On Friday, Omnicare, Inc. (NYSE:OCR)’s shares inclined 0.01% to $97.92.
Omnicare, Inc. (OCR) stated financial results for its second quarter ended June 30, 2015.
Second-Quarter Highlights:
- Net sales enhance of 7.6% to $1.7 billion.
- Adjusted operating income from ongoing operations enhance of 11.4% to $166 million.
- Adjusted cash earnings per diluted share from ongoing operations 12.1% higher to $1.02 (equivalent to $1.04 on an unaffected share price basis); GAAP earnings per diluted share of $0.32.
- Cash flows from ongoing operations of $94 million.
Second-Quarter Results
Financial results from ongoing operations for the quarter ended June 30, 2015, as contrast with the same preceding-year period, were as follows:
- Net sales were $1,733 million as compared to $1,611 million.
- Gross profit was $354 million as contrast with $354 million.
- GAAP earnings per diluted share was $0.32 as compared to $0.58.
- Adjusted cash earnings per diluted share was $1.02 (equivalent to $1.04 on an unaffected share price basis) as compared to $0.91.
- Adjusted EBITDA was $196 million as compared to $176 million.
Contingent cash interest, which Omnicare has determined to be about $0.145 per $50 stated liquidation amount of Trust PIERS for the current interest period, will be payable to holders of the Trust PIERS as of the record date of September 14, 2015. The payment of contingent cash interest is predictable to be made on September 15, 2015. Omnicare, Inc. operates as a healthcare services company that specializes in the administration of pharmaceutical care in the United States. The company’s Long-Term Care Group segment offers pharmaceuticals, and related pharmacy and ancillary services to long-term care facilities; and chronic care facilities and other settings.
Google Inc (NASDAQ:GOOGL)’s shares gained 0.42% to $689.37.
Google Inc (GOOGL)’s life sciences group has created a health-tracking wristband that could be used in clinical trials and drug tests, giving researchers or physicians minute-by-minute data on how patients are faring.
The experimental device, developed within the company’s Google X research division, can measure pulse, heart rhythm and skin temperature, and also environmental information like light exposure and noise levels. It won’t be marketed as a consumer device, said Andy Conrad, head of the life sciences team at Google.
Google offers health-monitoring smartwatch features in its Android Wear software platform for consumers, through partners such as LG Electronics Inc. Apple Inc. and others also have smartwatches and devices with health features. Yet most existing consumer devices aren’t rigorous enough for research, said Conrad.
Google Inc., a technology company, builds products and provides services to organize the information. The company offers Google Search, which provides information online; Google Now that offers information to users when they need it; AdWords, an auction-based advertising program; AdSense, which enables Websites that are part of the Google network to deliver ads; DoubleClick Ad Exchange, a marketplace for the trading display ad space; and other advertising platforms, such as AdExchange and AdMob. It also offers YouTube that offers video, interactive, and other ad formats; Android, an open source mobile software platform; hardware products, counting Chromebook, Chrome OS devices, Chromecast, and Nexus devices; Google Play, a cloud-based digital entertainment store for apps, music, books, and movies; Google Drive, a place for users to create, share, collaborate, and keep their stuff; and Google Wallet, a virtual wallet for in-store contactless payments.
At the end of Friday’s trade, AerCap Holdings N.V. (NYSE:AER)‘s shares surged 0.51% to $47.27.
AerCap Holdings N.V. (AER) will host an investor day on Thursday, September 10, 2015 to review the Group`s strategy and its operations. The event will take place between 8:30am to 12:30pm Eastern Time at the Waldorf Astoria Hotel (Vanderbilt Room), 301 Park Avenue New York, NY 10022. Presentations will start promptly at 9:00am.
AerCap Holdings N.V., an independent aircraft leasing company, engages in the leasing, financing, sale, and administration of commercial aircraft and engines. The company provides aircraft asset administration and corporate services, counting remarketing aircraft; collecting rental and maintenance payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.
NOW Inc (NYSE:DNOW), ended its Friday’s trading session with -1.77% loss, and closed at $17.19.
NOW Inc. (DNOW) declared the closing of its formerly declared acquisition of Odessa Pumps and Equipment, Inc. Odessa Pumps and Equipment is a leading distributor of pumps and equipment for the Oil & Gas and Municipal and Wastewater markets.
NOW Inc. is one of the largest distributors to energy and industrial markets on a worldwide basis, with a legacy of over 150 years. NOW operates primarily under the DistributionNOW and Wilson Export brands. Through its network of over 330 locations and about 5,000 employees worldwide, NOW offers a comprehensive line of products and solutions for the upstream, midstream and downstream energy and industrial sectors. NOW’s locations provide products and solutions to exploration and production companies, energy transportation companies, refineries, chemical companies, utilities, manufacturers and engineering and construction companies.
NOW Inc. distributes energy and industrial products in the United States, Canada, and internationally. It offers consumable maintenance, repair, and operating supplies; and pipes, valves, fittings, flanges, electrical products, artificial lift solutions, mill tools, safety supplies, and spare parts, in addition to provides application systems and parts integration, optimization solutions, and after-sales support services.
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