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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:02 EDTHSICHenry Schein Animal Health enters into agreement to acquire SmartPak
Henry Schein announced that its U.S. Animal Health business, Henry Schein Animal Health, has entered into an agreement to acquire an approximate 60% ownership position in SmartPak, the provider of equine supplements and horse supplies across the United States. SmartPak had sales in 2013 of approximately $105M. Financial terms of the transaction, expected to close in June, were not disclosed. Henry Schein expects the transaction to be neutral to its earnings per share for the second half of 2014 and full-year 2015 and accretive to earnings per share in 2016 by 2c-3c.
News For HSIC From The Last 14 Days
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August 19, 2015
16:08 EDTHSICLeidos awarded $4.3B DoD contract
Leidos (LDOS) was awarded a prime contract by the Department of Defense, or DoD, to provide an off-the-shelf electronic health record solution, integration activities and deployment across the Military Health System. The contract, known as the Defense Healthcare Management System Modernization, or DHMSM, program, is an initiative designed to modernize the military's healthcare system in a meaningful way, enabling patients and clinicians to capture and share health data that can improve the continuity and quality of care for 9.6M active military, their families, and their beneficiaries. As the prime contractor, Leidos established a team of proven innovators and industry leaders to form the Leidos Partnership for Defense Health. Cerner (CERN), Accenture Federal Services (ACN) and Henry Schein (HSIC) form the core team, complemented with a broad range of large and small business teammates, vendors and suppliers who bring proven experience and expertise specific to both the commercial and DoD healthcare markets.

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