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(CAH) Cardinal Health Completes Takeover

Leading distributor of pharmaceuticals and medical supplies Cardinal Health (CAH) recently revealed that it has accomplished the takeover of AssuraMed, a privately held provider of medical supplies for patients in the residential setting,...

4Apr2013 | | Comments Off | Continued

(MCK) McKesson Acquires PSS World Medical

McKesson Corporation (MCK) recently announced that it has completed its previously announced acquisition of PSS World Medical, Inc. McKesson paid $2.1 billion for the acquisition including PSS World Medical’s debt of...

6Mar2013 | | Comments Off | Continued

(CAH) Reiterate Cardinal Health at Neutral

On Feb 11, 2013 we retained Cardinal Health (CAH) at Neutral after the company beat Zacks Consensus Estimates for revenues and earnings in second quarter fiscal 2013. The results came despite a drop in revenue following the end of...

27Feb2013 | | Comments Off | Continued

(CAH) Cardinal Health Set to Beat the Street

We expect Cardinal Health (CAH) to beat expectations when it reports fiscal second quarter 2013 results on Feb 5. Why a Likely Positive Surprise? Our proven model shows that Cardinal Health is...

17Feb2013 | | Comments Off | Continued

(ABC) AmerisourceBergen Posts Modest Second Quarter Results

AmerisourceBergen Corporation (ABC) posted second quarter fiscal 2012 earnings of 81 cents per share, in line with the Zacks Consensus Estimate. However, earnings increased 5.2% from the year-ago period, spurred by higher revenues...

30Apr2012 | | Comments Off | Continued

(CAH) Cardinal Health Analyst Maintains Outperform on Shares

We reiterate our Outperform rating on Cardinal Health (CAH). Its first-quarter fiscal 2012 (ended September 30) adjusted earnings per share of 73 cents beat the Zacks Consensus Estimate of 72 cents. Earnings from continuing operations...

7Dec2011 | | 0 comments | Continued

(CAH) Cardinal Health Incorporated – Bull of the Day

We recently upgraded our rating on Cardinal Health, Inc. (CAH) to Outperform. Earnings for the fourth quarter narrowly beat the Zacks Consensus Estimate. Cardinal’s size and diversity partly insulate it from economic cycles,...

7Oct2011 | | 0 comments | Continued

(CAH) Cardinal Health Incorporated – Bull of the Day

We upgrade our rating on Cardinal Health, Inc. (CAH) to Outperform. Earnings for the fourth quarter narrowly beat the Zacks Consensus Estimate. Cardinal’s size and diversity partly insulate it from economic cycles. Its generics...

3Oct2011 | | 0 comments | Continued

(ABC) AmerisourceBergen Analyst Reiterates Neutral on Shares

We recently reiterated our Neutral recommendation on AmerisourceBergen Corporation (ABC) with a target price of $40.00. Over the last several years, the company has been benefiting from the growth of the pharmaceutical industry...

26Aug2011 | | 0 comments | Continued

(MCK) McKesson Corporation – Bull of the Day

McKesson Corp.’s (MCK) fourth quarter fiscal 2011 earnings of $1.66 per share outpaced the Zacks Consensus Estimate and the year-ago earnings. Revenues climbed 8% to $28.9 billion. McKesson’s fiscal 2012 guidance was also...

28Jun2011 | | 0 comments | Continued

(MCK) McKesson Corporation – Bull of the Day

McKesson (MCK) reported strong fourth quarter 2011 results with EPS of $1.66, outpacing the Zacks Consensus Estimate and the year-ago earnings. Revenues climbed 8% to $28.9 billion. McKesson’s fiscal 2012 guidance was also above...

20Jun2011 | | 0 comments | Continued

(MCK) McKesson Shines – Provides 2012 View

McKesson Corp.’s (MCK) fourth quarter fiscal 2011 earnings of $1.66 per share (excluding special items) beat the Zacks Consensus Estimate by 6 cents and the year-ago earnings by 40 cents. For fiscal 2011, earnings (excluding special...

4May2011 | | 0 comments | Continued

(CAH) Cardinal Health Third Quarter 2011 Earnings Preview

Cardinal Health (CAH) is slated to report its third-quarter fiscal 2011 (ending March) results on Thursday, April 28. The company expects earnings per share in the range of $2.54 to $2.60 for fiscal 2011. The current Zacks Consensus...

