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Stock Market & Financial Investment News

News Breaks
May 21, 2014
11:40 EDTMCKMagnetar Capital sues McKesson unit over Celesio deal, NY Times says
A subsidiary of the McKesson Corporation is being sued by the hedge fund Magnetar Capital in connection with its acquisition of the German drug wholesaler Celesio, says the New York Times. Magnetar Capital alleges that McKesson violated German takeover law by paying more to some holders of Celesio’s convertible bonds than it did to shareholders, added the New York Times. Reference Link
News For MCK From The Last 14 Days
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February 2, 2016
09:02 EDTMCKLafayette Radiology picks McKesson for revenue cycle management services
Lafayette Radiology, based in Lafayette, Indiana, has tapped McKesson Business Performance Services to provide a full range of revenue cycle management services, including ICD-10 education and support. Services will include documentation training, coding, claims management, denial management, compliance and business intelligence reporting.
January 27, 2016
16:18 EDTMCKMcKesson sees FY17 adjusted EPS to grow 7%--12% excluding items
McKesson expects growth in adjusted EPS for FY17 to be between 3% and 8%, as reported, and between 7% and 12%, excluding 48c of gains on the disposition of two businesses and favorable discrete tax items in FY16.
16:17 EDTMCKMcKesson backs FY16 adjusted EPS $12.60-$12.90, consensus $12.77
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16:16 EDTMCKMcKesson reports Q3 adjusted EPS $3.18, consensus $3.13
Reports Q3 revenue $47.9B, consensus $48.8B.
14:34 EDTMCKNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Facebook (FB), consensus 68c... Qualcomm (QCOM), consensus 90c... Texas Instruments (TXN), consensus 69c... McKesson (MCK), consensus $3.13... PayPal (PYPL), consensus 35c... Las Vegas Sands (LVS), consensus 65c... eBay (EBAY), consensus 50c... Crown Castle (CCI), consensus $1.10... Vertex (VRTX), consensus 17c... Discover (DFS), consensus $1.30... SanDisk (SNDK), consensus 89c... ServiceNow (NOW), consensus 8c... Lam Research (LRCX), consensus $1.43... Citrix Systems (CTXS), consensus $1.19... Hologic (HOLX), consensus 42c... Juniper (JNPR), consensus 59c... Cavium (CAVM), consensus 28c... Cirrus Logic (CRUS), consensus 81c.

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