NEW YORK, August 28, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Walgreen Co. (NYSE: WAG), McKesson Corporation (NYSE: MCK), Cardinal Health, Inc. (NYSE: CAH), GNC Holdings Inc. (NYSE: GNC), and Patterson Companies Inc. (NASDAQ: PDCO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Walgreen Co. Research Report
On July 22, 2013, Walgreen Co. (Walgreens) announced that it has recently entered into an agreement to help lower overall medical costs for specialty infusion patients in Idaho, Oregon, Utah and Washington. According to the Company, the site of care optimization program allows patients on specialty infusion medications to visit a Walgreens alternate treatment site or receive care in their home at a lower out-of-pocket cost. Mike Ellis, Walgreens' Vice President of Specialty Pharmacy and Infusion, commented, "Through this agreement with Regence, patients receiving high-cost specialty medications can receive treatment in their home, or in our alternate treatment sites. With our clinicians, expertise and multiple points of care, we are playing an important role in the health care continuum." The Full Research Report on Walgreen Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/WAG]
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McKesson Corporation Research Report
On July 19, 2013, McKesson Corporation (McKesson) announced that HealthTrust has renewed its contract with McKesson Automation, ensuring that its member hospitals and health systems have continued access to a full portfolio of central pharmacy and point-of-care pharmacy automation solutions and services. The Company reported that McKesson will continue to offer HealthTrust member organizations a comprehensive menu of customizable pharmacy automation options that are designed to meet each facility's unique requirements, helping facilities manage their pharmacy operations and inventory more safely and efficiently. The solutions included in the extended agreement are - the new MedCarousel vertical storage and retrieval system; the new MedShelf-Rx inventory management software; NarcStation narcotics control system; PACMED high-speed medication packager; PROmanager-Rx robotic dispensing system for unite-dose, oral solid medications; and the new ROBOT-Rx pharmacy robotic storage and dispensing system. 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.investorsreports.com/report/2013-07-24/MCK]
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Cardinal Health, Inc. Research Report
On August 1, 2013, Cardinal Health, Inc. (Cardinal Health) announced its Q4 FY 2013 and full-year FY 2013 financial results (period ended June 30, 2013). Revenue declined 5% YoY to $25.4 billion in Q4 FY 2013, while dropped 6% YoY to $101.1 billion in FY 2013. Net loss stood at $586 million, or $1.72 per diluted share, in Q4 FY 2013, compared to net earnings of $236 million, or $0.68 per diluted share, in Q4 FY 2012. For full-year FY 2013, net earnings stood at $334 million, or $0.97 per diluted share, compared to $1.1 billion, or $3.06 per diluted share, in FY 2012. Commenting on the results, George Barrett, Chairman and CEO of Cardinal Health, stated, "We exceeded our key financial goals for the year and accelerated the strategic repositioning we began several years ago. We enter fiscal 2014 with the financial strength, scale, customer and product portfolio, and organizational talent to lead in the rapidly evolving health care marketplace. Given our ongoing momentum and reflecting the expiration of the Walgreens contract, we are projecting fiscal 2014 non-GAAP diluted EPS from continuing operations in the range of $3.45 to $3.60, an increase from our initial expectations." 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.investorsreports.com/report/2013-07-24/CAH]
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GNC Holdings Inc. Research Report
On July 22, 2013, GNC Holdings Inc. (GNC) announced that the Company is opening its first stand-alone GNC store in Raffles City in Shanghai, expanding its retail presence in China. According to the Company, this move complements GNC's existing marketing footprint in the world's largest consumer market. GNC further announced its plan to open 25 additional stores in other locations in the country in the next 12 months. GNC's President and CEO, Joseph Fortunato, said, "In only two years, the GNC brand has developed strong acceptance among Chinese consumers. GNC will continue to expand our retail store presence in this dynamic and fast-growing market, and we are excited about finding new opportunities to address the needs of China's many health & wellness consumers with new and innovative products." The Full Research Report on GNC Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/GNC]
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Patterson Companies Inc. Research Report
On July 18, 2013, Patterson Companies Inc. (Patterson) announced that its Patterson Technology Center (PTC) has been awarded LEED certification at the silver level. According to the Company, the LEED rating system, developed by the US Green Building Council (USGBC), is a nationally recognized program acknowledging building strategies that meet the highest standards for designs, construction, maintenance and operation or healthy and environmentally friendly performance. The Company added that the PTC, which was opened in Effingham, III in fall 2011, provides an industry-leading technology support infrastructure to customers served by all three Patterson Companies businesses: Patterson Dental, Patterson Veterinary, and Patterson Medical. As per the Company, the PTC also serves as its central technology and software development, testing and employee training facility. 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.investorsreports.com/report/2013-07-24/PDCO]
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