27Apr2011 | | 0 comments | Continued

(ABC) Publishing Industry Outlook – February 2011 – Industry Outlook

The publishing industry had long been grappling with sinking advertising revenue, which was exacerbated by the global economic meltdown. This reflected a longer-term secular decline as more readers get news free online, thereby making the print-advertising model increasingly irrelevant. Circulation...

18Feb2011 | | 0 comments | Continued

(CAH) Cardinal Health Gets Antitrust Clearance

Cardinal Health (CAH) recently announced that antitrust regulators had cleared its $1.3 billion takeover of Kinray, a leading pharma distributor with a presence in the New York metropolitan area. In this regard, the Federal Trade Commission...

20Dec2010 | | 0 comments | Continued

(CAH) Cardinal Health Announces Buy of Kinray

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...

19Dec2010 | | 0 comments | Continued

(ABC) Publishing Industry Outlook – November 2010

The publishing industry has long been grappling with sinking advertising revenue, and the recent global economic meltdown has worsened the situation. This comes in the wake of a longer-term secular decline as more readers choose to get news free online, thereby making the print-advertising model increasingly...

12Nov2010 | | 0 comments | Continued

(ABC) Company News for November 2, 2010 – Corporate Summary

• 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...

2Nov2010 | | 0 comments | Continued

(CAH) Cardinal Health Prepares for Coming Flu Season

Cardinal Health (CAH) is taking necessary steps to maintain the supply of influenza vaccines during the forthcoming 2010-2011 flu season. For the first time, the Advisory Committee on Immunization Practices (ACIP) has been asking everyone...

3Oct2010 | | 0 comments | Continued

(CAH) Cardinal Health Sells Remaining CareFusion Shares

Cardinal Health (CAH), a leading distributor of pharmaceuticals and medical supplies, recently sold off the remaining 30.5 million shares of CareFusion Corporation (CFN)...

19Sep2010 | | 0 comments | Continued

(CAH) Cardinal Health and Cumberland Pharmaceuticals Sign Deal

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),...

22Aug2010 | | 0 comments | Continued

(CAH) Cardinal Health and Cumberland Pharmaceuticals Sign Deal

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),...

18Aug2010 | | 0 comments | Continued

(CAH) Cardinal Health Earnings Scorecard

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...

11Aug2010 | | 0 comments | Continued

(CAH) Cardinal Health Analyst Reaffirms Neutral Rating

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,...

10Aug2010 | | 0 comments | Continued

(CAH) Cardinal Health’s Report Beats Expectations by a Penny

Cardinal Health (CAH) reported fourth-quarter and fiscal 2010 adjusted (excluding one-time expenses) earnings per share of 50 cents and $2.22 respectively, exceeding the Zacks Consensus Estimates of 49 cents and $2.21, respectively,...

6Aug2010 | | 0 comments | Continued

(CAH) Cardinal Health – Increased Dividend by 11%

Cardinal Health (CAH) is in a stable industry with steady revenues and a safe dividend. Growth and Income The company is expected to grow its EPS 10.8% over the next three to five years. The stock also...

6Aug2010 | | 0 comments | Continued

(CAH) Cardinal Health Earnings Preview

Cardinal Health (CAH) is slated to report fourth-quarter and fiscal 2010 (ending June 30, 2010) results on Thursday, August 5, 2010. The company earlier issued earnings per share guidance in the range of $2.15 to...

2Aug2010 | | 0 comments | Continued

(ABC) Publishing Industry Review and Outlook – July 2010 – Industry Outlook

The publishing industry has long been grappling with sinking advertising revenue, and the recent global economic meltdown has worsened the situation. This comes in the wake of a longer-term secular decline as more readers choose to get news free online, thereby making the print-advertising model increasingly...

6Jul2010 | | 0 comments | Continued

(CAH) Cardinal Health Quarterly Earnings Outperform

Cardinal Health, Inc. (CAH) reported third quarter fiscal 2010 earnings per share of 61 cents, outperforming the Zacks Consensus Estimate of 57 cents. However, earnings were lower than the year-ago figure of 66 cents. Sales Total...

30Apr2010 | | 0 comments | Continued

(ABC) AmerisourceBergen Beats Forecasts – Raises Outlook Again

AmerisourceBergen Corp. (ABC) posted second quarter fiscal 2010 earnings of 63 cents per share, beating the Zacks Consensus Estimate by 8 cents. Earnings increased 34% from the year-ago period. Performance was driven by strong revenues,...

22Apr2010 | | 0 comments | Continued