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Animal Health International Announces Stockholder Approval of Merger Agreement
Wednesday, June 8, 2011 - 10:00am | 76Animal Health International (Nasdaq: AHII) announced today that, at a special meeting of its stockholders, the holders of a majority of the outstanding shares of common stock of Animal Health adopted the previously announced merger agreement among Animal Health, Lextron and Buffalo Acquisition, Inc...
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Goldman Sachs Maintains Buy on Henry Schein
Wednesday, June 8, 2011 - 8:29am | 83Goldman Sachs is out with its report today on Henry Schein (NASDAQ: HSIC), maintaining Buy. In a note to clients, Goldman Sachs writes, "We hosted and Q&A session and investor dinner with Steven Paladino, EVP and CFO and Ferdinand Jahnel, VP and Treasurer where commentary on the company's key...
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Goldman Sachs Comments On Cardinal Health
Tuesday, June 7, 2011 - 6:56am | 127According to a recent report, Goldman Sachs hosted a dinner with Cardinal Health (NYSE: CAH) CFO Jeff Henderson at the 32nd Annual Global Healthcare Conference. The tones of the dinner was positive and CAH internal initiatives seem to be back on track. Additional highlights of the conference...
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UPDATE: Goldman Sachs Raises PT on Patterson Companies to $34
Friday, May 27, 2011 - 7:10am | 105Goldman Sachs is out with its report today on Patterson Companies (NASDAQ: PDCO), raising its PT from $31 to $34. In a note to clients, Goldman Sachs writes, "Our 12-month price target goes to $34 from $31, equally based on P/E and EBITDA) on model roll-forward and increased multiples as we have...
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J.P. Morgan Raises Patterson PT from $33 to $35
Friday, May 27, 2011 - 6:41am | 25J.P. Morgan is raising its PT on shares of Patterson (NASDAQ: PDCO). Patterson closed Thursday at $35.11.
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Goldman Sachs Raises PT On Patterson Companies To $34
Friday, May 27, 2011 - 6:04am | 27Goldman Sachs has raised the price target on Patterson Companies (NASDAQ: PDCO) from $31 to $34 and maintains its Neutral rating.
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Earnings Roundup For May 26
Thursday, May 26, 2011 - 7:40am | 1113H.J. Heinz Co (NYSE: HNZ) reported its fourth-quarter profit at $223.9 million, or $0.70 per share, up from $192.4 million, or $0.61 per share, in the year-earlier period. Its income from continuing operations climbed to $0.69 per share from $0.60 per share. Breaking out closing costs of $0.02 per...
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UPDATE: Patterson Reports Upbeat FQ4 Earnings
Thursday, May 26, 2011 - 7:05am | 125Patterson Companies Inc (NASDAQ: PDCO) reported a 1.5% rise in its fiscal fourth-quarter profit on Thursday. Patterson reported its quarterly profit at $62.7 million, or $0.53 per share, up from $61.8 million, or $0.52 per share, in the year-earlier period. Its revenue increased 8.7% to $883.8...
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Goldman Sachs Maintains Neutral Rating on PSS World Medical
Thursday, May 26, 2011 - 6:30am | 97According to a research report, Goldman Sachs recently attended PSS World Medical's (NASDAQ: PSSI) investor day in New York where PSSI provided an positive three year plan. Following investor day, Goldman Sachs has maintained a $29.00 price target and a Neutral rating on PSSI. In the report,...
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Goldman Sachs Raises PSS World Medical Target from $25 to $28
Thursday, May 26, 2011 - 5:33am | 25Goldman Sachs is raising its PT from on shares of PSS World Medical (NASDAQ: PSSI) from $25 to $28.
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US Stock Futures Up As Investors Await Jobless Claims, GDP Data
Thursday, May 26, 2011 - 5:16am | 568US stock futures are higher this morning, as investors are awaiting data on jobless claims and first-quarter economic growth. Futures on the Dow Jones Industrial Average surged 29 points to 12,380.00 and futures on the S&P 500 stock index rose 2.70 points to 1,319.30. Nasdaq 100 futures gained...
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Earnings Scheduled For May 26
Wednesday, May 25, 2011 - 11:45pm | 491Big Lots Inc (NYSE: BIG) is projected to report its Q1 earnings at $0.69 per share on revenue of $1.23 billion. Fred's Inc (NASDAQ: FRED) is expected to post its Q1 EPS at $0.24 on revenue of $485.05 million. Tiffany & Co (NYSE: TIF) is projected to report its Q1 EPS at $0.57 on revenue of $...
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McKesson Increases Dividend by $0.02 to $0.20
Wednesday, May 25, 2011 - 3:34pm | 65The Board of Directors of McKesson Corporation (NYSE: MCK) at its meeting today declared a regular dividend of twenty cents per share on Common Stock, a two cent increase from the prior quarter resulting from the previously announced change in the Corporation's dividend policy. The dividend will...
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J.P. Morgan Rates McKesson Overweight
Wednesday, May 25, 2011 - 7:34am | 156According to J.P. Morgan, McKesson (NYSE: MCK) is rated Overweight. J.P. Morgan said that as part of McKesson Week it hosted a conference call with CEO John Hammergren today. “Our rating on McKesson is Overweight. We continue to point to the positive fundamental outlook for the drug distribution...
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J.P. Morgan Provides Color On Technology Solutions At McKesson
Wednesday, May 25, 2011 - 6:44am | 110According to a recent report by J.P. Morgan, during a McKesson conference call (NYSE: MCK), CEO, John Hammergren reported the company has no plans to sell or spin their business and further discussed recent trends and management outlook. The conference call lead J.P. Morgan to reiterate a $84.17...