Health Care Distributors

Bear market ETFs traded mostly higher today, as U.S. equity market continues to struggle. The NASDAQ-100 Index fell 1.22%, and ProShares Trust UltraPro Short QQQ ETF (NYSE: SQQQ) jumped 3.46%. Among the NASDAQ-100 components Patterson Companies, Inc. (NASDAQ: PDCO) had the biggest loss with a...

Shares of Patterson Companies Inc. (Nasdaq: PDCO) are currently down 4.35% at $25.50 per share during Thursday afternoon trading. Today's trading range for shares of Patterson Companies Inc has been between $24.88 and $26.82 per share. The consensus price target of analysts covering the company's...

• Apple (NASDAQ: AAPL) shares gained 1.2% on reports that the company is expected to introduce iPods with cameras and/or TV capability • Google (NASDAQ: GOOG) announced that it will add phone calling feature to its Gmail email service, offering competition to Skype • Goldman Sachs (NYSE: GS)...

Shares of Patterson Companies Inc. (NASDAQ: PDCO) are lower on the session by 0.89%, currently trading at $26.63. The stock has been moving largely lower over the past four months, off from recent highs near $33.00. The stock is now trading below the 50-day moving average. Options traders are...

Yesterday's short of Henry Schein (HSIC) did not last long... my 1.5% threshold was hit and just like that we are out on a stop loss. As for the market.... zzzz.  We have support at the 50 day simple moving average (S&P 1088) and resistance at "the big round number" (S&P 1100). No...

For Immediate Release Chicago, IL – August 18, 2010 – Zacks.com Analyst Blog features: Cardinal Health (CAH), Cumberland Pharmaceuticals (CPIX), McKesson Corporation (MCK), AmerisourceBergen Corporation (ABC) and Advance Auto Parts Inc. (AAP ). Here are highlights from Tuesday’s Analyst Blog:...

Cardinal Health (CAH), one of the largest distributors of pharmaceuticals and medical supplies, has reportedly inked a distribution agreement with Nashville, Tennessee-based Cumberland Pharmaceuticals (CPIX), a specialty pharmaceutical firm focused on the acute-care hospital and gastroenterology...

In trying to adapt to the new world order where HFT + EFT = GLEE (high frequency trading + dominance of EFTs = happiness for us all*) I want to try to avoid the bipolar action when I can.  Especially on the short side since my shorts are far more technically oriented, whereas my longs are...

Cell Therapeutics Inc. (CTIC) received a boost when the European Medicines Agency (EMEA) validated the expanded Pediatric Investigation Plan (PIP) filed by the company in July this year for its lead candidate pixantrone. The candidate is being developed for the treatment of relapsed or refractory,...

In a Form 4 filed earlier today, Pharmerica Corp (NYSE: PMC) Chief Executive Officer, Gregory S. Weishar, reported that he purchased 81,000 shares of PMC on August 13th for an average price of $7.68. The transaction totaled $622,193. Mr. Weishar owns 396,294 direct shares and 4,000 indirect shares...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: American Dairy Inc (ADY) Apollo Commercial Real Estate Finance Inc (ARI) Blackboard Inc (BBBB) Landry's Restaurants Inc (LNY) PharMerica Corp (PMC) View the entire Zacks #5 Rank List.    AMER DAIRY INC (ADY): Free...

Should the market close below 1080, I'll be closing out my long positions taking whatever profits/losses I have in those that are still open. One position that I will keep is TICC. Here are three charts of stocks that I am looking to short. I've put my comments and mark-ups on each. Patterson...

Cardinal Health (CAH), one of the largest distributors of pharmaceuticals and medical supplies, recently reported earnings for fourth-quarter of fiscal year 2010, which beat the Zacks Consensus Estimate by a penny.   Revenues grew by a mere 0.5% year over year to $22.3 billion. Pharmaceutical...

We maintain our Neutral recommendation for Cardinal Health (CAH), one of the largest distributors of pharmaceuticals and medical supplies. Earnings for fourth-quarter fiscal 2010 beat the Zacks Consensus Estimate by a penny. However, profit dipped year-over-year, impacted by the spin-off of the...

Anadarko Petroleum Corporation (NYSE: APC) was downgraded by FBR Capital from “outperform” to “market perform.” APC’s shares closed at $55.68 on Friday. Anadarko Petroleum’s earnings may fall by 104.15% this year. KeyBanc Capital Markets downgraded Willbros Group Inc (NYSE: WG) from “buy” to “hold...