Health Care Distributors

According to Goldman Sachs, McKesson (NYSE: MCK) reported 4QFY11 EPS of $1.66 (excluding one-time items), which was above its/consensus estimate of $1.58/$1.60. Goldman Sachs said that the quarter benefited $0.23 from a lower tax rate as operating margins on both businesses fell short of...

JP Morgan maintains a Neutral rating on Henry Schein (NASDAQ: HSIC). While an improving economy could lead to stronger top line trends and accelerating earnings growth, JP Morgan believe this is already priced in. Shares are up 20% year-to-date (vs. an 8% rise in the S&P 500), and valuation is...

JP Morgan has raised the price target on McKesson Corporation (NYSE: MCK) from $93 to $100 and maintains its Overweight rating.

JP Morgan has raised the price target on Henry Schein (NASDAQ: HSIC) from $63 to $72 and maintains its Neutral rating.

US stock futures are slightly higher this morning, as investors are awaiting earnings reports from Time Warner Inc (NYSE: TWX) and Kellogg Co (NYSE: K). Futures on the Dow Jones Industrial Average gained 20 points to 12,769.00 and futures on the S&P 500 stock index rose 1.80 points to 1,353.90...

Some of the stocks that may grab investor focus today are: Wall Street expects Time Warner Inc (NYSE: TWX) to report its Q1 EPS at $0.57 on revenue of $6.45 billion. TWX shares fell 0.48% to $37.55 in after-hours trading. CBS Corp (NYSE: CBS) reported its Q1 net income at $202 million, or $0.29...

McKesson (NYSE: MCK) Reports EPS of $1.62 vs. $1.60 Estimate; Revenues $28.9B vs. $26.39B Estimate

Henry Schein (NASDAQ: HSIC) Reports Q1 EPS of $0.82 vs. $0.80 Estimate; Revenues $1.95B vs. $1.88B Estimate

US stock futures are lower this morning, as investors are awaiting earnings from Pfizer Inc (NYSE: PFE) and report on factory orders. Futures on the Dow Jones Industrial Average dipped 40 points to 12,724.00 and futures on the S&P 500 stock index fell 5.20 points to 1,352.50. Nasdaq 100 futures...

Legg Mason Inc (NYSE: LM) is expected to report its Q4 EPS at $0.45 on revenue of $712.27 million. Mastercard Incorporated (NYSE: MA) is projected to report its Q1 EPS at $4.10 on revenue of $1.46 billion. Las Vegas Sands Corp (NYSE: LVS) is expected to report its Q1 EPS at $0.44 on revenue of...

J.P. Morgan, which raised its PT on shares of Cardinal Health, Inc. (NYSE: CAH), is providing some color on the stock. “After Cardinal reported a stronger than expected F3Q11 late last week (EPS of $0.75 vs. JPM est. of $0.68 and Bloomberg consensus of $0.69) we have adjusted our model to...

JP Morgan has raised the price target on Cardinal Health (NYSE: CAH) from $44 to $48 and maintains its Overweight rating.

Amerisourcebergen (NYSE: ABC) is seeking a M&A in the $200M-$300M range.

Cardinal Health (NYSE: CAH) Reports EPS of $0.75 vs. $0.69 Estimate; Revenues $26.1B vs. $25.78B Estimate

AmerisourceBergen Corporation (NYSE: ABC) Reports EPS of $0.77 vs. $0.69 Estimate; Revenues $19.76B vs. $19.95B Estimate