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Bio-Rad Leads Strong Week for BCW Index

Shares in Bio-Rad Laboratories gained nearly 10 percent this past week after the firm reported first-quarter revenue growth of 8.3 percent on a currency neutral basis (see Briefs). The firm led all 10 gainers for the tracking period ended Tuesday. Fisher Scientific, which announced this week an agreement to merge with Thermo Electron, also rose a robust 7.7 percent. Bruker BioSciences led decliners with a drop of 6.2 percent.

Overall, the Index gained 2.9 percent for the week. It outperformed the Dow Jones Industrial Average, which rose 2 percent; the Nasdaq, which gained 1.2 percent; and the Nasdaq Biotech Index, which climbed 1.7 percent for the tracking period.

BioCommerce Week Index of Diversified Molecular Biology Tool Companies
Company
Ticker
Current Price
(May 9, 2006)
Last Price
(May 2, 2006)
% change
Agilent
A
38.88
39.03
-0.38
Applied Biosystems
ABI
29.17
28.57
2.10
Beckman
BEC
55.68
52.57
5.92
Bio-Rad
BIO
71.28
65
9.66
Bruker
BRKR
5.58
5.95
-6.22
Fisher Scientific
FSH
76.8
71.31
7.70
GE
GE
35
34.48
1.51
Harvard Bio
HBIO
4.4
4.23
4.02
Invitrogen
IVGN
66.43
64.99
2.22
Molecular Devices
MDCC
33.09
32.56
1.63
PerkinElmer
PKI
21.5
21.58
-0.37
Qiagen
QGEN
15.09
14.97
0.80
Sigma
SIAL
69.79
68.26
2.24
Stratagene
STGN
10.55
11.06
-4.61
Thermo
TMO
38.45
38.6
-0.39
Waters
WAT
44.82
45.99
-2.54
BCW Index Average
38.53
37.45
2.90
The Scan

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