[ad_1]
Bio-Rad Laboratories is in talks to combine with fellow life-sciences company Qiagen NV in a deal that would be worth more than $10 billion, according to people familiar with the matter.
The talks have been going on for a while but any agreement isn’t likely for another few weeks or more—and there may not be one.
[ad_2]
[ad_1]
When the stock market has jumped two days in a row, as it has now, it is easy to become complacent.
But the Federal Reserve isn’t finished raising interest rates, and recession talk abounds. Stock investors aren’t out of the woods yet. That can make dividend stocks attractive if the yields are high and the companies produce more cash flow than they need to cover the payouts.
Below is a list of 21 stocks drawn from the S&P Composite 1500 Index
SP1500,
that appear to fit the bill. The S&P Composite 1500 is made up of the S&P 500
SPX,
the S&P 400 Mid Cap Index
MID,
and the S&P Small Cap 600 Index
SML,
The purpose of the list is to provide a starting point for further research. These stocks may be appropriate for you if you are looking for income, but you should do your own assessment to form your own opinion about a company’s ability to remain competitive over the next decade.
One way to measure a company’s ability to pay dividends is to look at its free cash flow yield. Free cash flow is remaining cash flow after planned capital expenditures. This money can be used to pay for dividends, buy back shares (which can raise earnings and cash flow per share), or fund acquisitions, organic expansion or for other corporate purposes.
If we divide a company’s estimated annual free cash flow per share by its current share price, we have its estimated free cash flow yield. If we compare the free cash flow yield to the current dividend yield, we may see “headroom” for cash to be deployed in ways that can benefit shareholders.
For this screen, we began with the S&P Composite 1500, then narrowed the list as follows:
For real-estate investment trusts, dividend-paying ability is measured by funds from operations (FFO), a non-GAAP figure that adds depreciation and amortization back to earnings. Adjusted funds from operations (AFFO) takes this a step further, subtracting cash expected to be used to maintain properties. So for the two REITs on the list, the FCF yield column makes use of AFFO.
For many companies in the financial sector, especially banks and insurers, free cash flow figures aren’t available, so the screen made use of earnings-per-share estimates. These are generally considered to run close to actual cash flow for these heavily regulated industries.
Here are the 21 companies that passed the screen, with dividend yields of at least 5% and estimated 2023 FCF yields at least twice the current payout. They are sorted by dividend yield:
| Company | Ticker | Type | Dividend yield | Estimated 2023 FCF yield | Estimated “headroom” |
| Uniti Group Inc. |
UNIT, |
Real-Estate Investment Trusts | 8.33% | 25.25% | 16.92% |
| Hanesbrands Inc. |
HBI, |
Apparel/ Footwear | 8.33% | 17.29% | 8.96% |
| Kohl’s Corp. |
KSS, |
Department Stores | 7.68% | 16.72% | 9.04% |
| Rent-A-Center Inc. |
RCII, |
Finance/ Rental/ Leasing | 7.52% | 17.26% | 9.73% |
| Macerich Co. |
MAC, |
Real-Estate Investment Trusts | 7.43% | 18.04% | 10.60% |
| Devon Energy Corp. |
DVN, |
Oil & Gas Production | 7.13% | 14.47% | 7.33% |
| AT&T Inc. |
T, |
Major Telecommunications | 6.98% | 14.82% | 7.84% |
| Newell Brands Inc. |
NWL, |
Industrial Conglomerates | 6.59% | 17.42% | 10.82% |
| Dow Inc. |
DOW, |
Chemicals | 6.18% | 15.63% | 9.45% |
| LyondellBasell Industries NV |
LYB, |
Chemicals | 6.09% | 16.07% | 9.99% |
| Scotts Miracle-Gro Co. Class A |
SMG, |
Chemicals | 6.04% | 12.68% | 6.65% |
| Diamondback Energy Inc. |
FANG, |
Oil & Gas Production | 5.56% | 13.63% | 8.08% |
| Best Buy Co. Inc. |
BBY, |
Electronics/ Appliance Stores | 5.53% | 14.08% | 8.55% |
| Viatris Inc. |
VTRS, |
Pharmaceuticals | 5.50% | 28.95% | 23.45% |
| Prudential Financial Inc. |
PRU, |
Life/ Health Insurance | 5.38% | 13.30% | 7.91% |
| Ford Motor Co. |
F, |
Motor Vehicles | 5.23% | 15.95% | 10.72% |
| Invesco Ltd. |
IVZ, |
Investment Managers | 5.23% | 14.95% | 9.73% |
| Franklin Resources Inc. |
BEN, |
Investment Managers | 5.17% | 13.21% | 8.04% |
| Kontoor Brands Inc. |
KTB, |
Apparel/ Footwear | 5.17% | 14.15% | 8.98% |
| Seagate Technology Holdings PLC |
STX, |
Computer Peripherals | 5.11% | 13.19% | 8.07% |
| Foot Locker Inc. |
FL, |
Apparel/ Footwear Retail | 5.03% | 15.52% | 10.49% |
| Source: FactSet | |||||
Any stock screen has its limitations. If you are interested in stocks listed here, it is best to do your own research, and it is easy to get started by clicking the tickers in the table for more information about each company. Click here for Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.
