NEW YORK, April 22, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Walgreen Co. ( NYSE: WAG), CVS Caremark Corporation ( NYSE: CVS), Rite Aid Corp. ( NYSE: RAD), Cardinal Health, Inc. ( NYSE: CAH), and Chindex International Inc. (NASDAQ: CHDX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Walgreen Co. Analyst Notes
On April 9, 2014, Walgreen Co. (Walgreens) announced that its board has declared a regular quarterly dividend of $31.5 per share, a 14% increase since last year's dividend. According to the Company, the dividend is payable on June 12, 2014 to shareholders of record as of May 21, 2014. The full analyst notes on Walgreen Co. are available to download free of charge at:
CVS Caremark Corporation Analyst Notes
On April 10, 2014, CVS Caremark Corporation's (CVS Caremark) Insights report cited a 3.8% increase in prescription drug spending in 2013, compared with 0.1% growth in 2012. The Company stated that in traditional medications, the trend is a far cry compared with the prescription drug, having only registered 0.8% growth in 2013, a slight increase from the 3.8% decline in 2012. According to the Company, this resulted from the increased demand for specialty drugs treating complex diseases, which grew by 15.6% in 2013. Jon Roberts, President, CVS Caremark's Pharmacy Benefit Management Business, said, "This year's Insights report outlines seven sure things that our clients should keep in mind. These include: prescription trend is up, generics have peaked, specialty drives trend, price is king, money matters to members, adherence is the answer and past performance is no guarantee of future results." The full analyst notes on CVS Caremark Corporation are available to download free of charge at:
Rite Aid Corp. Analyst Notes
On April 10, 2014, Rite Aid Corp. (Rite Aid) reported its Q4 FY 2014 and full-year FY 2014 financial results (period ended March 1, 2014). Q4 2014 revenues increased to $6.6 billion, up 2.2% YoY, and annual revenues slightly increased to $25.5 billion, up 0.5% YoY. However, quarterly net income decreased to $55.4 million, or diluted EPS of $0.06, compared with $123.1 million, or diluted EPS of $0.13, in Q4 FY 2013. Meanwhile, annual net income increased $249.4 million, or diluted EPS of $0.23, compared with $118.1 million, or diluted EPS of $0.12, in full year 2013. John Standley, Ride Aid Chairman and CEO, noted that its recent acquisition of Health Dialog and RediClinic strategically positioned the Company in pursuing opportunities to becoming a growing retail healthcare company. "These accomplishments reflect the significant progress we're making in executing key initiatives and delivering on our promise to actively work with our customers to keep them well," Standley added. The full analyst notes on Rite Aid Corp. are available to download free of charge at:
Cardinal Health, Inc. Analyst Notes
On April 10, 2014, Cardinal Health, Inc. (Cardinal Health) announced that it will release its Q3 FY 2014 financial results on May 1, 2014, before the opening of trading on the New York Stock Exchange. The Company informed that it will also broadcast the results via webcast and conference call that same day at 8:30 a.m. ET. Presentation slides will be archived on the Company's website, as well as the audio replay, which will only be available for seven days after the presentation. The full analyst notes on Cardinal Health, Inc. are available to download free of charge at:
Chindex International Inc. Analyst Notes
On April 14, 2014, Chindex International Inc. (Chindex) announced its receipt of offer from a financial bidder to acquire all of the Company's outstanding common stock shares for $23 per share in cash. The Company's committee of independent directors advised the bidder to submit a superior proposal. In addition, the definitive terms and conditions for the merger agreement is subjected by execution of the Company, and is not subject to any financing condition that any existing stockholders of the Company participate in the merger by rolling over equity, or entering into a voting agreement. The full analyst notes on Chindex International Inc. are available to download free of charge at:
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