Global AmerisourceBergen

Picnic brings families together

2010-09-06T04:42:00.000-07:00

Sitting on a blanket and watching his 3-year-old grandson Brian Paladin munch Gummy Bears, Ed Scheiber said he and his family would spend most of Sunday at Central Park in Oak Forest.
"Our whole family comes every year," he said. "We bring the kids and the grandkids."
His wife plays bingo and the little ones enjoy the games, said Scheiber, of Alsip.
"There are six grandkids now," he said.
Granddaughter Gracie Paladin, 5, joined her brother and grandfather on the blanket.
Petting the animals at the petting zoo was her favorite part, Gracie said.
"Brian's favorite part is eating Gummy Bears," Scheiber said with a chuckle.
Brian told a visitor, "Gracie's going to kindergarten. Now."
He added that green is his favorite color Gummy bear and he goes to the "Tiger school."
Their mom, Mary Paladin, of Oak Forest, said that Brian attends preschool at Oak Forest High School, which has a Bengal for a mascot, so he calls it the Tiger school.

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source : http://www.southtownstar.com/news/2677906,090610oldtimespicnic.article

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2010-08-27T03:11:00.001-07:00

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Relatively Good Performance Detected in Shares of Owens & Minor in the Health Care Distributors Industry (OMI, HSIC, ABC, MCK, PDCO)

2010-08-07T02:50:00.000-07:00

Below are the top five companies in the Health Care Distributors industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.
Owens & Minor (NYSE:OMI) ranks first with a gain of 0.47%; Henry Schein (NASDAQ:HSIC) ranks second with a gain of 0.15%; and AmerisourceBergen (NYSE:ABC) ranks third with a loss of 0.07%.
McKesson (NYSE:MCK) follows with a loss of 0.22% and Patterson (NASDAQ:PDCO) rounds out the top five with a loss of 0.29%.
SmarTrend is bearish on shares of HSIC and our subscribers were alerted to Sell on May 06, 2010 at $58.63. The stock has fallen 6.9% since the alert was issued.

Source : http://www.mysmartrend.com/news-briefs/news-watch/relatively-good-performance-detected-shares-owens-minor-health-care-distribut

AmerisourceBergen Net Rises 37%

2010-08-07T02:48:00.000-07:00

AmerisourceBergen Corp.'s fiscal third-quarter profit jumped 37% on better-than-expected revenue growth, largely driven by its generic-pharmaceuticals and specialty-distribution and services operations.

As results beat analysts' estimates, the provider of drugs and consulting services to drug makers and health-care practitioners raised its forecast for the year again. It now expects earnings of $2.16 to $2.20 a share, up from $2.01 to $2.10, and increased its revenue-growth target by one percentage point; AmeriSourceBergen also projected fourth-quarter earnings of 44 cents to 48 cents. Analysts' average estimate was 48 cents, according to Thomson Reuters.

For the latest quarter, President and Chief Executive David Yost said the period benefited from increase in distribution and services at its specialty department, which focuses on drug distribution and related services to physicians.

AmeriSource reported a profit of $163.2 million, or 57 cents a share, up from $118.8 million, or 40 cents a share, a year earlier. The most recent period included a five-cent gain. Revenue increased 7% to $19.6 billion.

Analysts most recently estimated earnings of 49 cents and $19.34 billion in revenue.

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Source : http://online.wsj.com/article/SB10001424052748703977004575392833457746378.html?mod=googlenews_wsj