CareFusion director buys 6,500 shares


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Bobby Raines 02/10/2014

Philip Francis, a director at CareFusion Corp. ( CFN ) , bought 6,500 shares of the company's common stock on Feb. 5. At 438.61 per share, Francis paid a total of $250,965 for the new shares.

IK-> The technicals for CFN ($40.02 up $0.46) are bullish with a neutral trend. Recent support has been around $38.52 and recent resistance has been around $41.71. Standard & Poor's has a four STARs (out of five) rating on the stock. Look at the June 30/34 bull-put spread for a 25-cent credit. That's a 6.67% return and the stock has to fall 15.0% to cause a problem.  [InvestorsKeyhole, Various news and data services]

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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