POWERED BY THE DENTISTRY NETWORK

All Dental News

YearRevenue GrowthEPS GrowthDec 1410.257.4Dec 134.959.1

XRAY.AC1-day1-month3-months1-yearPrice Change %0.10.12.060.02Yield to maturity % change0.435.92.585.46Spread to Treasuries %1.331.11

ISSUE DETAILS

IssuerDENTSPLY INTL Inc NewMaturity DateAugust 15, 2021CUSIP249030AC1

Patterson agrees USD 715m sale of medical business to Madison Dearborn

July 1 (SeeNews) - US dental, veterinary and rehabilitation products distributor Patterson Companies Inc (NASDAQ:PDCO) said on Wednesday it had entered into a definitive agreement that will see it collect about USD 715 million (EUR 646m) in cash from US private equity group Madison Dearborn Partners LLC for its medical business, Patterson Medical.

Prosthodontist from Prestonsburg, Ky. Embraces His Purpose

University of Louisville issued the following news release:

As a child growing up in Prestonsburg, Ky., Brandon Stapleton, D.M.D., had unique jaw problems requiring surgery to correct his bite. His gratitude for the work of his dentists, orthodontists and oral surgeons created in him a desire to follow in their footsteps.

Osstem Implant lifts 2.6% on firm volume 01 July, 2015 15:00 KST

SOUTH KOREAN DAILY STOCK REPORT

Osstem Implant Co Ltd. (KOSDAQ:A048260), South Korea's largest Medical Equipment/Supplies company by market cap, lifted KRW1,800.0 (or 2.6%) from its last traded date of June 30, 2015 to close at KRW69,800.0. Compared with the KRX 100 Index which fell 7.8 points (or 0.2%) in the day, this represented a relative price increase of 2.8%. Trading volume was 1.2 times average. The stock rose for a second day on Wednesday bringing its two-day rise to KRW2,800.0 or 4.2%.

BULLISH SIGNALS
Fundamentals:
+ As per the Du Pont analysis, Return on Equity of 15.6% is better than sector average of 4.5%. This is computed as net profit margin of 6.5% times asset turnover [sales/assets] of 0.66 times leverage factor [total assets/shareholders' equity] of 3.6.
+ Revenue growth rate is positive and has seen consecutive rises in recent years. [Year ended, all figures in %]

Madison Dearborn Partners LLC agreed to acquire Patterson Medical Products Inc

Madison Dearborn Partners LLC entered into a definitive agreement to acquire Patterson Medical Products Inc from Patterson Cos Inc for approximately US$715 million in cash. The acquisition will be financed by Deutsche Bank AG, Barclays Plc, BofA Merrill Lynch, and Jefferies LLC. The sale is in line with the strategy of Patterson Cos Inc which includes building on its dental and animal health businesses. Following the acquisition, Patterson Medical Products Inc will continue to operate as Patterson Medical for a transition period before rebranding. The deal is subject to regulatory approvals and other conditions and is expected to close in the second fiscal quarter of Patterson Cos Inc. Based in Bolingbrook, Illinois, Patterson Medical Products Inc distributes health care products. The company had revenues of US$464.2 million with an EBITDA of US$67.2 million for the fiscal year 2015. The financial advisors in the deal include: Barclays Plc for Madison Dearborn Partners LLC, Deutsche Bank AG for Madison Dearborn Partners LLC, Merrill Lynch Pierce Fenner & Smith Inc for Patterson Cos Inc. The legal advisors in the deal include: Briggs & Morgan PA for Patterson Cos Inc, Kirkland & Ellis LLP for Madison Dearborn Partners LLC.

Author branches out, offers lessons for youths

First, he was a dentist, then, he was a missionary. Now, he's an author.

Hempfield resident Ron Dingee recently self-published his third book, and it's different from anything he's done before.

Dentzz Dental Care Centers introduce 'One Appointment Crown Restoration'

Mumbai, July 1 (ANI): Dentzz Dental Care Centers which offer a wide range of specialized and personalized services, with its highly skilled and reputed panel of dental specialists spanning across all fields of dentistry, has introduced 'One Appointment Crown Restoration' procedure across all its centers in India.

Capitol Health up 9.9% in 2 days 01 July, 2015 16:00 AEST

AUSTRALIAN DAILY STOCK REPORT

Capitol Health Limited (ASX:CAJ), Australia's 17th largest Health Care company by market cap, extended its gains Wednesday, rising an additional 1.50c (or 2.0%) to close at 78.0c. The shares have jumped 7.0c (or 9.9%) over the past two trading days. Compared with the All Ordinaries Index which rose 89.4 points (or 1.65%) in the two days, this represented a relative price increase of 8.2%. This has been propped up by firm volume of 1.2 times average.

The Forum Fundraiser Raises $80,000 for the Smile for a Lifetime Foundation

State Revokes, Suspends Licenses, Certifications, Registrations of Health Care Providers

The Washington State Department of Health issued the following news release:

The Washington State Department of Health has revoked or suspended the licenses, certifications, or registrations of health care providers in our state. The department has also immediately suspended the credentials of people who have been prohibited from practicing in other states.

