Stock Price Updates, Latest Financial Results, and Pending Acquisitions - Research Report on McKesson, Cardinal Health, Rite Aid, Patterson Companies, and Henry Schein
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NEW YORK, November 27, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting McKesson Corporation (NYSE: MCK), Cardinal Health, Inc. (NYSE: CAH), Rite Aid Corp. (NYSE: RAD), Patterson Companies Inc. (NASDAQ: PDCO) and Henry Schein, Inc. (NASDAQ: HSIC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
McKesson Corporation Research Report
On November 22, 2013, McKesson Corporation's (McKesson) stock increased 1.68%, ending the day at $163.61. Over the previous three trading sessions, shares of McKesson increased 2.76% compared to the Dow Jones Industrial Average which also increased 0.61% during the same period. The Full Research Report on McKesson Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/a057_MCK
Cardinal Health, Inc. Research Report
On November 22, 2013, Cardinal Health, Inc.'s (Cardinal Health) stock decreased 0.50%, ending the day at $65.02. Over the previous three trading sessions, shares of Cardinal Health increased 0.12% compared to the Dow Jones Industrial Average which also increased 0.61% during the same period. The Full Research Report on Cardinal Health, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/ee30_CAH
Rite Aid Corp. Research Report
On November 22, 2013, Rite Aid Corp.'s (Rite Aid) stock increased 2.27%, ending the day at $5.40. Over the previous three trading sessions, shares of Rite Aid increased 6.51% compared with the Dow Jones Industrial Average which also increased 0.61%. The Full Research Report on Rite Aid Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/f64e_RAD
Patterson Companies Inc. Research Report
On November 21, 2013, Patterson Companies Inc. (Patterson Companies) reported its Q2 FY 2014 financial results (period ended October 26, 2013). The Company reported consolidated sales of $998.8 million, up 15.2% YoY. During the quarter, net income was $48.7 million, or $0.48 per diluted share (excluding costs regarding the Medical unit restructuring), up from net income of $45.5 million, or $0.44 per diluted share, in Q2 FY 2013. The Company informed that its Q2 FY 2014 results included $117.7 million of consolidated sales and an EPS contribution of $0.01 per diluted share from the acquisition of NVS that closed on August 16, 2013. Scott P. Anderson, Patterson Companies Chairman and CEO, commented, "Patterson Dental is well known for providing customers with industry-leading technology wrapped by a suite of value-added services. This approach helped generate improved second quarter results in our dental business. We expect year-over-year sales growth for our dental business in the second half of the year, which is when the majority of our equipment sales tend to occur." The Full Research Report on Patterson Companies Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/1908_PDCO
Henry Schein, Inc. Research Report
On November 14, 2013, Henry Schein, Inc. (Henry Schein) announced that it has entered into a definitive agreement to acquire an 80% ownership position in privately-held Medivet S.A., a leading distributor of animal health products and services in Poland. Henry Schein predicts that the transaction will be dilutive to its earnings per share by an estimated $0.01 in its initial year and accretive by $0.01-$0.02 in the following year. Subject to approval by Poland's competition and tax authorities, the transaction is slated to close in Q1 2014. Stanley M. Bergman, Chairman of the Board and CEO of Henry Schein, commented, "We are delighted to enter the Polish animal health market in a position of leadership and look forward to welcoming Medivet's highly regarded founder, Piotr Trojanek, and his colleagues to Henry Schein. With this expanded geographic reach, we anticipate providing additional value to our supplier partners while ensuring Medivet's customers have access to the widest array of supplies and value-added products for operating efficient and profitable businesses while delivering high-quality care." Piotr Trojanek, Chairman of Medivet's Supervisory Board, added, "Henry Schein's superior track record for serving animal health practitioners has been demonstrated across Europe, North America and Australasia. Henry Schein has a clear commitment to set the standard for excellence in meeting the practice needs of veterinarians, and we look forward to drawing on these impressive global resources to build on the firm foundation that Medivet has built here in Poland." The Full Research Report on Henry Schein, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/7f38_HSIC
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