Tag Archives: bdx

Becton Dickinson: CareFusion Buy Adding More To EPS

Medical-supplies giant Becton Dickinson (BDX) lifted its earnings guidance related to its buyout of CareFusion (CFN) Tuesday, sending its stock up about 2% to a new high in the stock market today. In an SEC filing Tuesday, BD said it determined that it needs to incur only $7.7 billion in debt for the $12.2 billion acquisition, down from its previous estimate of $9.1 billion. It also said the interest on the debt should be lower than previously

Becton Buyout Of CareFusion Drives Up Both Stocks

Medical equipment makers Becton Dickinson (BDX) and CareFusion hit new highs on the stock market today after their $12.2 billion buyout deal was announced Sunday evening. On a conference call with analysts Monday morning, company leaders said the two firms complement each other both technologically and geographically. CareFusion (CFN) sells mostly in the U.S. while BD sells mostly outside of it, and the combined portfolio of products and services