I just read the earnings announcement and it will be interesting to see how folks respond to Alere shedding $1 Billion of Goodwill onto shareholders. (They have 5 more Billion to shed in coming qtrs or years.)
The stuff I really like is Currency adjusted numbers...for instance the Professional Diag sector is actually down $4.4 million in the 4th quarter, but it is panned as a $8.8 currency adjusted increase.
Just stating the obvious...I make no judgement on the company as it is in the sweet spot of this decade...diagnostic tools.
Personally I have been concerned about this goodwill line item. It is the largest asset on the balance sheet. Net Tangible assets are at a negative 1.9B. I am glad to see them coming clean on this line item.
If goodwill is the largest asset, then I think it needs a lot of scrutiny.