The disappointing fourth-quarter results indicate to us that, like its peers, Beckman Coulter faces a tougher environment and management does not yet have its arms around the one-offs that have been negatively impacting its margins.
More Quotes from Matt Miksic:
The departure of Mr. Miller will open the door for creating shareholder value through further changes and operating improvements at the company.Matt Miksic
We believe the majority of the difference is accounted for in the impact from higher foreign exchange.
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The plant closings and consolidation make sense to us and should be viewed favorably by investors. We suspect that management is once again being overly conservative in pushing the potential cost benefits out to 2008.
Matt Miksic
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Based on Topics: Management QuotesBased on Keywords: coulter, one-offs
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