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Stock Market & Financial Investment News

News Breaks
December 14, 2011
08:43 EDTABC
theflyonthewall.com: AmerisourceBergen affirms FY12 EPS view $2.74-$2.84 vs. consensus $2.81
AmerisourceBergen Corporation will reaffirm its previous FY12 guidance at its Investor Day Meeting in New York City. The company continues to expect diluted earnings per share in FY12 to be in the range of $2.74-$2.84 an 8%-12% increase over FY11. Also unchanged are the assumptions supporting the diluted earnings per share range for FY12, including: flat to modest revenue growth; operating margin growth in the high single-digit to low double-digit basis points range; and free cash flow in the range of $700M-$800M, which includes capital expenditures in the $150M range. Subject to market conditions, the company expects to spend approximately $400M to repurchase its common shares in FY12. :theflyonthewall.com



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May 22, 2012
10:26 EDTABC
theflyonthewall.com: On The Fly: Analyst Upgrade Summary

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08:11 EDTABC
theflyonthewall.com: AmerisourceBergen upgraded to Conviction Buy from Buy at Goldman

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May 11, 2012
08:31 EDTABC
theflyonthewall.com: AmerisourceBergen names Tim G. Guttman as CFO, effective immediately
AmerisourceBergen announced that Tim G. Guttman has been named Senior Vice President and CFO, effective immediately. Guttman will report to Steven H. Collis, AmerisourceBergen’s President and CEO. He had been serving as the Company’s Acting CFO since February 13, 2012, and was Vice President and Corporate Controller since joining AmerisourceBergen in 2002. :theflyonthewall.com

May 10, 2012
09:05 EDTABC
theflyonthewall.com: AmerisourceBergen authorizes new $750M share repurchase program

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:theflyonthewall.com