On Wednesday, Shares of Pfizer Inc. (NYSE:PFE), gained 1.16% to $35.76, hitting its highest level.
Hospira, Inc. (HSP), stated results for the second quarter ended June 30, 2015. For the second quarter of 2015, net sales were $1.2 billion, and adjusted diluted earnings per share were $0.85. (Adjusted measures exclude certain specified items as described later in this press release and the attached plans.) On a U.S. Generally Accepted Accounting Principles (GAAP) basis, second-quarter 2015 diluted earnings per share were $0.82.
Hospira and Pfizer Inc. [NYSE: PFE] declared in the first quarter of 2015 that the two companies had reached a merger agreement under which Pfizer will acquire Hospira for $90 a share in cash for a total enterprise value of about $17 billion. During the second quarter, Hospira’s shareholders voted in favor of the proposal to adopt the merger agreement with Pfizer Inc. at a special meeting of stockholders held on May 13, 2015. The merger remains subject to customary closing conditions, counting regulatory approvals in several jurisdictions, and is predictable to close in the second half of 2015.
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
Shares of Huntington Bancshares Incorporated (NASDAQ:HBAN), inclined 0.34% to $11.73, during its last trading session.
Huntington Bancshares Incorporated stated net income for the 2015 second quarter of $196 million, or a $32 million enhance from the year-ago quarter. Earnings per common share for the 2015 second quarter were $0.23, an enhance of $0.04 from the year-ago quarter. Return on average assets was 1.16%, while return on average tangible common equity was 14.4%.
The Board of Directors declared a quarterly cash dividend on the company’s common stock of $0.06 per common share. The dividend is payable October 1, 2015, to shareholders of record on September 17, 2015. During the 2015-second quarter, the company repurchased 8.8 million common shares at an average price of $11.20 per share.
Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services.
Finally, Cerner Corporation (NASDAQ:CERN), ended its last trade with 7.17% surge, and closed at $73.40.
Cerner Corporation was selected by Denver-based Catholic Health Initiatives (CHI) to implement Cerner ITWorks℠ health information technology (IT) solutions and services to provide continuity of care across 47 hospitals and multiple clinical settings.
Cerner will assume operational and administrative responsibilities for CHI’s IT at its facilities, spanning several states that utilize Cerner Millennium(R) electronic health record, which comprises:
- implementations presently underway and in the future
- upgrades, enhancements and optimization
- application and operational administration and support of the system, and clinical service desk support.
Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers in the United States and internationally.
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