News Summary: Waters new LC-MS grade reagents, enzymes, and software simplify large molecule RNA analysis to accelerate and improve development of mRNA vaccines, personalized cancer therapies, and innovative drugs for genetic disorders. Novel digestion enzymes deliver complete RNA sequence coveragei for more confident characterization, while new LC-MS-grade reagents increase sensitivity and improve detection accuracy of RNA components.ii New waters_connect™ MAP Sequence software accelerates RNA oligonucleot ...

Core Insights - Waters Corporation has introduced the TA Instruments™ Discovery Core Rheometer, a modern and compact rheometer designed for routine quality control in various industries including batteries, pharmaceuticals, and food [2][5] - The new rheometer features an easy-to-use touchscreen interface with self-guided training and methods, making it accessible for users at all levels of expertise [2][5] - The Discovery Core Rheometer offers superior analytical performance with up to 2x better torque sensitivity compared to other rheometers on the market, while requiring only half the bench space of comparable modular systems [4][5] Product Features - The instrument is equipped with RheoGuide™ Software, which simplifies the testing process through pre-defined methods and real-time data analysis [5][8] - It is designed specifically for in-line manufacturing quality control, enhancing the assessment of battery electrode slurry performance and reducing waste and production costs [5] - The Discovery Core Rheometer is orderable now, with global availability expected in Q1 2025 [6] Market Position - The introduction of the Discovery Core Rheometer addresses a significant unmet need in the market for high-performance rheometers that are accessible to a broader range of testing laboratories [5] - Waters Corporation has a long-standing reputation in high-performance rheometers, aiming to inspire better decision-making through superior results [5][7]

MILFORD, Mass., Oct. 7, 2024 /PRNewswire/ -- Waters Corporation (NYSE:WAT) will hold its Q3 2024 financial results conference call live on Friday, November 1st, 2024 at 8:00 a.m. Eastern Time. A live webcast of the presentation will be available on Waters Investor Relations website at https://ir.waters.com. A replay of the webcast will also be available until at least November 29th, 2024, at midnight Eastern Time. About Waters Corporation Waters Corporation (NYSE: WAT), a global leader in analytical instrum ...

Core Points - The Georgia Power Foundation has awarded $1 million in grants to The Trust for Public Land and the Seabrook Village Foundation to support projects aimed at improving water resources in Georgia [1][2] - The Waters for Georgia grant program has been operational since 2019, funding a total of 18 projects with an investment of $3 million to enhance water quality across the state [4] Group 1: Grant Recipients and Projects - The Trust for Public Land will utilize the grant to restore hydrological infrastructure and establish riverbank plant buffers in Mableton, Georgia [2][3] - The Seabrook Village Foundation will implement a living shoreline installation to support a healthy marsh ecosystem and preserve historical heritage sites for the Gullah Geechee community [3] Group 2: Program Overview and Impact - The Waters for Georgia program focuses on green infrastructure, water quality management, and community engagement [4] - The Georgia Power Foundation is recognized as the third-largest corporate giving foundation in Georgia, emphasizing its commitment to environmental stewardship and community investment [5]

Equinor ASA (EQNR) , the Norwegian state-owned energy powerhouse, has made a significant gas and condensate discovery in the Norwegian Sea. This new find was achieved using Transocean Ltd's (RIG) semisubmersible rig, Spitsbergen, in production license 199 in the Haltenbanken Vest Unit. The discovery has not only strengthened Equinor's role in hydrocarbon exploration but also reinforced Norway's standing as a major gas producer. EQNR's Discovery: A Boost for Norwegian Gas Reserves Equinor, along with its par ...

ST. MICHAEL, Barbados, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Blue Diamond Resorts is thrilled to unveil the latest in luxury with its new Private Island Diamond Experience, now available exclusively at Hideaway at Royalton Blue Waters, An Autograph Collection All-Inclusive Resort – Adults Only, in Jamaica. This exceptional offering elevates the Diamond Club™ suite category to new heights, inviting discerning guests to indulge in an exclusive, intimate escape on a secluded private islet, meticulously crafted fo ...

ATLANTA, Sept. 4, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions is proud to announce that LexisNexis® ThreatMetrix® has won the prestigious Best Cyber Security Provider award at the Waters Rankings 2024. This accolade underscores the company's commitment to delivering industry leading fraud and identity solutions to businesses worldwide. Established by WatersTechnology, the Waters Rankings honor excellence and innovation in financial technology, particularly in safeguarding digital identities and combatin ...

