Ownes & Minor (OMI) Declares $0.2575 Quarterly Dividend; 4.2% Yield
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November 1, 2017 7:05 AM EDT
Ownes & Minor (NYSE: OMI) reported Q3 EPS of $0.40, $0.10 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $2.33 billion versus the consensus estimate of $2.4 billion.
GUIDANCE:
Ownes & Minor sees FY2017 EPS of $1.75-$1.85, versus the consensus of... More
November 1, 2017 7:03 AM EDT
Halyard Health, Inc. (NYSE: HYH) today announced it has entered into a definitive agreement with Owens & Minor, Inc. (NYSE: OMI) to sell its Surgical and Infection Prevention ("S&IP") business for $710 million. S&IP provides healthcare supplies and solutions that target the prevention of healthcare-associated infections.
The divestiture of the S&IP business accelerates Halyard's transformation into a pure-play medical devices business, with market leading positions in its core franchises of pain management and chronic care. As a growth-oriented business with a singular focus... More
