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American Medical Alert Corp. Reports Q4 EPS of $0.09
Tuesday, March 29, 2011 - 7:43am | 185American Medical Alert Corp. (NASDAQ: AMAC) today announced operating results for the fourth quarter. Revenues for the quarter ended December 31, 2010, consisting primarily of monthly recurring revenues, increased 12% to $11,138,089 as compared to $9,939,491 for the same period in 2009. Net...
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J.P Morgan Comments On Cardinal Health As It Gives A Look Into Its Distribution Segment
Wednesday, March 23, 2011 - 7:52am | 188Generics are expected to be the biggest driver of profitability for Cardinal Health's (NYSE: CAH) distribution segment for FY2012-15. With the acquisition of Kinray, J.P Morgan projects that the percentage of independent customers served increases to 13% of total revenue, thus increasing the number...
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J.P. Morgan Updates On CAH
Tuesday, March 22, 2011 - 8:23am | 106J.P. Morgan has released an update on Cardinal Health (NYSE: CAH) before its conference call tomorrow. In the report J.P. Morgan writes, "Acute-care distribution is the largest business within the medical segment, and we estimate it represents roughly 75% of segment revenue. Cardinal has 32%...
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J.P. Morgan Takes A Deep Look At Yong Yu For Cardinal Health
Monday, March 21, 2011 - 6:56am | 180In a report published by J.P. Morgan, Cardinal Health (NYSE: CAH) is taking a deeper look at Yong Yu. J.P. Morgan said that this morning, it is launching a series of reports as part of Cardinal Week, which will run through Thursday, with today's focus on Cardinal Health's recent acquisition of...
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Top 4 Stocks In The Drugs Wholesale Industry With The Highest ROE (MHS, ABC, CAH, MCK)
Thursday, March 17, 2011 - 1:30am | 147Below are the top drugs wholesale stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at MedcoHealth Solutions Inc (NYSE: MHS) is 27.52%. MHS' PEG ratio is 0.89. The trailing-twelve-month return on equity at AmerisourceBergen Corporation (...
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Options Brief: McKesson Corporation (MCK)
Wednesday, March 16, 2011 - 10:01am | 75Shares of McKesson Corporation (NYSE: MCK) are lower on the session by 0.61%, trading at $76.42. Overall call volume is now running at 2.47x the daily average, with 26% of all calls traded being purchases on the offer. 2,863 contracts have traded on the session so far. McKesson Corporation...
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News Summary
Wednesday, March 16, 2011 - 9:01am | 174Shares of Patterson Companies Inc (NASDAQ: PDCO) fell about 0.2% after the company announced its plans to lift its quarterly dividend from $0.10 per share to $0.12 per share. The company also plans to repurchase 25 million shares, worth about $786 million. Shares of Covidien PLC (NYSE: COV)...
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Benzinga's Top Upgrades (NBL, GEOY, BBT, CHDX)
Wednesday, March 16, 2011 - 7:31am | 145Noble Energy Inc (NYSE: NBL) was upgraded by UBS from "neutral" to "buy." NBL's shares closed at $90.75 yesterday. Noble Energy's trailing-twelve-month operating margin is 31.16%. Merriman upgraded GeoEye Inc (NASDAQ: GEOY) from "neutral" to "buy.” GEOY's shares closed at $37.09 yesterday. GeoEye'...
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A Peek Into The Market Before The Trading Starts
Wednesday, March 16, 2011 - 6:26am | 380Pre-open moversUS stock futures are lower this morning. Investors kept an eye on the ongoing Japan's nuclear crisis. Futures for the Dow Jones Industrial Average dropped 29 points to 11,760.00 and futures for the S&P 500 index declined 3.90 points to 1,271.40. Nasdaq 100 futures fell 1.75...
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Patterson Companies Increases Dividend to $0.12; Announces New $25M Share Repurchase Plan
Wednesday, March 16, 2011 - 6:04am | 99Patterson Companies, Inc. (Nasdaq: PDCO) today announced that its board of directors has approved an increase in the quarterly cash dividend to $0.12 per share from $0.10 per share. The dividend is payable on April 28, 2011 to shareholders of record at the close of business on April 11, 2011....
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JMP Securities Upgrades CHDX To Outperform
Wednesday, March 16, 2011 - 5:49am | 56Analysts at JMP Securities upgrade Chindex International Inc (NASDAQ: CHDX) from “market perform” to “outperform.” The target price for CHDX is set to $25. CHDX shares lost 2.55% to close at $16.80 yesterday. More Analyst Ratings here
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Chindex International, Inc. Reports Q3 EPS of $0.10 vs. $0.14
Tuesday, March 15, 2011 - 3:03pm | 94Chindex International, Inc. (Nasdaq: CHDX) today announced financial results for the three and nine month period ended December 31, 2010. Revenue in the three months ended December 31, 2010 increased 7.5% to $50.0 million from $46.5 million in the prior year period, and reflects growing inpatient...
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Piper Jaffray Maintains Overweight on Animal Health Int'l (AHII)
Tuesday, March 15, 2011 - 8:14am | 119Piper Jaffray is out with its report today on Animal Health Int'l (NASDAQ: AHII), maintaining Overweight after AHII announced that it will be acquired by Lextron. In a note to clients, Piper Jaffray writes, "AHII announced on Monday morning that the company would merge with privately held Lextron...
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J.P. Morgan Comments on Retirement of AmerisourceBergen CEO
Tuesday, March 15, 2011 - 7:48am | 132In a report published by J.P. Morgan, AmerisourceBergen (NYSE: ABC) CEO David Yost is to retire on July 1. J.P. Morgan said that after the close yesterday, AmerisourceBergen announced that ChiefExecutive Officer R. David Yost, 63, will retire on July 1, 2011. “Mr. Yost will also retire from his...
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Deutsche Bank Reports ABC CEO Transition
Tuesday, March 15, 2011 - 7:31am | 122Deutsche Bank issued a report maintaining Amerisource Bergen's (NYSE: ABC) Hold Rating in response to ABC's announcement that their current CEO will retire in July. The report states, "We view this as an orderly CEO transition, with Collis' experience with ABC positioning him well to step into the...