Health Care
"Taking the longer view, our proven strategy remains unchanged -- generating substantial economies of scale and enhancing our competitive advantages to leverage our growth," Gemunder concluded when announcing the company's latest results on Tuesday.
"The 'Omnicare Full Potential' plan we announced in July is designed specifically to further these goals. "We remain convinced that this plan takes advantage of the strengths of our business model and our scale and will allow us to grow our business and increase the efficiency of operations," Germunder said. By now, however, investors clearly have their doubts. They pushed shares of Omnicare down 11% to a new 52-week low of $37.69 on Tuesday.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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