Research Reports Initiation on Services Stocks -- GNC Holdings, Cardinal Health, AmerisourceBergen, and McKesson

Friday, March 17, 2017 Research News
Email Print This Page Comment bookmark
Font : A-A+

NEW YORK, March 17, 2017 /PRNewswire/ --

Today's research on Stock-Callers.com draws investors' attention to GNC

Holdings Inc. (NYSE: GNC), Cardinal Health Inc. (NYSE: CAH), AmerisourceBergen Corp. (NYSE: ABC), and McKesson Corp. (NYSE: MCK). According to a survey conducted by the Institute for Supply Management (ISM), 16 of the 18 Services sectors expanded in
February, the highest number since mid-2014. Additionally, the ISM production index for the service portion of the economy jumped 3.3 points to 63.6%, marking the highest rate since 2011 and the second highest level since 2004. Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

GNC Holdings  

On Thursday, shares in Pittsburgh, Pennsylvania headquartered GNC Holdings Inc. recorded a trading volume of 2.86 million shares, and ended the session 4.16% higher at $7.26. The stock is trading 18.77% below its 50-day moving average. Shares of the Company, which together with its subsidiaries, operates as a specialty retailer of health, wellness, and performance products, have a Relative Strength Index (RSI) of 36.99.

On March 15th, 2017, GNC Holdings announced that it will hold its Annual Meeting of Stockholders at 8:00 a.m. ET on May 23rd, 2017. The Annual Meeting will be held at the Omni William Penn Hotel located at 530 William Penn Place, Pittsburgh, PA, 15219. Stockholders of record as of the close of business on March 24th, 2017, will be entitled to vote by proxy or attend the annual meeting. The free research report on GNC is available at:

http://stock-callers.com/registration/?symbol=GNC

Cardinal Health  

Dublin, Ohio headquartered Cardinal Health Inc.'s stock closed the day 1.16% lower at $82.83, with a total trading volume of 1.92 million shares. The Company's shares have advanced 5.01% in the past month, 13.01% in the previous three months, and 15.09% since the start of this year. The stock is trading 6.29% and 8.33% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Cardinal Health, which operates as a healthcare services and products company worldwide, have an RSI of 61.90.

On March 08th, 2017, Cardinal Health announced that Connecting career potential and Company leadership, Cardinal Health was again recognized among the nation's best workplaces for female advancement as a Top Company for Executive Women by the National Association for Female Executives. Cardinal Health was recognized for its work to help develop female entrepreneurs and executives both inside and outside its organization. The complimentary report on CAH can be downloaded at:

http://stock-callers.com/registration/?symbol=CAH

AmerisourceBergen  

Shares in Chesterbrook, Pennsylvania headquartered AmerisourceBergen Corp. recorded a trading volume of 1.52 million shares. The stock ended yesterday's trading session 1.65% lower at $88.00. The Company's shares have advanced 11.78% in the last three months and 13.00% in the previous one year. The stock is trading above its 50-day and 200-day moving averages by 0.24% and 7.10%, respectively. Furthermore, shares of AmerisourceBergen, which sources and distributes pharmaceutical products in the US and internationally, have an RSI of 42.86.

On January 31st, 2017, AmerisourceBergen reported that in its Q1 FY17, revenue increased 4% to $38.2 billion. On a US GAAP basis, diluted earnings per share (EPS) were $1.11 for the December quarter of FY17, compared to $1.45 in the prior year's same quarter. Adjusted diluted EPS, increased 7.1% to $1.36 in Q1 FY17. Visit us today and download our complete research report on ABC for free at:

http://stock-callers.com/registration/?symbol=ABC

McKesson  

San Francisco, California headquartered McKesson Corp.'s stock finished Thursday's session 0.38% higher at $148.83. A total volume of 2.22 million shares was traded, which was above their three months average volume of 1.88 million shares. The Company's shares have advanced 2.69% in the last one month, 0.77% over the previous three months, and 6.16% since the start of this year. The stock is trading above its 50-day moving average by 2.00%. Additionally, shares of McKesson, which operates as a pharmaceutical distribution services and information technology company in the US and internationally, have an RSI of 51.72.

On March 02nd, 2017, McKesson and Change Healthcare Holdings, Inc. announced the completion of their previously-announced agreement to create a new healthcare information technology Company. The new Company is named Change Healthcare and combines substantially all of CHC's business and the majority of McKesson Technology Solutions (MTS). By uniting the majority of MTS' businesses with CHC, the new Company will inspire a better healthcare system through a broad set of complementary capabilities that will deliver wide-ranging financial, operational and clinical benefits to payers, providers and consumers. From an interconnected and integral position at the center of healthcare, the new Change Healthcare will be a collaborative catalyst for accelerating its customers' and partners' paths to value-based care and better engagement with consumers. Get free access to your technical report on MCK at:

http://stock-callers.com/registration/?symbol=MCK

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: [email protected] Phone number:  +44-330-808-3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA



Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Advertisement
Find a Doctor
Advertisement

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store

Facebook