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Beckman Coulter Shares Slide on Lackluster Q4 Revenue, Earnings

NEW YORK, Feb. 17 (GenomeWeb News) - Shares of Beckman Coulter were down $3.36, or 5.59 percent, at $56.80 in mid-afternoon trading after the company reported a 5-percent drop in fourth-quarter sales.

 

As GenomeWeb News reported this morning, sales fell by 5.4 percent in the fourth quarter to $655.5 million from $693 million during the year-ago period.

 

Fourth-quarter consumable sales were up 12 percent, with acquisitions contributing to 3.9 percent of that growth.

 

Net income for the period decreased 70 percent to $17.8 million from $59.8 million during the fourth quarter of 2004.

The Scan

Pig Organ Transplants Considered

The Wall Street Journal reports that the US Food and Drug Administration may soon allow clinical trials that involve transplanting pig organs into humans.

'Poo-Bank' Proposal

Harvard Medical School researchers suggest people should bank stool samples when they are young to transplant when they later develop age-related diseases.

Spurred to Develop Again

New Scientist reports that researchers may have uncovered why about 60 percent of in vitro fertilization embryos stop developing.

Science Papers Examine Breast Milk Cell Populations, Cerebral Cortex Cellular Diversity, Micronesia Population History

In Science this week: unique cell populations found within breast milk, 100 transcriptionally distinct cell populations uncovered in the cerebral cortex, and more.