Sector Update: Health Care Stocks Lock In Moderate Advance; Liberator Medical Boost Quarterly Dividend by 8.3%


Shutterstock photo

Top Healthcare Stocks

JNJ +1.03%

PFE -0.31%

ABT +0.43%

MRK -1.13%

AMGN -0.09%

Healthcare stocks turned higher this afternoon with the NYSE Healthcare Sector Index rising about 0.4% and shares of healthcare companies in the S&P 500 rising about 0.1% as a group.

In company news, Liberator Medical Holdings ( LBMH ) was higher in late afternoon trading and the medical device company increasing its quarterly dividend by 8.3% over the prior quarter to $0.0325 per share, payable Oct. 10 to shareholders of record on Sept. 26.

LBMH shares were up about 5.6% at $2.84 apiece shortly before the closing bell, just 6 cents under its session high. The stock has traded within a 52-week range of $1.46 to $6.00 a share, more than doubling in value over the past 12 months, rising 104%.

In other sector news,

(-) KIN, Said its CereKin interleukin-1 inhibitor did not meet primary endpoint of reducing osteoarthritis pain and inflammation in dogs during randomized, double-blind placebo-controlled clinical testing.

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

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing , Commodities

More from MT Newswires


MT Newswires

MT Newswires

Market News, Commodities
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by