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Earnings Releases, Investment Plans, Commencement of Clinical Trials, and FDA Applications Brighten Outlook - Research Report on Bard, Centene, Exact Sciences, Ironwood, and Merrimack
Date:7/26/2013

NEW YORK, July 26, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting C. R. Bard, Inc. (NYSE: BCR), Centene Corp. (NYSE: CNC), Exact Sciences Corporation (NASDAQ: EXAS), Ironwood Pharmaceuticals, Inc. (NASDAQ: IRWD), and Merrimack Pharmaceuticals Inc. (NASDAQ: MACK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

C. R. Bard, Inc. Research Report

On July 23, 2013, C. R. Bard, Inc. (Bard) reported its Q2 2013 financial results with net sales up 2.3% YoY to $759.9 million on a reported basis. Net sales in the US increased 2% YoY to $497.6 million. On the other hand, outside the US, net sales were up 4% YoY to $262.3 million on a reported and constant currency basis. Net loss was $161.6 million or $2.03 per diluted share, compared to net income of $133.9 million or $1.54 per diluted share in Q2 2012. According to Bard, Q2 2013 results include charges of $292.4 million pre-tax, which relates to estimated costs for product liability matters, net of recoveries, and other litigation matters. Timothy M. Ring, Chairman and CEO, said, "We continue to focus on the execution of our investment plan, which we believe will shift the mix of our portfolio to faster growing products and geographies and contribute to long-term sustainable leadership positions in our markets." The Full Research Report on C. R. Bard, Inc. - including full detailed breakdown, ana
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