Shares in Waters rose 12.36 percent for the tracking period ended Tuesday to lead all gainers in the BCW Index. The firm posted fourth-quarter revenue growth of 3 percent this week, but its profits rose 9 percent, beating market estimates.
GE and Harvard Bioscience were the two firms in the Index to drop more than 5 percent for the week, with GE falling 5.67 percent and Harvard Bio declining 5.34 percent. Last week, GE reported that its fourth-quarter profits fell 46 percent, due to losses associated with the sale of its insurance business.
Overall, the Index gained .67 percent. In comparison, the Dow Jones Industrial Average fell 1.7 percent, while the Nasdaq and Nasdaq Biotech Index both dropped 1.6 percent for the week.
|
BioCommerce Week Index of Diversified Molecular Biology Tool Companies
|
||||
| Company |
Ticker
|
Current Price
(Jan 24, 2006) |
Last Price
(Jan. 17, 2006) |
% change
|
| Agilent |
A
|
34.32
|
33.76
|
1.66
|
| Applied Biosystems |
ABI
|
27.84
|
28.15
|
-1.10
|
| Beckman |
BEC
|
57.56
|
59.32
|
-2.97
|
| Bio-Rad |
BIO
|
68
|
66.32
|
2.53
|
| Bruker |
BRKR
|
4.65
|
4.56
|
1.97
|
| Fisher Scientific |
FSH
|
66.45
|
66.41
|
0.06
|
| GE |
GE
|
32.96
|
34.94
|
-5.67
|
| Harvard Bio |
HBIO
|
4.96
|
5.24
|
-5.34
|
| Invitrogen |
IVGN
|
67.6
|
67.78
|
-0.27
|
| Molecular Devices |
MDCC
|
28.76
|
28.99
|
-0.79
|
| PerkinElmer |
PKI
|
23
|
23.22
|
-0.95
|
| Qiagen |
QGEN
|
11.88
|
12.34
|
-3.73
|
| Sigma |
SIAL
|
64.61
|
63.98
|
0.98
|
| Stratagene |
STGN
|
10.68
|
10.24
|
4.30
|
| Thermo |
TMO
|
33.08
|
31.97
|
3.47
|
| Waters |
WAT
|
43.08
|
38.34
|
12.36
|
| BCW Index Average |
36.21
|
35.97
|
0.67
|
|