Cost cuts improve MDS’s outlook

MDS INC. $6.30 (Toronto symbol MDS; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 120.1 million; Market cap: $756.6 million; Price-to-sales ratio: 0.6; SI Rating: Average) is a life-sciences company that sells its goods and services in three fields: contract drug research (on behalf of pharmaceutical… Read More

Writedowns Expand Losses at MDS

MDS INC. $7.43 (Toronto symbol MDS; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 121.1 million; Market cap: $899.8 million; Price-to-sales ratio: 0.5; SI Rating: Average) lost $233 million or $1.91 a share in the fiscal year ended October 31, 2008 (all amounts except share price… Read More