OMI News

Owens & Minor Reports 1st Quarter Financial Results and confirms earnings guidance for the year.

Q1 2020 Owens & Minor Inc Earnings Call

Owens & Minor (OMI) closed at $6.76 in the latest trading session, marking a -0.29% move from the prior day.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Owens & Minor, Inc. New York, April 02, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Owens & Minor, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

Owens & Minor (OMI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

In his second "Executive Decision" segment of Mad Money Friday evening, host Jim Cramer spoke with Ed Pesicka, CEO of the medical supply maker Owens & Minor Inc. , for an update on the state of the medical supply chain. Owens & Minor began ramping their production in January and Pesicka said they are now operating every one of their factories 24/7 making masks, gloves and gowns as fast as possible. In the daily bar chart of OMI, below, we can see a bearish picture.

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI) plans to release financial results for the first quarter of 2020 on Wednesday, May 6, 2020, before trading begins on the New York Stock Exchange.

Spiez Lab, a government-run institute in the Swiss mountains, was set up to protect the nation from nuclear, biological and chemical threats. It is now fighting another global menace - the coronavirus - by providing face masks, the demand for which is growing faster than the disease they're meant to fend off. Hospitals treating COVID-19, the pandemic caused by the virus, can need up to nine times the protective equipment they do when dealing with normal flu, according to the American Hospital Association.

Owens & Minor (OMI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Investors need to pay close attention to Owens & Minor (OMI) stock based on the movements in the options market lately.

While health officials continue to stress the importance of testing as the key to controlling the coronavirus pandemic, President Donald Trump on Thursday suggested testing is “overrated.”

The U.S. death toll from the coronavirus that causes COVID-19 rose above 87,000 on Saturday, as new outbreaks were reported from states where stay-at-home orders are set to expire and in states that never imposed them, raising concerns that the reopening of economies will spur new infections.

The Covid-19 pandemic has resulted in increased use of gloves and masks, giving the Personal Protective Equipment (PPE) industry a strong boost Continue reading...

Owens & Minor (OMI) closed the most recent trading day at $5.83, moving -1.35% from the previous trading session.

Companies In The News Are: SPCB, OMI, CVU, REGN

The Pentagon will request billions of dollars in the next version of the stimulus package from Congress to assist the defense industry during the economic slump caused by the coronavirus outbreak, the Pentagon's top weapons buyer said on Monday. The pandemic is affecting defense companies in the Pentagon's aviation supply chain, as well as those in the shipbuilding industry and small space launch companies, the Pentagon official, Ellen Lord, said.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Owens & Minor Announces Location Change for its 2020 Annual Meeting of Shareholders; Annual Meeting to be webcast in virtual-only format

Without wearing a face mask himself, President Donald Trump toured a mask distribution center in the political swing state of Pennsylvania on Thursday in an effort to highlight his administration's efforts to fight the coronavirus. Trump, a Republican who is running for re-election in November, has resisted wearing a mask in public despite his administration's guidance to Americans to wear them and new White House rules requiring staff to wear them at work. The president toured the Owens & Minor Inc distribution center, which the White House said has sent millions of N95 masks, surgical gowns and gloves to hospitals and surgery centers across the United States.