Agilent's

Western companies haven't been as quick to take advantage of this capability as their Asian counterparts, but among those that have is Agilent Technologies Inc. The Santa Clara, Calif., maker of electronic-measurement equipment has a "modest program" to pay some Chinese business partners in yuan, says Dawnette Blake , Agilent's foreign-exchange manager.

The Corporate Shuffle Chana R. Schoenberger 2011

Western companies haven't been as quick to take advantage of this capability as their Asian counterparts, but among those that have is Agilent Technologies Inc. The Santa Clara, Calif., maker of electronic-measurement equipment has a "modest program" to pay some Chinese business partners in yuan, says Dawnette Blake , Agilent's foreign-exchange manager.

The Corporate Shuffle Chana R. Schoenberger 2011

However, currencies don't impact Agilent's bottom line, said Mr. Hirsch.

Agilent CFO: Global Economy in 'Goldilocks' Scenario Pui-Wing Tam 2011

Sales in China form 17% of Agilent's revenue, he said.

Agilent CFO: Global Economy in 'Goldilocks' Scenario Pui-Wing Tam 2011

JDS Uniphase, which bought Agilent's network solutions test unit last year, climbed 8.9 percent to $27.37.

Stocks fall on surge in crude oil prices 2011

"We have a more positive view of [Agilent's] bioanalytical markets and expect sales in that segment to remain stable."

Agilent to Slash 2,700 More Positions 2009

In addition, we note that 62% of Agilent's sales are international, and we have become increasingly concerned about business conditions (and foreign exchange) in Europe.

Agilent May See Measured Slowdown 2008

Reducing fiscal 2009 estimated EPS by 12 cents to $2.10 from $2.22 to reflect higher forecasted-net-interest expense on Agilent's recently refinanced debt (nine cents per share) and, to lesser extent, capture modest reductions in first-half 2009 estimated orders/sales (three cents per share) stemming from the weaker global demand and tight credit conditions.

Agilent May See Measured Slowdown 2008

Last month, Moody's Investors Service confirmed its rating on Agilent at one notch below investment grade, saying it is concerned about sluggish order growth in the electronic measurement business, which accounts for more than 60% of Agilent's revenue, and a potential slowdown in Asia, where the company generates about 40% of its revenue.

Agilent's Net Falls 8.6% 2008

Agilent's balance sheet remains strong ($940 million net cash), and we project $600 million free cash flow next year.

Agilent May See Measured Slowdown 2008