Owens & Minor Inc
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Health Care : Health Care Providers & Services | Small Cap ValueCompany profile

Owens & Minor, Inc. is a healthcare services company that connects the world of medical products to the point of care. The Company provides supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products, supplies and devices. The Company operates through three segments, which includes Domestic, International and Proprietary Products. The Company’s domestic segment focuses on United States distribution, logistics and value-added services business. The Company’s International segment focuses on European distribution, logistics and value-added services business. The Company’s proprietary products segment provides product-related solutions, including surgical and procedural kitting and sourcing. The Company provides its services to hospitals, integrated healthcare systems, group purchasing organizations, and the United State federal Government, manufacturers of life-science and medical devices, supplies and pharmaceuticals.

Closing Price
Day's Change
-1.39 (-17.51%)
B/A Size
Day's High
Day's Low
(Heavy Day)

10-day average volume:

AMD, Nvidia stocks rise after Mizuho says GPU prices are rebounding

8:30 am ET November 28, 2018 (MarketWatch)

Shares of Advanced Micro Devices Inc. (AMD) and Nvidia Corp. (NVDA) are up 2.9% and 2.3%, respectively, in premarket trading Wednesday, after Mizuho analyst Vijay Rakesh wrote of a rebound in GPU prices. "We believe, with GPU pricing starting to turn up 10% to 15% from the September lows and for the first time in eight months, it should be positive for Nvidia and AMD, pointing to a faster normalizing of channel inventories and demand elasticity," he said. "We believe the upside pricing inflection should be a preliminary positive read on channel inventories and demand." Nvidia shares have come under pressure recently after management warned of a "crypto hangover" (http://www.marketwatch.com/story/crypto-hangover-has-nvidia-staggering-into-holidays-with-a-big-headache-2018-11-15) in conjunction with the company's latest earnings report. Shares of Nvidia have dropped 44% over the past three months, while shares of AMD are off 16%. The S&P 500 has lost 7.4% over a three-month period.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

November 28, 2018 08:30 ET (13:30 GMT)

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