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.

Originally published on InvestorsObserver.com



This article appears in: Investing , Options


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