ABC News and Press, AmerisourceBergen Corporation From 07/11/22

Evercore ISI has downgraded AmerisourceBergen ( NYSE: ABC ) to in line from outperform citing valuation, concerns on future operating performance, and Walgreens Boots Alliance's ( WBA ) May sale of 6M AmerisourceBergen shares. The firm also lowered its price target to ...

Goldman Sachs is gauging the impact of a potential recession as Wall Street approaches 2Q earnings season. The market goes into the reporting period with a low bar of +6% EPS growth for the S&P 500 ( SP500 ) ( NYSEARCA: SPY ) for 2Q. For the year, Goldman is bel...

A U.S. federal judge on July 4 ruled that AmerisourceBergen ( NYSE: ABC ), McKesson ( NYSE: MCK ) and Cardinal Health ( NYSE: CAH ) were not responsible for fueling the opioid epidemic in a part of West Virginia, Associated Press (AP) reported . ...

Walgreens Boots Alliance ( NASDAQ: WBA ) is trading lower in the pre-market Thursday despite better-than-expected revenue and earnings posted by the pharmacy retail chain with its 3Q financials for fiscal 2022. Sales from the company’s continuing operations dropped ~4...

AmerisourceBergen Corporation (NYSE: ABC) today announced that it plans to release its results for the Third Quarter of Fiscal 2022 on Wednesday, August 3, 2022, prior to the opening of trading on the New York Stock Exchange. The Company will host a conference call to discuss the result...

British Columbia (B.C.) and Purdue Pharma have reached a $150M settlement over opioid damages in a lawsuit brought by the province on behalf of all Canadian governments. "The proposed settlement with Purdue Canada has been agreed to by all federal, provincial and territorial governm...

Seefried Properties Break Ground on New Distribution Facility in Mount Prospect, IL PR Newswire Project to Deliver 80,053K SF Along I-90 Corridor MOUNT PROSPECT, Ill. , June 21, 2022 /PRNewswire/ -- Seefried Properties, a national real es...

The pharmaceutical/biotechnology subsector has the best value and quality scores. Healthcare equipment is the most overvalued industry. IHF: a concentrated ETF in healthcare providers. 10 stocks cheaper than their peers in June. For further details see: IHF: Healthca...

AmerisourceBergen is one of the "big three" distributors of pharmaceuticals in the United States. In terms of 2021 revenues, it is almost as big as McKesson. The business is recession-resistant, and because it has high barriers to entry due to its heavy regulation and sophisticated di...

Glenview Capital Management’s 13F portfolio value increased from $4.69B to $4.94B this quarter. The number of positions increased from 57 to 60. They increased Cigna, DXC Technology, Fiserv, US Foods Holding, Amazon.com, and Aptiv plc while decreasing McKesson, Bausch Health, F...