International Business News - MCK http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the earnings stories for Wednesday, July 23, from AP Financial News: TRENTON, N.J. (AP)--Profits posted Wednesday by Pfizer Inc. and Wyeth show a common theme among pharmaceutical companies--nearly all the growth they're seeing these days is overseas, driven by emerging markets and the weak dollar. http://www.ibtimes.com/articles/20080723/earnings-roundup-drugmakers-mckesson.htm Wed, 23 Jul 2008 18:28:29 EDT Prescription drug distributor McKesson Corp. raised its full-year profit outlook Wednesday after topping Wall Street's first-quarter forecast. The company now expects profit between $4 and $4.15 per share, up from prior guidance between $3.75 and $3.90 per share. Analysts polled by Thomson Financial expect fiscal 2009 profit of $3.83 per share. http://www.ibtimes.com/articles/20080723/mckesson-raises-fiscal-year-profit-outlook.htm Wed, 23 Jul 2008 16:59:18 EDT Health care services and information technology company McKesson Corp. said Wednesday its fiscal first-quarter profit was flat, as higher expenses offset a boost in sales. http://www.ibtimes.com/articles/20080723/mckesson-1q-profit-remains-flat-as-costs-rise.htm Wed, 23 Jul 2008 16:56:17 EDT Among the earnings projection stories for Wednesday, July 23, from AP Financial News: NEW YORK (AP)--Costco Wholesale Corp. said Wednesday that its earnings for the current quarter will be lower than expected as it delays raising prices on items from food to patio sets amid soaring energy costs that have accelerated in recent weeks. http://www.ibtimes.com/articles/20080723/outlook-roundup-costco-adc-telecom.htm Wed, 23 Jul 2008 18:15:31 EDT Drug distributor McKesson Corp. is scheduled to report its fiscal first-quarter results after the market closes Wednesday. The following is a summary of key developments and analyst commentary for the period ended June 30. http://www.ibtimes.com/articles/20080722/earnings-preview-mckesson.htm Tue, 22 Jul 2008 14:08:57 EDT McKesson Corp., a prescription drug distributor, said Wednesday it acquired EN-Chart Scanning Program LLC for an undisclosed amount. McKesson said the acquisition of Dandridge, Tenn.-based E-N Chart, which provides computer-assisted coding and compliance for emergency department visits, will help reduce emergency-visit costs. http://www.ibtimes.com/articles/20080716/mckesson-acquires-e-n-chart-scanning-program.htm Wed, 16 Jul 2008 11:39:16 EDT Shares of health care providers and service companies moved up in Tuesday morning trading as oil prices slipped, and the Federal Reserve considered extending an emergency loan program for investment houses. http://www.ibtimes.com/articles/20080708/opening-glance-health-care-stocks-gain-ground.htm Tue, 08 Jul 2008 10:53:15 EDT Shares of health care providers and service companies were mixed Monday as the broader market fluctuated. The Dow Jones started out in positive territory Monday, swung to a loss of more than 160 points before recovering nearly two-thirds of its losses. http://www.ibtimes.com/articles/20080707/closing-glance-health-care-stocks.htm Mon, 07 Jul 2008 16:27:15 EDT Health care stocks traded higher Monday morning, rising with the broader markets as the price of oil declined and the dollar gained strength against other currencies. http://www.ibtimes.com/articles/20080707/opening-glance-health-care-shares-rise.htm Mon, 07 Jul 2008 10:48:55 EDT Shares of health insurers fell sharply Thursday morning, but other health care stocks were able to make gains. UnitedHealth Group Inc., which cut its profit forecast Wednesday, reached a 4 1/2-year low Thursday morning, and a Goldman Sachs analyst downgraded Aetna Inc. and Health Net Inc. http://www.ibtimes.com/articles/20080703/opening-glance-health-care-stocks.htm Thu, 03 Jul 2008 10:44:38 EDT Health care stocks wavered in Wednesday's trading, with several health insurers rising in spite of an outlook reduction by UnitedHealth Group Inc. UnitedHealth cut its 2008 outlook, and while its shares declined, the news lifted UnitedHealth's rivals because the company did not say medical costs have increased. http://www.ibtimes.com/articles/20080702/closing-glance-health-stocks.htm Wed, 02 Jul 2008 16:40:07 EDT Health care stocks rose in Wednesday morning trading, with insurers rising after UnitedHealth Group Inc. reduced its full-year profit and revenue forecasts as Wall Street expected. http://www.ibtimes.com/articles/20080702/opening-glance-health-care-shares-gain-ground.htm Wed, 02 Jul 2008 10:49:27 EDT Shares of health care providers and service companies lost ground Tuesday as the markets endured an uneven session. Here are afternoon results from a few key stocks in the sector: http://www.ibtimes.com/articles/20080701/closing-glance-health-care-stocks-decline.htm Tue, 01 Jul 2008 16:21:23 EDT Health care providers and service stocks opened slightly lower Tuesday, with modest losses spread throughout the sector. Early results included: http://www.ibtimes.com/articles/20080701/opening-glance-health-stocks-trade-lower.htm Tue, 01 Jul 2008 10:47:23 EDT Shares of health care providers and service companies rose Monday, with health insurers and pharmacy benefits managers among the stocks trading higher. http://www.ibtimes.com/articles/20080630/closing-glance-health-care-shares-move-up.htm Mon, 30 Jun 2008 16:08:09 EDT Prescription drug distributor McKesson Corp. spent $155,000 in the first quarter to lobby on a variety of issues affecting pharmaceutical companies and other players in the health care arena. http://www.ibtimes.com/articles/20080630/mckesson-spent-155-000-to-lobby-in-first-quarter.htm Mon, 30 Jun 2008 15:19:44 EDT Despite a decline in major indexes, health care providers and service companies finished higher on Friday. Major indexes lost ground Friday as oil prices set new records, and Moody's Investors Service said it is considering a downgrade of Morgan Stanley. http://www.ibtimes.com/articles/20080627/closing-glance-health-care-stocks-rise.htm Fri, 27 Jun 2008 16:24:46 EDT Health care stocks edged up in morning trading Friday, with health insurers like UnitedHealth Group Inc. and Humana Inc. making some of the biggest gains as the market broader wavered between positive and negative territory following Thursday's broad selloff. http://www.ibtimes.com/articles/20080627/opening-glance-health-care-shares-gain-ground.htm Fri, 27 Jun 2008 10:56:47 EDT Shares of health care providers and service companies skidded Thursday as record oil prices and downgrades of key stocks knocked the market sharply lower. http://www.ibtimes.com/articles/20080626/closing-glance-health-shares-fall.htm Thu, 26 Jun 2008 16:13:21 EDT Health care shares rose with the market Wednesday, with gains spread throughout the sector. As expected, the Federal Reserve left interest rates unchanged Wednesday, and combined with a decrease in oil prices, the news lifted the markets. http://www.ibtimes.com/articles/20080625/closing-glance-health-care-shares-advance.htm Wed, 25 Jun 2008 16:19:30 EDT