The department's Health Systems Quality Assurance Division works with boards, commissions and advisory committees to set licensing standards for more than 80 health care professions (e.g., medical doctors, nurses, counselors).

Information about health care providers is on the agency's website. Click on "Look up a health care provider license" in the "How Do I?" section of the Department of Health home page (www.doh.wa.gov). The site includes information about a health care provider's license status, the expiration and renewal date of their credential, disciplinary actions and copies of legal documents issued after July 1998. This information is also available by calling 360-236-4700. Consumers who think a health care provider acted unprofessionally are also encouraged to call and report their complaint.

DIO Corporation increases 1.3% - outperforming 94% of stocks 01 July, 2015 15:00 KST

SOUTH KOREAN DAILY STOCK REPORT

DIO Corporation (KOSDAQ:A039840), South Korea's 6th largest Hotels/Restaurants/Casinos company by market cap, increased KRW250.0 (or 1.3%) from its last traded date of June 30, 2015 to close at KRW20,200.0. In the South Korean market of 1,718 stocks and 13 units traded today, the stock has a 6-month relative price strength of 94 which means it is outperforming 94% of the market. A price rise combined with a high relative strength is a bullish signal. The stock rose for a second day on Wednesday bringing its two-day rise to KRW1,150.0 or 6.0%. Compared with the KRX 100 Index which fell 7.8 points (or 0.2%) in the day, this represented a relative price increase of 1.4%. Trading volume was 28% lighter than average.

BULLISH SIGNALS
Fundamentals:
+ Tobin's Q Ratio, defined as MCap divided by Total Assets, is 2. Compared with the rest of the market the stock is undervalued.

UPDATE: Patterson in 2nd daily rise, nears seven-month high 01 July, 2015 16:00 EDT

AMERICAN DAILY STOCK REPORT

Patterson Companies Inc. (NASDAQ:PDCO), NASDAQ's 20th largest Medical/Biomedical company by market cap, extended its gains Wednesday, rising an additional 58.0c (or 1.2%) to trade at US$49.26. The stock increased 1.1% on Tuesday bringing its 2-day rise to 2.3%. It is now approaching its 145-day high of US$50.94. Compared with the NASDAQ-100 Index which rose 32.5 points (or 0.7%) in the day, this represented a relative price increase of 0.5%. Trading volume was 2.6 times average.

DENTSPLY INTL Inc New bond decreases 30 June, 2015

DAILY CORPORATE BOND REPORT

DENTSPLY INTL Inc New (XRAY.AC) bond decreased 8.20c (or 0.1%) from its last traded date of June 29, 2015 to close at US$105.64. The bond matures in 6 years and 2 months; its yield to maturity has increased by 1.3 basis points from 3.05% to 3.07%.

Clallam Dentist's License Suspended Over Concerns of Ability to Practice Safely

The Washington State Department of Health issued the following news release:

The Dental Commission has immediately suspended the credential of dentist Rachelle Riepe (DE60105845) pending further action. Charges state that Riepe is unable to practice safely because of a physical or mental condition.

Oral Health Equity and Unmet Dental Care Needs in a Population-Based Sample: Findings From the Survey of the Health of Wisconsin





FULL TEXT

Objectives. We used objective oral health screening and survey data to explore individual-, psychosocial-, and community-level predictors of oral health status in a statewide population of adults.

Methods. We examined oral health status in a sample of 1453 adult Wisconsin residents who participated in the Survey of the Health of Wisconsin Oral Health Screening project, conducted with the Wisconsin Department of Health Services during 2010.

Results. We found significant disparities in oral health status across all individual-, psychosocial-, and community-level predictors. More than 15% of participants had untreated cavities, and 20% did not receive needed oral health care. Individuals who self-reported unmet need for dental care were 4 times as likely to have untreated cavities as were those who did not report such a need, after controlling for sociodemographic and behavioral factors.

Dental Industry Leaders Show Commitment to Children's Oral Health as America's Toothfairy Board Members

The National Children's Oral Health Foundation issued the following news release:

America's ToothFairy: National Children's Oral Health Foundation announced today the members of its Board of Directors for fiscal year 2016. Under the chairmanship of Henk van Duijnhoven, Senior Vice President at Danaher Corporation and its dental segment, KaVo Kerr Group, the America's ToothFairy Board of Directors is comprised of dedicated leaders of national and international organizations, universities and corporations concerned with improving children's health and building healthier communities.

Whiter Image Dental Offers New Customers Half-Off Teeth Whitening Kit

Meta Biomed soars 14.4% on strong volume 01 July, 2015 15:00 KST

SOUTH KOREAN DAILY STOCK REPORT

Meta Biomed Co Ltd. (KOSDAQ:A059210), South Korea's 12th largest Medical Equipment/Supplies company by market cap, soared KRW1,000.0 (or 14.4%) from its last traded date of June 30, 2015 to close at KRW7,940.0. Compared with the KRX 100 Index which fell 7.8 points (or 0.2%) in the day, this represented a relative price increase of 14.6%. Trading volume was 7.4 times average. The stock rose for a second day on Wednesday bringing its two-day rise to KRW1,360.0 or 20.7%.