For the “estimated FCF yields,” consensus free cash flow estimates for calendar 2023 were used for all companies except the following:
Don’t miss: Dividend yields on preferred stocks have soared. This is how to pick the best ones for your portfolio.
[ad_2]
[ad_1]
Press Release
–
Feb 7, 2022
TEWKSBURY, Mass., February 7, 2022 (Newswire.com)
–
Cambridge Isotope Laboratories, Inc. (CIL) is pleased to announce the hire of Ashley Schultz as a new Regional Sales Manager. Schultz will lead sales for CIL in the Mid-Atlantic and Southeast regions, covering Pennsylvania, Delaware, Maryland, West Virginia, Virginia, Kentucky, Tennessee, North Carolina, South Carolina, Alabama, Georgia, and Florida.
“It is my pleasure to welcome Ashley to CIL,” said Greg Whitney, Global Sales Director. “Ashley’s comprehensive industry knowledge and successful record of accomplishment adds to our commitment in supporting our customers. We are excited to have her on board as we continue to grow and evolve as a business to reach new heights.”
Schultz spent five years at Microtek, where she worked in Sales and Business Development. During this time, she contributed in numerous impactful ways, independently driving top-line business growth in core markets, helping to commercialize new R&D products from inception to launch, and partnering with key customers and collaborators to secure strategic opportunities. Schultz’s previous experience also boasts 9+ years of combined bench chemistry experience at Daychem, Dupont, and Sigma-Aldrich / Isotec.
During this time, she developed “hands-on” experience with a wide variety of analytical techniques and synthetic chemistry processes. She has also participated directly in the synthesis of isotopically labeled compounds in cGMP labs for use in a broad range of industrial and life sciences applications.
“CIL presented the perfect opportunity for me to continue growing professionally and personally,” states Schultz. “I’m extremely passionate about chemistry and enjoy sales and business development immensely. Being able to help scientists and researchers solve challenges that impact so many of us gives me a profound sense of accomplishment. I’m looking forward to a wonderful future with CIL.”
About Cambridge Isotope Laboratories, Inc.
CIL is the world’s largest manufacturer and global supplier of stable isotopes and stable isotope-labeled compounds used in research, environmental, neonatal, pharmaceutical, medical diagnostic, OLED, and industrial markets. CIL is an operating business owned by Otsuka Pharmaceuticals. The CIL business consists of two facilities in the Boston, MA, area; a large isotope-enrichment production plant in Xenia, OH; CIL China; CIL Canada; ABX in Dresden, Germany; and Eurisotop in Saclay, France.
For more information on CIL, visit isotope.com.
Contact Information:
Crissy Krisko
Phone: 1.978.749.8000
Fax: 1.978.749.2768
www.isotope.com
Source: Cambridge Isotope Laboratories
[ad_2]
[ad_1]
Dispensing systems for benchtop to full laboratory deployment in life sciences and medical diagnostics.
Press Release
–
updated: Jan 25, 2018
Carlsbad, Calif., January 25, 2018 (Newswire.com)
–
Let’s Go Robotics today announced Precise Drop™ micro-dispensing systems. These systems are the latest innovation by the company for life sciences and medical diagnostics applications. Precise Drop is highly configurable, making it easy to use in any environment from benchtop to full laboratory. The Let’s Go Robotics team focuses on system integration, custom engineering, and standard product development, leveraging its decades of experience in engineering and robotics.
“We have been designing and delivering small volume dispensing systems for years,” said Brian L. Ganz, Let’s Go Robotics President and CEO. “Precise Drop systems package this expertise into a more standard line of flexible dispensers that scales from benchtop to full production.”
We have been designing and delivering small volume dispensing systems for years. Precise Drop systems package this expertise into a more standard line of flexible dispensers that scales from benchtop to full production.
Brian L. Ganz, President and CEO of Let’s Go Robotics Inc
Precise Drop dispensers are compact, low cost and fully customizable. Available for 1 to 16 channels in the packaged configuration, the dispensers can be configured with more than 64 channels as needed. Each channel is independently controlled, dispensing volumes from 50nL to 650μL and bulk fill up to 2mL. The systems support a wide range of substrates, microwell plates, and membranes.
Small volume dispensing is important for life science companies to conserve samples and improve experimental results. The systems are easily used in genomic and proteomic research, drug discovery, mass spectrometry, and screening assays. These systems eliminate inconsistency and spillage problems common in manual processes.
For medical device (DX) applications, Precise Drop enables low cost, highly accurate and repeatable reagent dispensing. Applications include manufacturing of rapid testing strips and other flow-through wetted diagnostics kits.
Precision Non-Contact Dispensing
Precise Drop systems use solenoid valves to meter consistent volumes into the substrate, microwell plate or membrane. A digital control system ensures accurate, precise dispensing. Each valve has a dedicated independent microcontroller. Channels can be coordinated, individually timed or timed based on some external event. This flexibility is critical for both multi-well dispense and for multi-line dispense onto a membrane web.
