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Stock Market & Financial Investment News

News Breaks
December 26, 2012
07:36 EDTMCK, PSSIMcKesson receives early termination of HSR waiting period for PSS World purchase
McKesson Corporation (MCK) announced that it has received notification of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the proposed acquisition of PSS World Medical, Inc. (PSSI). The termination of this waiting period satisfies one of the conditions for McKesson’s proposed acquisition of PSS World Medical. The transaction remains subject to other customary closing conditions, including approval by the shareholders of PSS World Medical. Subject to satisfaction of these other closing conditions, the acquisition is expected to close in the first calendar quarter of 2013.
News For MCK;PSSI From The Last 14 Days
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October 29, 2014
09:19 EDTMCKOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Goodyear Tire (GT), up 10%... Electronic Arts (EA), up 3.7%... ZELTIQ (ZLTQ), up 9%... Eaton (ETN), up 2.3%... Anadarko (APC), up 2%... U.S. Steel (X), up 7.7%... IAC (IACI), up 3.6%. ALSO HIGHER: Fiat Chrysler (FCAU), up 12% after reporting quarterly results, announcing plan to spin off Ferrari... Cara Therapeutics (CARA), up 17.8% after HAL trial of IV formulation of CR845 met primary endpoint... Jamba (JMBA), up 4% after upgraded at Wedbush. DOWN AFTER EARNINGS: Facebook (FB), down 5.7%... Gilead (GILD), down 3.2%... Ralph Lauren (RL), down 2.3%... SodaStream (SODA), down 3%... Garmin (GRMN), down 5%... Applied Micro Circuits (AMCC), down 9.9%... STMicroelectronics (STM), down 10%... Ballard Power (BLDP), down 8.7%... Hershey (HSY), down 3.3%... Deutsche Bank (DB), down 2.3%... McKesson (MCK), down 2%. ALSO LOWER: Sanofi (SNY), down 5.7% after downgraded at various firms including Barclays and BofA/Merrill after the company's board removed Christopher Viehbacher as CEO... InvenSense (INVN), down 22%, downgraded at Pacific Crest, Northland and Piper Jaffray following the company's Q2 earnings results... CareTrust REIT (CTRE), down 3.6% after acquiring Cross Healthcare Seniors housing portfolio... Orbital (ORB), down 16% after Orb-3 launch mishap... American Realty (ARCP), down 22% after announcing resignations of CFO, CAO.
07:24 EDTMCKMcKesson price target raised to $240 from $220 at Leerink
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October 28, 2014
16:31 EDTMCKMcKesson sees FY15 adjusted EPS $10.50-$10.90, consensus $10.81
16:30 EDTMCKMcKesson reports Q2 adjusted EPS $2.79, consensus $2.73
Reports Q2 revenue $44.8B, consensus $42.99B.
October 27, 2014
07:28 EDTMCKMedical Group Management Association to hold a conference
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October 17, 2014
10:00 EDTMCKOn The Fly: Analyst Initiation Summary
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