McKesson News

Analysts' opinions on stocks in the news Tuesday S&P MAINTAINS HOLD OPINION ON SHARES OF FANNIE MAE : Shares are down in premarket trading after FNM posts first quarter loss per share of $2.57, vs. via BusinessWeek

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Things started well enough, with shares hitting a 52-week high shortly after the year began, but they've since lost about 20% of their value. via Motley Fool

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“The fourth-quarter and full-year financial results demonstrate continued operating excellence and the benefit of acquisitions and share repurchases to create additional shareholder value”

McKesson Corp.'s fiscal fourth quarter profit rose 19 percent because of strong sales in its distribution and technology units. via Canadian Business Magazine

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McKesson Corp. shares leaped late Monday after the company said that fourth-quarter net income jumped, thanks to strong performances in both its core pharmaceutical distribution business and technology solution ... via MarketWatch

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“By failing to report suspicious orders for controlled substances that it received from rogue internet pharmacies, the McKesson Corporation fueled the explosive prescription drug abuse problem we have in this country”

Wondering where those illegal online pharmacies get their dope? According to the Justice Department, the answer is McKesson Corp., North America's largest pharmaceutical distributor based in San Francisco. via Wired News

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“The security of the nation's pharmaceutical supply chain is one of McKesson's highest priorities”

The administrative settlement, which resolves all DEA claims against McKesson, calls for a temporary suspension of distribution of the two drugs from two of McKesson's 31 distribution centers. via PR-inside.com

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Federal prosecutors say a prescription medication distributor is paying more than $13 million to settle allegations that it failed to report as suspicious sales of large quantities of drugs regulated by the ... via WBAL-AM Baltimore

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“Today's settlement makes clear that the Department of Justice is committed to doing its part to curtail illegal access to these dangerous drugs.”

McKesson Corp., one of the nation's largest distributors of pharmaceutical drugs, has agreed to settle allegations that it violated federal reporting provisions relating to its handling of certain prescription ... via US Drug Enforcement Administration

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McKesson Corporation today announced that RelayHealth, its connectivity services business, has acquired HTP Inc., a leading provider of revenue cycle management technology. via Earth Times

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“His expertise with large-scale, complex businesses and his focus on customer relationships are great assets to our board and I look forward to his contributions”

Qwest Communications International CEO and Chairman Ed Mueller has joined the board of health care supply giant McKesson Corp. via The Denver Business Journal

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