ABC News and Press, AmerisourceBergen Corporation From 05/03/22

Walgreens has been simplifying and transforming its business at the same time. The company has a massive job to do, and is still full in its transition. Valuations are non-demanding, based on adjusted earnings, as I see value but lack conviction to initiate a large position. ...

AmerisourceBergen (NYSE: ABC), Cardinal Health (NYSE: CAH) and McKesson (NYSE: MCK) announced today that they have reached an agreement with the Washington Attorney General, under which the distributors will pay up to $518 million to the State of Washington and its participating subdivi...

Walgreens is committed to selling its U.K. Boots pharmacy in 2022. Cash proceeds from the sale could pay down debt and/or be used to accelerate the U.S. store makeover effort into a higher-margin health and wellness business. Wall Street remains skeptical of a turnaround in retail...

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McKesson (NYSE:MCK), the nation's largest wholesale medical supply distributor, hit a 52-week high Wednesday of $333.44. Year to date, shares are up ~34%. McKesson shares have outperformed rivals Amerisource Bergen (ABC) and Cardinal Health (CAH). For fiscal year 2022 Q4 (ending March 31...

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AmerisourceBergen Corporation (NYSE: ABC) today announced that it plans to release its results for the Second Quarter of Fiscal 2022 on Wednesday, May 4, 2022, prior to the opening of trading on the New York Stock Exchange. The Company will host a conference call to discuss the results ...

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Teva Pharmaceutical Industries (NYSE:TEVA) and AbbVie's (NYSE:ABBV) Allergan unit have reached settlements totaling $107M with Rhode Island's attorney general related to their alleged involvement in the opioid crisis. Reuters reported that the settlement includes one million Naloxone overdose...

Cardinal Health (NYSE:CAH) rose 5.1% after some vague speculation about potential takeover interest from private equity firms. Cardinal Health (CAH) could be of possible interest to PE firms, Gordon Haskett speculated earlier in an item that traders were circulating. To be clear, th...