Health Care Distributors

• Pfizer's (NYSE: PFE) reported third quarter earnings of $0.54, $0.03 above Zacks estimates as revenues surged 39.2% to $16.2 billion, slightly below Zacks estimates of $16.62 billion • Archer Daniels Midland (NYSE: ADM) posted fiscal first quarter earnings of $0.54, off Zacks estimates of $0.75,...

Gold futures recovered after slightly falling down, while crude oil remained higher, after the Commerce Department depicted a rise of 0.2% in the US consumer spending in September and a decline of 0.1% in incomes. Crude futures for delivery in December gained 0.9% to $82.17 per barrel, while Gold...

Jefferies & Co. has published a research report on Henry Schein (NASDAQ: HSIC) after the company reported EPS guidance in-line with consensus, but still managed to disappoint investors. In the report, Jefferies writes "Management established 2011 EPS guidance in a range of $3.88-$3.98 (10%-13%...

McKesson Corporation (NYSE: MCK) and US Oncology announced today that the two companies have signed a definitive agreement under which McKesson will purchase all outstanding shares of US Oncology for cash. The total transaction, including the assumption of US Oncology's outstanding debt, is valued...

By Dirk Van Dijk, CFA Zacks Investment Research Earnings season might be more than halfway through, but that does not mean a slowdown in the earnings parade. Next week, a total of 1,128 firms will report, including 100 of the S&P 500 firms. So far this has been a very strong earnings season,...

Earnings Preview 10/29/10 Earnings season might be more than halfway through, but that does not mean a slowdown in the earnings parade. Next week, a total of 1,128 firms will report, including 100 of the S&P 500 firms. So far this has been a very strong earnings season, but there are still...

Movie production and theaters industry dropped 2.45% today as Regal Entertainment Group (NYSE: RGC) slipped 4.46%, and closed at $13.50. Life insurance industry lost 1.76%, and Genworth Financial (NYSE: GNW) was the worst performing stock in the space. GNW dropped 9.94%, and closed at $11.33....

The Board of Directors of McKesson Corporation (NYSE: MCK) at its meeting today declared a regular dividend of eighteen cents per share on the Common Stock, payable on January 3, 2011, to stockholders of record on December 1, 2010.

Patterson Companies, Inc.'s (PDCO) MACD indicator has moved into bearish territory with a reading of -0.0352. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $27.37 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending April 2011 has decreased by a...

  By Phil of Phil's Stock World Is bad news going to be good news? Last quarter, after several adjustments, it has been decided that our GDP grew at a 1.7% rate.  The general consensus is that this quarter we should be up around 2% but the whisper number is a big miss, down to 1.3...

Oppenheimer has published a research report on BMP Sunstone Corporation (NASDAQ: BJGP) after Sanofi-Aventis (NYSE: SNY) announced its acquisition of the company. In the report, Oppenheimer writes "SNY's $520M bid for BMP Sunstone underscores the attractiveness of China's growing OTC market and BJGP...

Barrick Gold Corporation (NYSE: ABX) was upgraded by BMO Capital from “market perform" to" outperform." ABX's shares closed at $47.02 yesterday. Shares of Barrick Gold have moved up 20.29% this year. Robert W Baird upgrade Cardinal Health Inc (NYSE: CAH) from "neutral" to "outperform." CAH's shares...

Henry Schein, Inc. (Nasdaq: HSIC) today reported record financial results for the quarter ended September 25, 2010. Net sales for the third quarter of 2010 were $1.9 billion, an increase of 14.1% compared with the third quarter of 2009. This consists of 16.4% growth in local currencies and a...

Analysts at Robert W Baird upgrade Cardinal Health Inc (NYSE: CAH) from "neutral" to "outperform." The target price for CAH has been raised from $37 to $41. CAH's shares gained 2.75% to close at $34.33 yesterday. More Analyst Ratings here

Cardinal Health (CAH) reported first-quarter fiscal 2011 (ended September 30) adjusted (excluding one-time expenses) earnings per share of 64 cents, exceeding the Zacks Consensus Estimate of 53 cents as well as the year-ago figure of 54 cents. Revenues Total revenue was $24.4 billion in the...