Cerner Corp. (NASDAQ:CERN): Cerner, and Corniche Hospital in the United Arab Emirates (UAE) have tied up to introduce the positive patient identification, or PPID, program as a means of improving safety and health outcomes of patients by marrying the hospital’s safe medication practices and clinical efficiency with Cerner’s advanced healthcare technology and data management prowess in this first, full closed-loop medication management project.
The shares closed at $85.96, up $3.32 or 4.02 percent on the day. They have traded in a 52-week range of $53.93 to $84.10.
Center Bancorp (NASDAQ:CNBC): The Union Center National Bank has been granted approval by the Office of the Comptroller of the Currency to set up a full-service branch in Englewood, New Jersey, according to an announcement by the bank’s parent company, Center Bancorp. The shares closed at $10.66, down $0.2 or 1.84 percent on the day. They have traded in a 52-week range of $8.40 to $10.98.
Dunkin’ Brands Group (NASDAQ:DNKN): Dunkin’ Brands’ Chief Global Strategy Officer Neil Moses, speaking at Jefferies Global Consumer Conference, said McDonald’s had been aggressive with coffee prices; maintained that the coffee industry was still fragmented in the U.S. and there was enough room for all three in the market; on prices and costs said franchisees were not keen to raise prices, while costs of coffee as a commodity had turned favorable for the company. The shares closed at $35.90, up $1.17 or 3.37 percent on the day. They have traded in a 52-week range of $23.24 to $35.21.
Elster Group Se (NYSE:ELT): Piper Jaffray, commenting on Melrose’s likely acquisition of German smart grid company Elster Group for $20.50 per share, wrote to investors that the valuation at that price is lower than takeout multiples witnessed in other recent buyouts of smart grid companies. The shares closed at $19.41, up $3.01 or 18.35 percent on the day. They have traded in a 52-week range of $11.52 to $17.74.
Henry Schein (NASDAQ:HSIC): The company has tied up with Alma Lasers for an exclusive distribution arrangement of the latter’s innovative ‘Harmony ClearChoice’ laser platform through its Henry Schein Medical Foot and Ankle business. The laser platform, recently cleared by the FDA, temporarily increases clear nail in patients suffering from nail fungus through the use of two separate laser technologies. The shares closed at $79.14, up $1.32 or 1.7 percent on the day. They have traded in a 52-week range of $58.50 to $78.16.
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