Based on the heavy volume, one can assume that some institution or institutions have been scaling out over the past month. Fundamentals still appear to be favorable for BDX though, so the only issue would appear to be valuation. For a variety of reasons, I still think it's a cheap stock.
Since I am a complete outsider to the company I have no idea. However, if they were going to miss or guide lower, they sure as hell should have done it when they announced the lawsuit settlement. I'm assuming Ludwig is smart enough to know that. Gee whiz, he used to be the CFO.
I expect the quarter will meet analysts expectations. I agree that if there was to be a surprise it would have been announced with the settlement. It's more in keeping with Mr. Ludwig's past style. I can't find my last Annual Report. Does BDX have enough cash to pay the settlement or will it come out of future earnings? Is the settlement a pay out over time?