Core Viewpoint - Waters has reported a decline in year-over-year earnings and sales, raising concerns about its performance in various markets, while some segments show positive growth [2][3][11]. Financial Performance - Waters reported Q2 2024 non-GAAP earnings of $2.63 per share, exceeding estimates by 3.1%, but down 6.1% year-over-year [2]. - Net sales reached $708.53 million, surpassing the consensus estimate of $698 million, but fell 4% year-over-year [2]. - The Waters segment accounted for 88% of net sales, generating $622.56 million, down 5% year-over-year, while the TA segment contributed $85.97 million, reflecting a 2% decline [4]. Segment Analysis - Instruments sales (41% of total) were $294.06 million, down 14% year-over-year; Services (39%) increased 4% to $273.4 million; Chemistry (20%) also grew 4% to $141.1 million [5]. - The Pharmaceutical market (58% of sales) generated $415.75 million, down 3% year-over-year; the Industrial market (32%) saw sales of $221.39 million, down 4%; and the Governmental & Academic market (10%) dropped 15% to $71.4 million [6][7][8]. Geographic Performance - Sales in Asia (34% of total) were $237.43 million, down 7% year-over-year; the Americas (38%) generated $274.47 million, decreasing 3%; and Europe (28%) saw sales of $196.63 million, also down 3% [6][7][8]. Operating Details - Non-GAAP selling and administrative expenses were $168.3 million, down 4% year-over-year, while research and development spending was $44.9 million, a slight decrease of 0.2% [9]. - The adjusted operating margin was 29.2%, contracting 40 basis points year-over-year [9]. Cash Flow and Balance Sheet - As of June 30, 2024, cash and equivalents were $327.4 million, down from $338.2 million as of March 31, 2024 [10]. - Cash from operations was $54.5 million, significantly down from $262.9 million in the prior quarter, with free cash flow recorded at $143.5 million [10]. Guidance - For Q3 2024, Waters expects non-GAAP earnings of $2.60-$2.70 per share, with organic sales growth anticipated at 1-3% on a constant-currency basis [11]. - For the full year 2024, non-GAAP earnings are projected at $11.55-$11.65 per share, with organic sales expected to decline 2-0.5% [12]. Market Sentiment - There has been a downward trend in estimates, with a consensus estimate shift of -7.57% [13]. - Waters currently holds a Zacks Rank 4 (Sell), indicating expectations of below-average returns in the coming months [14].

Norwegian Cruise Line Holdings Ltd NCLH has faced rough seas this year, with its stock down 13.02% yearto-date, a 6.32% decline over the past year, and a sharp 19.23% drop in just the past month. The company's financial outlook is under pressure, and with significant industry headwinds on the horizon, investors are left questioning whether the worst is still to come. Financial Struggles, Industry Challenges Norwegian Cruise Line's financial position raises red flags. The company expects its net leverage to ...

Core View - The stock of Waters Corporation (NYSE:WAT) has increased by 24% and is trading near the price objective of $340/share, with the company valued at approximately $19.8 billion [4] - The outlook has been revised to a hold due to the stock trading at around 22x forward earnings, which is considered fair value [4] - Key concerns include widening days sales outstanding, slowing instrument replacement times, and a cautious sales guidance revision [4][5] Financial Performance - Q2 FY'24 sales declined by 400 basis points year-over-year but improved by 500 basis points sequentially, with China being a significant drag on performance [5] - Management has revised FY24 sales guidance lower, projecting a decline of 0.5% to 2%, while earnings per share are expected to be flat year-over-year at $11.65 at the upper end [5] - Free cash flow for Q2 was $143 million, representing 28% of sales, and year-to-date free cash flow is $377 million [5] Regional Insights - Sales in China declined in the low teens year-over-year, affecting various sectors, while sequential upsides were noted in pharmaceutical and industrial markets [6] - Total Asia sales, including China, were down 300 basis points year-over-year, with the Americas and Europe experiencing steeper declines of 700 basis points each [7] Operational Metrics - The instruments business saw a 17% decline year-over-year due to reduced customer capital expenditures and delays in large equipment purchases [7] - Management expects normalization in trends, particularly in China, but evidence is needed to support this [8] Return on Capital - Waters Corporation has maintained high returns on capital, exceeding 20%, but there are concerns about potential declines in return on invested capital (ROIC) [4][10] - The competitive advantage period has reduced to 15 years, with a fade rate in ROIC increasing to 6.3% [10] Valuation Insights - The company currently trades at approximately 6.5x enterprise value to invested capital (EV/IC), which may contract further due to declining ROICs [16] - The market value added suggests that every $1 invested is currently valued at $6.50, which may not be sustainable [16][18] - Future earnings growth expectations are high, requiring significant performance to justify current valuations [23]