Health Care Distributors

Cardinal Health (NYSE: CAH) today announced the early renewal of its distribution agreement with Walgreens (NYSE: WAG) to supply pharmaceuticals to its national network of retail pharmacies. The new agreement extends into 2013. "Walgreens is a valued partner for Cardinal Health, and we are proud to...

Hanger Orthopedic (HGR) has completed its acquisition of Nevada-based rehabilitation technologies provider Accelerated Care Plus (“ACP”) for $155 million in cash. The company has funded the acquisition (announced in October 2010) using available cash and by refinancing its credit facilities....

Goldman Sachs has published a research report on Owens & Minor, Inc. (NYSE: OMI) after Goldman attended the company's Investor Day in New York. In the report, Goldman writes "While management believes that utilization in 2011 will be generally in-line with 2010 levels, revenue guidance is for 3...

Hanger Orthopedic (HGR) has completed its acquisition of Nevada-based rehabilitation technologies provider Accelerated Care Plus (“ACP”) for $155 million in cash. The company has funded the acquisition (announced in October 2010) using available cash and by refinancing its credit facilities....

Cardinal Health (CAH) has expanded its foothold in the lucrative Chinese pharmaceutical distribution market with the completion of its $470 million acquisition of privately-held Zuellig Pharma China (locally known as “Yong Yu”), the largest pharmaceutical importer in China. The newly acquired...

Cardinal Health (CAH) has expanded its foothold in the lucrative Chinese pharmaceutical distribution market with the completion of its $470 million acquisition of privately-held Zuellig Pharma China (locally known as “Yong Yu”), the largest pharmaceutical importer in China. The newly acquired...

Shares of Wal-Mart Stores Inc (NYSE: WMT) lost about 0.4% after the company agreed to purchase a 51% stake in South Africa's Massmart Holdings Ltd for 16.5 billion rand ($2.32 billion) in cash. Doug McMillon, president and chief executive of Walmart International said, “The more we learn about...

Leading distributor of dental, veterinarian and rehabilitation medical supplies Patterson Companies Inc (PDCO) posted second-quarter fiscal 2011 (ended October 30) earnings per share of 45 cents, in line with the Zacks Consensus Estimate. Second Quarter Highlights Profit rose 8% year over...

Leading distributor of dental, veterinarian and rehabilitation medical supplies Patterson Companies Inc (PDCO) posted second-quarter fiscal 2011 (ended October 30) earnings per share of 45 cents, in line with the Zacks Consensus Estimate. Second Quarter Highlights Profit rose 8% year over...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: AK Steel Holding Corp (AKS) Alere Inc (ALR) Animal Health Intl Inc (AHII) Big Lots Inc (BIG) Greatbatch Inc (GB) View the entire Zacks #5 Rank List. ANIMAL HLTH INT (AHII): Free Stock Analysis Report AK STEEL HLDG (AKS):...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: AK Steel Holding Corp (AKS) Alere Inc (ALR) Animal Health Intl Inc (AHII) Big Lots Inc (BIG) Greatbatch Inc (GB) View the entire Zacks #5 Rank List. ANIMAL HLTH INT (AHII): Free Stock Analysis Report AK STEEL HLDG (AKS):...

Jefferies raises its price target on Patterson Companies (NASDAQ: PDCO)from $31 to $35.

Goldman Sachs has published a research report on Patterson Companies, Inc. (NASDAQ: PDCO) after the company reported 2Q results that were in-line with Goldman and Consensus estimates. In the report, Goldman Sachs writes "While Patterson's 2QFY11 results were relatively in line with our and Street...

Cardinal Health (CAH) recently announced plans to purchase Kinray Inc., a leading pharma distributor with a presence in the New York metropolitan area. The cash deal will enhance Cardinal's capability to cater to retail independent pharmacies in the northeastern U.S. markets. Cardinal expects to...

Cardinal Health (CAH) recently announced plans to purchase Kinray Inc., a leading pharma distributor with a presence in the New York metropolitan area. The cash deal will enhance Cardinal's capability to cater to retail independent pharmacies in the northeastern U.S. markets. Cardinal expects to...