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Stock Market & Financial Investment News

News Breaks
February 11, 2013
17:46 EDTOMIOwens & Minor raises dividend 9% to 24c per share from 22c per share
Owens & Minor announced that its board has approved the payment of the Q1 cash dividend in the amount of 24c per share, a 9% increase over the prior quarter's dividend of 22c per share. The cash dividend is payable on March 29, to shareholders of record as of March 15.
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October 27, 2014
17:37 EDTOMIOwens & Minor does not see acquisitions making material impact on Q4
Effective October 1, Owens & Minor completed the acquisition of Medical Action Industries, and immediately launched a comprehensive integration plan. During Q3, Owens & Minor announced plans to acquire privately held ArcRoyal, a surgical kitting company based in Ireland, and expects the transaction will close during Q4. Together, these two transactions provide Owens & Minor with capabilities that are highly complementary to its strategic goals for developing unitized delivery services for the healthcare industry. Due to the timing of these two transactions, Owens & Minor does not expect the acquisitions to make a material contribution to operational results in Q4.
17:36 EDTOMIOwens & Minor reports Q3 adjusted EPS 42c, consensus 47c
Reports Q3 revenue $2.39B, consensus $2.33B.

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