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

Friday, March 17, 2017 Research News
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NEW YORK, March 17, 2017 /PRNewswire/ --

Today's research on 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:

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:

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:


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:


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:


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