On Wednesday, in the course of current trade, Shares of Cardinal Health Inc (NYSE:CAH), climbed 1.26%, and is now trading at $ 88.78.
Cardinal Health, declared that its March 1, 2015 binding offer to acquire Johnson & Johnson’s Cordis business for $1.944 billion in cash was formally accepted. The offer was accepted after consultations with relevant works councils and trade unions. The transaction is predictable to close in the United States and key non-U.S. countries towards the end of 2015, subject to regulatory clearances and other customary closing conditions.
Headquartered in Fremont, Calif. , Cordis had annual sales in calendar year 2014 of about $780 million , split almost evenly between cardiology and endovascular products. Cordis is a global company with a growing portfolio of products and talented people serving healthcare systems throughout the world. While the U.S. is the largest single market, 70 percent of total sales come from outside the U.S. Cordis’ international presence comprises operations in more than 50 countries, counting China , Japan , Germany , Italy , France , the United Kingdom , and Brazil.
Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical.
During an Afternoon trade, Shares of Uranium Energy Corp. (NYSEMKT:UEC), climbed 4.49%, and is now trading at $ 2.79.
Uranium Energy Corp, declared that it has received $3.08 million in cash proceeds from the sale of uranium from inventory. This sale was accomplished subsequent to the Company’s fiscal third quarter ended April 30, 2015 , and will be stated in the Company’s year-end results for the fiscal year ending July 31, 2015 . The sale price of $38.50 /lb. is 8.5% higher than the current spot price.
Uranium Energy Corp. engages in the exploration, extraction, and processing of uranium concentrates on projects located in the United States and the Republic of Paraguay. As of July 31, 2014, it had mineral rights in uranium projects located in the states of Arizona, Colorado, New Mexico, Texas, and Wyoming, in addition to in the Republic of Paraguay.
Shares of Allstate Corp (NYSE:ALL), during its Wednesday’s current trading session raised 1.88%, and is now trading at $ 66.93.
When hailstorms strike, the dents and dings and damage left behind on a vehicle can be devastating to its owner. Allstate Insurance customers in the Denver area, which just practiced a hailstorm, will get to see Allstate’s newest catastrophe response tool in action.
Allstate’s National Catastrophe Team is deploying a Mobile Assessment Center (MAC), a giant, hail inspection center on wheels, filled with high-tech cameras that scan the vehicle, identify hail damage, and use software to calculate the dent count and severity of hail damage with raised speed and accuracy.
The Allstate Corporation, through its auxiliaries, engages in the property-liability insurance and life insurance businesses in the United States and Canada. The company’s Allstate Protection segment sells private passenger auto and homeowners insurance products under the Allstate, Encompass, Esurance brand names.
Finally, Coach Inc (NYSE:COH), gained 0.23% Wednesday, hitting its highest level.
Coach, declared that its Board of Directors has declared a quarterly cash dividend of $0.3375 per common share. The dividend is payable on June 29, 2015 to shareholders of record as of the close of business on June 5, 2015.
Coach, established in New York City in 1941, is a leading design house of modern luxury accessories and lifestyle collections with a rich heritage of pairing exceptional leathers and materials with innovative design. Coach is sold worldwide through Coach stores, select department stores and specialty stores, and through Coach’s website at www.coach.com. Coach’s common stock is traded on the New York Stock Exchange under the symbol COH and Coach’s Hong Kong Depositary Receipts are traded on The Stock Exchange of Hong Kong Limited under the symbol 6388.
Coach, Inc. provides luxury accessories and lifestyle collections for women and men in the United States and internationally. It offers handbags, money pieces, wristlets, rings, charms, and cosmetic cases for women; and business cases, computer bags, messenger-style bags, totes, wallets, card cases, and belts, in addition to time administration and electronic accessories for men.
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