The user interface to the microcontrollers is browser-based, allowing operators to set up protocols and recipes using a smartphone, tablet, netbook, laptop, desktop computer or any other web-based device. Precise Drop also interfaces with SiLA and TCP/IP socket.
“Precise Drop technology remains the same as it scales from benchtop to production operations,” said Ganz. “This ensures consistency and eliminates the need for retraining as systems grow.”
Precise Drop Systems
Precise Drop Systems are available in 3 core configurations:
In addition, Let’s Go Robotics can design custom end-user systems and OEM configurations.
To learn more about specific configurations, contact Let’s Go Robotics and request the Precise Drop Micro-Dispensing Systems brochure.
SLAS 2018
Precise Drop micro-dispensing systems will be featured at SLAS 2018 in booth #1001. Representatives will be available throughout the exhibition to demonstrate the systems and answer any questions.
About Let’s Go Robotics
Let’s Go Robotics specializes in Robotics and automation for the future. Our team focuses on system integration, custom engineering, and standard product development, leveraging our extensive experience in engineering and robotics. We are 100% committed to your success, delivering the automation or custom engineering you need to improve your efficiency. As experts in integrating complex systems involving motion control and instrumentation, our team can provide complete laboratory automation, custom engineering services, and everything in between.
The LGR team consists of experienced Mechanical, Electrical, Software and Processing Engineers. Our expert team will integrate key technologies with your automation requirements to create a system that meets your needs now, with the flexibility to adapt for the future.
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to, product acceptance, the ability to continually obtained increased orders of its products, the ability to meet installation goals, economic, competitive, governmental impacts, whether pending patents will be granted or defendable, validity of intellectual property and patents, the ability to license patents, the ability to commercialize developmental products, as well as technological and/or other factors.
Contacts:
Let’s Go Robotics
Phone +1.760.438.0210
e-mail: info@letsgorobotics.com
www.letsgorobotics.com
Source: Let’s Go Robotics Inc
[ad_2]
[ad_1]
Let’s Go Robotics announces new patent on robotic gripper. Gripper handles microwell plates without dropping, crushing or mishandling. Product can retrofit most robotic arms and positioners.
Press Release
–
Jun 1, 2016
Carlsbad, California, June 1, 2016 (Newswire.com)
–
Let’s Go Robotics today announced that the US Patent and Trademark Office has granted patent #9,327,411 for a robotic gripper that eliminates common points of failure in robotics used in life sciences and other applications. The method is based on sensor-less force detection to avoid crushing and novel rack and pinion gears to avoid dropping. The patent is used in the Let’s Go Robotics electro servo gripper named The Gripster and used in a wide range of robotic systems. Let’s Go Robotics specializes in life sciences automation for the future.
“Our revolutionary gripper handles microwell plates without dropping, crushing or otherwise mishandling them,” said Brian Ganz, Let’s Go Robotics President. “These plates may contain drug discovery experiments worth thousands of dollars or drug trial testing materials that are irreplaceable. Our patented technology safeguards these experiments as plates are transferred between instruments.”
“Our revolutionary gripper handles microwell plates without dropping, crushing or otherwise mishandling them. These plates may contain drug discovery experiments worth thousands of dollars or drug trial testing materials that are irreplaceable. Our patented technology safeguards these experiments as plates are transferred between instruments.”
Brian Ganz, President
The patented robotic gripper detects the presence of an object such as a microwell based on force rather than a sensor. Once force is detected, power is held constant, eliminating the risk of crushing. Only a small amount of current is required, avoiding common overheating problems. Force is created by a small stepping motor driving mechanical gears and is fully programmable for each environment. Grip forces are varied automatically based on plate width, and whether the plate is lidded or un-lidded, empty, full or partially filled. Objects can be gripped in landscape and portrait orientation. Software is included to setup the gripper for unique applications. No plastic is used, just all precise bearings and machined aluminum for quality and longevity.
The gripper uses rack and pinion gears with a worm drive to eliminate dropping risk. The worm drive turns the gears but the gears cannot turn the worm drive. As a result, the gripper cannot lose its grip on a microwell plate. A manual override button can be pressed to free a plate, at the gripper if needed. Other features covered in the patent include top and rear mounting options and collision detection to protect the microplate.
The Gripster can retrofit most robotic arms and positioners. Its built-in controller easily interfaces with robot controllers. Let’s Go Robotics regularly works with scientists and engineers to get the best fit for their laboratory automation needs. Other features include a bar-code reader mounted on the gripper, along with additional I/O for future automation support.
“Grippers are an extremely important component in life science robotics and a common point of failure,” said Ganz. “This patent recognizes the innovative nature of our robotic gripper and represents a significant improvement in reliability in unattended laboratory operations.”
Patent #9,327,411 was issued on May 3, 2016. The patent claims the benefit of Provisional Application 61/422,571 filed December 13, 2010. Brian Ganz is a named inventor on this patent and more than 20 other US patents. Read the full text of the patent on the US Patent and Trademark Office web site.
Source: Let’s Go Robotics Inc
[ad_2]