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Cardinal Health Receives Regulatory Clearance for Acquisition of Kinray
Friday, December 17, 2010 - 9:11am | 50Cardinal Health (NYSE: CAH) today announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for its proposed acquisition of Kinray, Inc. Cardinal Health now anticipates closing the Kinray...
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AmerisourceBergen Sees 2011 EPS Growth 7%-12% (ABC)
Thursday, December 16, 2010 - 8:01am | 15AmerisourceBergen (NYSE: ABC) Sees 2011 Revenue Growth 2%-4%.
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Market is Complacent 12-15-2010
Wednesday, December 15, 2010 - 7:14pm | 892Cusick's Corner All eyes are going to be on the EU for the next couple of days as foreign ministers meet to discuss debt issues, specifically how they are going to continue to support it. The Euro, FXE, pulled back in front of this meeting, which has given way to support in the Dollar, UUP....
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AmerisourceBergen Unusual Options Activity (ABC)
Wednesday, December 15, 2010 - 12:02pm | 45An unusual amount of December 18th $32 and $33 calls in AmerisourceBergen (NYSE: ABC) were bought today. Currently those calls have traded a combined total of 6,427 contracts. AmerisourceBergen is currently trading 0.5% higher than yesterday's close at $32.09 at last check.
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Calls Purchased on AmerisourceBergen (ABC)
Wednesday, December 15, 2010 - 11:40am | 159Shares of AmerisourceBergen (NYSE: ABC) are higher on the session by 0.41%, currently trading at $32.07. The stock has been moving largely sideways over the past four months following a test and hold of the 200-day moving average. ABC is currently trading above the 50-day and 200-day moving...
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Top Performing Industries For December 14 (EMS, CRH, HSIC, HELE)
Tuesday, December 14, 2010 - 11:34am | 195At 11:30 am, the Dow gained 0.51% to 11,487.10, the broader Standard & Poor's 500 index moved up 0.32% to 1,244.44 and the NASDAQ composite index rose 0.34% to 2,633.91. The industries that are driving the market today are: Medical Practitioners: This industry jumped 12.12% by 11:30 am. The top...
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Company News For Dec 14, 2010 - Corporate Summary
Tuesday, December 14, 2010 - 9:33am | 814• Pfizer (NYSE:PFE) announced a quarterly dividend increase of 11% to $0.20 • Sanderson Farms (NASDAQ:SAFM) reported fiscal fourth quarter earnings of $2.08, beating Zacks Consensus Estimate of $1.69, on revenues of $529.1 million, which was ahead of Zacks Consensus Estimate of $524.0 million • ...
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Company News For Dec 14, 2010 - Corporate Summary
Tuesday, December 14, 2010 - 9:06am | 814• Pfizer (NYSE:PFE) announced a quarterly dividend increase of 11% to $0.20 • Sanderson Farms (NASDAQ:SAFM) reported fiscal fourth quarter earnings of $2.08, beating Zacks Consensus Estimate of $1.69, on revenues of $529.1 million, which was ahead of Zacks Consensus Estimate of $524.0 million • ...
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DENTSPLY Ties Up with Korean Firm - Analyst Blog
Friday, December 10, 2010 - 1:30pm | 523Leading dental products maker DENTSPLY International (XRAY) has collaborated with South-Korean dental implant devices maker DIO Corporation. The companies will focus on dental implant production across Asia and Europe leveraging their top-notch manufacturing capabilities. Busan-based DIO...
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DENTSPLY Ties Up with Korean Firm - Analyst Blog
Friday, December 10, 2010 - 12:47pm | 523Leading dental products maker DENTSPLY International (XRAY) has collaborated with South-Korean dental implant devices maker DIO Corporation. The companies will focus on dental implant production across Asia and Europe leveraging their top-notch manufacturing capabilities. Busan-based DIO...
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Options Brief: AmerisourceBergen (ABC)
Wednesday, December 8, 2010 - 10:31am | 86Shares of AmerisourceBergen (NYSE: ABC) are lower on the session by 1.61%, trading at $31.76. Overall put volume is now running at 2.19x the daily average, with 2% of all puts traded being purchases on the offer. 1,334 contracts have traded on the session so far. AmerisourceBergen Corporation is a...
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Patterson Companies Declares Dividend of $.10
Wednesday, December 8, 2010 - 10:16am | 42On December 7, 2010, the Board of Directors of Patterson Companies, Inc. (Nasdaq: PDCO) declared a quarterly cash dividend of $0.10 per diluted share, payable January 28, 2011 to shareholders of record at the close of business on January 11, 2011.
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J.P. Morgan Reiterates Overweight on Cardinal Health (CAH)
Wednesday, December 8, 2010 - 9:02am | 103J.P. Morgan released its report on Cardinal Health (NYSE: CAH) following CAH's investment day. In a note to clients, J.P. Morgan writes, "Yong Yu and Kinray acquisitions increase EPS growth trajectory. Management expects the Yong Yu acquisition to open opportunities beyond pharmaceuticals, such as...
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Citi Reiterates Hold on Cardinal Health
Wednesday, December 8, 2010 - 8:00am | 93Citi reiterates its Hold rating on Cardinal Health (NYSE: CAH) following CAH's investor day. In a note to clients, Citi writes, "Management expects FY2010-FY2015 non-GAAP EPS growth >10%, with LT total shareholder returns >11% (incl. dividends). FY11 non GAAP guidance of $2.38-$2.48...
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McKesson Appoints Brian S. Tyler as President of U.S. Pharmaceutical Distribution Business
Wednesday, December 8, 2010 - 7:32am | 60McKesson Corporation (NYSE: MCK) today announced that Brian S. Tyler, Ph.D., has been appointed president, McKesson U.S. Pharmaceutical, effective January 1, 2011. Currently the president of McKesson Medical-Surgical, a $2.4 billion operating unit of McKesson Corp., Tyler will succeed John...