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Latest WAT News From Around the Web
Below are the latest news stories about Waters Corp that investors may wish to consider to help them evaluate WAT as an investment opportunity.
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Waters Corporation (NYSE:WAT) announced this week at Biotech Week Boston the establishment of Immerse™ Cambridge, a new Waters' research laboratory in the heart of Cambridge’s Kendall Square. Immerse Cambridge will serve as a strategic, collaborative space in the community, where Waters can partner with academia, research and industry to accelerate the next generation of scientific advancements. “Immerse Cambridge will house the latest analytical instruments a
LabMinds Helps Waters Corporation Enhance Automation and Efficiency of Lab Operations Across Multiple Locations
BOSTON--(BUSINESS WIRE)-- #DSP--LabMinds, Inc., a pioneer in automation for solution preparation in life sciences, today announced that Waters Corporation (NYSE: WAT), a global leader in specialty measurement in life, food and materials sciences, is outfitting several of its R&D and customer demonstration laboratories with LabMinds’ REVO solution preparation systems. The REVO robotic systems will help Waters boost efficiency within its lab operations by enabling remote operation and automation of
MILFORD, Mass.--(BUSINESS WIRE)--Waters Corporation (NYSE: WAT) today announced second quarter 2020 sales of $520 million, a 13% decrease as reported, compared to sales of $599 million for the second quarter of 2019. Foreign currency translation negatively impacted sales growth by approximately 1% for the quarter. The Company’s results were impacted by lower demand across all major geographies due to the COVID-19 pandemic. On a GAAP basis, diluted earnings per share (EPS) for the second quarter
Waters' (WAT) second-quarter 2020 results are likely to reflect new product introductions and large molecule strength.
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Upgrades * For Korn Ferry (NYSE: KFY), Sidoti & Co. upgraded the stock from Neutral to Buy. For the fourth quarter, Korn Ferry had an EPS of $0.60, compared to year-ago quarter EPS of $0.88. The stock has a 52-week-high of $43.99 and a 52-week-low of $21.45. Korn Ferry's stock last closed at $29.64 per share. * Wedbush changed the rating for Cognizant Technology Solutions Corp (NASDAQ: CTSH) from Neutral to Outperform. In the first quarter, Cognizant Tech Solns showed an EPS of $0.96, compared to $0.91 from the year-ago quarter. The stock has a 52-week-high of $71.48 and a 52-week-low of $40.01. Cognizant Tech Solns's stock last closed at $59.67 per share. * Morgan Stanley upgraded the stock for Dell Technologies Inc (NYSE: DELL) from Equal-Weight to Overweight. Dell Technol...
Waters ([[WAT]] +15.3%) appointed industry veteran Udit Batra, Ph.D. as its president and CEO and also to its board, effective September 1, 2020. Most recently, he served as CEO of life Science business of Merck KGaA.He succeeds Christopher O’Connell who will continue to remain on Waters' board as an advisor until end of...
MILFORD, Mass.--(BUSINESS WIRE)--Waters Corporation (NYSE:WAT) will webcast its Q2 2020 financial results conference call live on Tuesday, July 28th at 8:00 a.m. eastern time. To listen to the conference call, connect to Waters’ website, www.waters.com choose “Investors” and click on the Live Webcast. A replay of the webcast will be available until August 4th at midnight eastern time. About Waters Corporation Waters Corporation (NYSE:WAT), the world's leading specialty measurement company, has
Shares of Waters Corp. (NYSE: WAT) were surging 12.9% at 1:45 p.m. EDT on Wednesday after the company reported preliminary second-quarter revenue that was higher than expected, and news that it's hired a new CEO. In Q1, a 45% drop in China revenue because of COVID-19 restrictions caused global sales to fall 9.5% year over year to $465 million. Although sales remained weak in the second quarter because of European Union and United States COVID-19 shutdowns, the decline in demand was less than industry watchers expected.
Waters Corporation (NYSE:WAT) ("Waters" or the "Company") today announced that Udit Batra, Ph.D. has been named the Company’s President and Chief Executive Officer, effective September 1, 2020. He will also join Waters’ Board of Directors at that time. Dr. Batra succeeds Christopher O’Connell who will remain in his current roles as President and Chief Executive Officer, and as a member of the Board until September 1, 2020. As previously announced, Mr. O’Connell will also remain with Waters as an advisor until the end of this year to support the transition.