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Message Boards Settings Omnicare, Incorporated (OCR) - Quote Info
3rd quarter earnings      6-Nov-09 10:16 am    
"Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, said Thursday its third-quarter profit rose 13 percent as lower costs and an income tax adjustment offset a dip in revenue."
Lower costs = lower pay and layoffs. Income tax adjustment? How does the $98 million payout offset the adjustment? This profit was made on the backs of their employees and customers. The employees suffer due to decreased wages and decreased 401K contributions and the customers suffer because there is not enough employees to do the work in a timely manner.
Do you really think they can continue to show a profit with the combination of lawsuits and customer loss?


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sol.leventh...

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3rd quarter earnings
sol.leventh... (2 Ratings) 6-Nov-09 10:16 am  
 
When you dispense the amount of meds that OCR does...
RedsFn77 (2 Ratings) 6-Nov-09 10:42 am  
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Omnicare Inc. (OCR)

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