BULLISH SIGNALS
Fundamentals:
+ Tobin's Q Ratio, defined as MCap divided by Total Assets, is 1.5. Compared with the rest of the market the stock is undervalued.

Dentsply International rises 0.6% from 14-day low 01 July, 2015 16:00 EDT

AMERICAN DAILY STOCK REPORT

DENTSPLY International Inc. (NASDAQ:XRAY), NASDAQ's 16th largest Medical/Biomedical company by market cap, was up 0.6% from its 14-day low of US$51.29 on 01 July, 2015. Its Williams % R is -86.8 which suggests it is oversold, a bullish signal. The stock price increased 6.0c (or 0.1%) from its last traded date of June 30, 2015 to close at US$51.61. Compared with the NASDAQ-100 Index which rose 32.5 points (or 0.7%) in the day, this represented a relative price change of -0.6%. Trading volume was 40% lighter than average.

BULLISH SIGNALS
Fundamentals:
+ Total Liabilities/EBITDA of 4 is less than the Joseph Piotroski benchmark of 5.
+ Interest cover defined by EBIT/I is 9.6 times. This indicates it is less leveraged.
+ Tobin's Q Ratio, defined as MCap divided by Total Assets, is 1.6. Compared with the rest of the market the stock is undervalued.
+ The total dividend paid over the past 12 months is up 8.4% to 27.50c per share, comprising four quarterly amounts.

'Govt committed to improve dental services'

Dehradun, June 30 -- State Health Minister Surendra Singh Negi said the State Government was committed to improve the dental services and efforts were being made to station dental specialists at Primary Health Centre (CHC) level. While addressing a convention of Provincial Dental Services association here on Monday Negi regretted the fact that the dental services had not achieved the expected level of excellence in Uttarakhand and most of the Government hospitals are limited to offering dental consultancy and tooth extraction services only.

AGD Annual Meeting Draws Thousands to San Francisco

The Academy of General Dentistry issued the following news release:

More than 3,000 people--including approximately 1,500 dentists--attended the Academy of General Dentistry's (AGD) annual meeting, AGD 2015, from June 18 to 21, in San Francisco. This figure represents a total attendance increase of 36 percent over last year's annual meeting in Detroit.

A Community-Based Oral Public Health Approach to Promote Health Equity





FULL TEXT

Objectives. We explored the interrelationships among diabetes, hypertension, and missing teeth among underserved racial/ethnic minority elders.

Methods. Self-reported sociodemographic characteristics and information about health and health care were provided by community-dwelling ElderSmile participants, aged 50 years and older, who took part in community-based oral health education and completed a screening questionnaire at senior centers in Manhattan, New York, from 2010 to 2012.

Results. Multivariable models (both binary and ordinal logistic regression) were consistent, in that both older age and Medicaid coverage were important covariates when self-reported diabetes and self-reported hypertension were included, along with an interaction term between self-reported diabetes and self-reported hypertension.

NJ Top Dentists Presents, Dr. Susan Goldfarb of Advanced Periodontics & Implant Care!

Trevor L. Williams, D.M.D. Joins Enlow & Vance Dental Partners in Tampa, Florida

Access to science course changed Rebecca's career; SPONSOR'S MESSAGE

"Significant, well planned investment is providing with good, well-equipped and workshops."

REBECCA Wicks can't stop smiling - and is it any wonder? The 25-year-old is heading for Manchester University to study dentistry after successfully completing an Access to Science course at Middlesbrough Nacro also holds the Matrix and Investors in People. school leaving age rising to 18, the first year that 16-year-olds have to stay in full-time EDUCATION training and the national Nacro is highlighting the more information and about the alternative options available.

College. She says she couldn't have done it without the practical help and support she's received from the college, including financial help to pay childcare costs for her three-year-old son Zane.

Nacro has been delivering in Tees Valley for 35 years four EDUCATION centres in the Rebecca, from Hemlington, has been working towards this moment for the last four years.

Sirona Dental Systems put call ratio decreases 2.9%, stock increases 01 July, 2015 16:00 EDT

AMERICAN DAILY STOCK REPORT

Sirona Dental Systems, Inc. (NASDAQ:SIRO), NASDAQ's 3rd largest Medical Instruments company by market cap, increased 20.0c (or 0.2%) from its last traded date of June 30, 2015 to close at US$100.72. Open interest contracts on exchange traded options included 147 put contracts and 481 call contracts. The put:call ratio was 0.31, down 2.9% for the day. The decrease is a bullish indicator. Compared with the NASDAQ-100 Index which rose 32.5 points (or 0.7%) in the day, this represented a relative price change of -0.5%. Trading volume was 1.2 times average.

 
Wire News provided by 

 

Latest Issues

Stay Connected

Subscribe to Dentistty IQ's Newsletters

1421 S. Sheridan Road
Tulsa, Oklahoma 74112
PH: 800.331.4633