Health Care Distributors

iRobot Corporation (NASDAQ: IRBT) shares moved up 9.66% to $21.22 at 11:12 am. The volume of IRBT shares traded was 1565% higher than normal. IRBT posted more than two-fold y/y rise in its Q3 profit and lifted its projections for the full year. Shutterfly Inc (NASDAQ: SFLY) shares rose 16.77% to $...

McKesson Corp.'s (MCK) second quarter fiscal 2011 earnings of $1.03 per share (excluding special items) fell short of the Zacks Consensus Estimate by 5 cents and the year-ago earnings by 4 cents. However, on a reported basis (including special items), the company's earnings increased...

Internet service providers gained 11.80% in the first half of today's trading session, as F5 Networks, Inc. (NASDAQ: FFIV) jumped 15.41% higher. Internet Initiative Japan Inc. (ADR) (NASDAQ: IIJI) is also doing well, it added 1.55% so far. Regional - Mid-Atlantic Banks added almost 2%, and in the...

Stocks which have moved higher on significant volume in the after hours trading session include Broadcom (NASDAQ: BRCM), F5 Networks (NASDAQ: FFIV), Equinix (NASDAQ: EQIX), Silicon Image (NASDAQ: SIMG) and McKesson (NYSE: MCK). All of these companies reported earnings after the bell on Tuesday....

Cusick's Corner Earnings were solid and the dip was bought into the After Hours. While the Dollar, UUP, is in oversold levels and the market is now firmly held at resistance, it will be interesting who is going to blink first. Energy, XLE, will be in the spotlight, especially Crude, CLZ10 $82.42,...

McKesson Corporation (NYSE: MCK) today reported that revenues for the second quarter ended September 30, 2010 were $27.5 billion compared to $27.1 billion a year ago. Second-quarter earnings per diluted share was $1.25 compared to $1.11 per diluted share a year ago. Second-quarter earnings...

Cardinal Health (NYSE: CAH) today issued the following statement in response to published market speculation: While it is our longstanding practice not to respond to market rumors and speculation, we are making an exception in this limited situation. Cardinal Health is not in discussions with any...

An interesting article at Zerohedge seems to suggest that Cardinal Health (NYSE: CAH) might be going private in a leverage buyout offer, as evidenced by the surge in its credit default swaps. CAH's CDS has doubled in the past 5 days, going from 60 to 120, which for an investment grade company is...

Owens & Minor, Inc. (NYSE: OMI) reported FY3Q10 EPS of $0.50, versus our/consensus estimates at $0.48/$0.49, Goldman Sachs reports. Revenue grew 1.4% year-over-year in the face of challenging utilization trends, which was relatively in line with Street expectations and 2.5% above Goldman Sachs...

Owens & Minor, Inc., (NYSE: OMI) announced today that its board of directors has appointed John W. Gerdelman to serve on the Owens & Minor board, effective October 21, 2010. Gerdelman, 58, is expected to be nominated as a director for election by the shareholders at the April 2011 Annual...

Owens & Minor (NYSE: OMI) today announced that its board of directors has approved the payment of the fourth quarter 2010 cash dividend in the amount of $0.177 per share. The cash dividend is payable on December 31, 2010, to shareholders of record as of December 15, 2010.

Shares of PSS World Medical, Inc. (NASDAQ: PSSI) are lower on the session by 1.64%, currently trading at $21.54. The stock has been moving largely lower over the past six months, though it recently bounced off of the $18.30 level and has now rallied above the 50-day and 200-day moving averages....

Goldman Sachs is out with a research report this morning, where it reiterates its Neutral rating on Patterson Companies (NASDAQ: PDCO); it has a $30.00 price target on the stock. The GS analysts said that, looking beyond the current downturn, they believe Patterson is well positioned given its...