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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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October 21, 2014
07:02 EDTHSICHenry Schein to sell Abaxis veterinary products
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October 19, 2014
18:42 EDTHSICHenry Schein invests in Japan's Iwase Dental Supply
Henry Schein announced that it has invested in Iwase Dental Supply, a leading full-service provider of dental consumables, implants and equipment in Japan. The transaction marks Henry Schein's entrance into Japan, the world's 2nd largest dental market, and increases to 28 the number of countries in which the company operates. Iwase Dental Supply's existing shareholders, including the Iwase family, will continue to hold the remaining shares of the company. Henry Schein will not be consolidating Iwase's financial results. Financial and other terms of the transaction were not disclosed. The company expects the transaction to be neutral to its earnings per share in 2015.
October 13, 2014
10:08 EDTHSICOn The Fly: Analyst Upgrade Summary
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07:27 EDTHSICHenry Schein upgraded to Buy from Neutral at ISI Group
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06:18 EDTHSICHenry Schein upgraded to Buy from Neutral at ISI Group
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