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McKesson Corp (MCK.N)

MCK.N on New York Stock Exchange

154.01USD
22 Sep 2017
Change (% chg)

$1.44 (+0.94%)
Prev Close
$152.57
Open
$152.32
Day's High
$154.33
Day's Low
$151.77
Volume
289,260
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410,009
52-wk High
$169.24
52-wk Low
$114.54

Latest Key Developments (Source: Significant Developments)

McKesson to acquire CoverMyMeds for about $1.1 bln
Wednesday, 25 Jan 2017 04:10pm EST 

McKesson Corp - : McKesson reports fiscal 2017 third-quarter results . Q3 adjusted earnings per share $3.03 . Q3 gaap earnings per share $2.86 from continuing operations . Q3 revenue $50.1 billion versus i/b/e/s view $50.5 billion . Q3 earnings per share view $2.91 -- Thomson Reuters I/B/E/S . Sees FY 2017 adjusted earnings per share $12.60 to $12.90 from continuing operations . Sees FY 2017 gaap earnings per share $9.80 to $10.30 from continuing operations . To acquire CoverMyMeds for approximately $1.1 billion, or $0.9 billion net of incremental cash tax benefits . FY2017 earnings per share view $12.54 -- Thomson Reuters I/B/E/S . Deal includes a maximum $0.3 billion of consideration contingent upon CoverMyMeds' financial performance through fiscal year ending 2019 .CoverMyMeds provides electronic prior authorization solutions to pharmacies, providers, payers and pharma manufacturers.  Full Article

Innerworkings expands partnership with McKesson
Wednesday, 21 Dec 2016 09:13am EST 

Innerworkings Inc :Innerworkings Inc says expansion of its ongoing relationship with healthcare services provider Mckesson Corporation.  Full Article

McKesson and Change Healthcare announce termination of Hart-Scott-Rodino act waiting period for the creation of a new healthcare information technology company
Wednesday, 21 Dec 2016 08:30am EST 

McKesson Corp : McKesson and Change Healthcare announce termination of Hart-Scott-Rodino act waiting period for the creation of a new healthcare information technology company .Acquisition is expected to close in first half of calendar year 2017.  Full Article

Mckesson received request from U.S. DOJ pursuant to Hart-Scott-Rodino Antitrust improvements act
Tuesday, 6 Sep 2016 04:09pm EDT 

Mckesson Corp : Received a request for additional information and documentary material from u.s. Doj pursuant to hart-scott-rodino antitrust improvements act . Request from doj in connection with entry into a contribution and sale agreement, by and among mckesson, change healthcare, inc. .Both mckesson and change healthcare continue to expect transaction to be completed in first half of calendar year 2017.  Full Article

Mckesson Q1 GAAP EPS $2.88 from continuing operations
Wednesday, 27 Jul 2016 04:10pm EDT 

Mckesson Corp : Fy2017 earnings per share view $13.64 -- Thomson Reuters I/B/E/S . Reports Fiscal 2017 First-Quarter results . Q1 adjusted earnings per share $3.50 . Q1 GAAP earnings per share $2.88 from continuing operations . Q1 revenue $49.7 billion versus I/B/E/S view $50.36 billion . Sees fy 2017 adjusted earnings per share $13.43 to $13.93 excluding items . Sees fy 2017 GAAP earnings per share $10.70 to $11.60 from continuing operations . Q1 earnings per share view $3.33 -- Thomson Reuters I/B/E/S .Mckesson Corp sees GAAP earnings per diluted share between $10.70 to $11.60 for fiscal year ending march 31, 2017.  Full Article

UK's CMA says not refer Mckesson unit, AAH Pharma-UDG deal for phase 2 probe
Wednesday, 29 Jun 2016 10:27am EDT 

Competition and Markets Authority(CMA):UK's CMA says decided not to refer merger by Mckesson Corp unit AAH Pharmaceuticals of MASTA and Sangers to a Phase 2 investigation..  Full Article

Mckesson sees FY 2017 EPS between $13.30 to $13.80
Wednesday, 29 Jun 2016 08:00am EDT 

Mckesson Corp : Sees fy 2017 earnings per share $13.30 to $13.80 . Fy2017 earnings per share view $13.52 -- Thomson Reuters I/B/E/S . Mckesson Corp says fy 2017 earnings per share outlook exclude about 12 to 15 cents in expected charges from adjusted earnings related to cost alignment plan .Mckesson updates fiscal 2017 guidance.  Full Article

McKesson exploring strategic alternatives for enterprise information solutions
Tuesday, 28 Jun 2016 08:17am EDT 

Mckesson Corp :McKesson to explore strategic alternatives for enterprise information solutions.  Full Article

UK's CMA says not to recommend McKesson-Bupa Home deal to in-depth investigation
Tuesday, 28 Jun 2016 04:23am EDT 

UK's CMA :Decided not to recommend McKesson Corp deal with Bupa Home Healthcare to a phase 2 investigation.  Full Article

Mckesson considering separation of info tech unit, worth possibly more than $5 bln - CNBC citing DJ
Thursday, 2 Jun 2016 11:33pm EDT 

: Mckesson Corp considering separation of info tech unit, worth possibly more than $5 bln; could be spun off or merged with a rival - CNBC citing Dow Jones Further company coverage: [MCK.N] ((Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780)).  Full Article

BRIEF-Truveris secures $25 mln in new funding round led by McKesson Ventures

* Truveris has secured $25 million in a new round of funding led by McKesson Ventures Source text for Eikon: