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Stock Market & Financial Investment News

News Breaks
February 28, 2014
09:10 EDTMCK, CAKFYMcKesson launches takeover offer for remaining Celesio shares
McKesson (MCK) announced that it has launched a voluntary public takeover offer for the remaining outstanding shares of Celesio (CAKFY) through its indirect wholly-owned subsidiary Dragonfly. There are no closing conditions in relation to the Takeover Offer. McKesson currently exceeds 75% ownership of Celesio shares on a fully diluted basis.
News For MCK;CAKFY From The Last 14 Days
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August 1, 2014
10:00 EDTMCKOn The Fly: Analyst Upgrade Summary
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09:23 EDTMCKMcKesson upgraded at BofA/Merrill
As previously reported, BofA/Merrill upgraded McKesson to Buy from Neutral. The firm upgraded shares given strong strong distribution revenue and profitability, positive updates on the Rite Aid relationship, and long-term supply margin forecasts. Price target raised to $215 from $172.
09:16 EDTMCKMcKesson upgraded to Buy from Neutral at BofA/Merrill
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July 31, 2014
07:33 EDTMCKMcKesson raises FY15 adjusted EPS view to $10.50-$10.90 from $10.40-$10.80
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07:32 EDTMCKMcKesson reports Q1 adjusted continuing ops EPS $2.49, consensus $2.33
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July 30, 2014
15:40 EDTMCKNotable companies reporting before tomorrow's open
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09:47 EDTMCKLeerink healthcare analyst holds an analyst/industry conference call
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09:00 EDTMCKMcKesson extends pharmaceutical distribution agreement with CVS Caremark
McKesson Corporation (MCK) announced a three-year extension of its existing distribution agreement with CVS Caremark (CVS) through June, 2019. “We have a long track record of delivering comprehensive supply chain solutions to CVS Caremark which in turn allows CVS Caremark to ensure the highest level of pharmaceutical care to its customers,” said Paul Julian, executive vice president, group president, McKesson Corporation. “We are pleased to have extended our agreement with CVS Caremark and continue our long standing partnership.”
July 28, 2014
07:26 EDTMCKAmerican Association for Clinical Chemistry to hold annual meeting
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