International Business News - McKesson 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 Drug distributor McKesson Corp. said Friday it will pay consumers and health plans $350 million to settle lawsuits alleging it inflated the price of hundreds of drugs. http://www.ibtimes.com/articles/20081121/mckesson-will-settle-price-claims-for-350-million.htm Fri, 21 Nov 2008 09:54:14 EST Shares of drug distributor McKesson Corp. fell Wednesday as the company remained cautious on its financial outlook for the remainder of the year, despite topping Wall Street's fiscal second-quarter profit forecasts. http://www.ibtimes.com/articles/20081029/mckesson-shares-fall-on-sales-slowdown-concerns.htm Wed, 29 Oct 2008 20:38:09 EDT Drug distributor McKesson Corp. is scheduled to report its fiscal second-quarter results Tuesday afternoon. The following is a summary of key developments and analyst commentary for the period ended Sept. 30. http://www.ibtimes.com/articles/20081027/earnings-preview-mckesson-to-post-fiscal-2q.htm Mon, 27 Oct 2008 16:03:49 EDT Drugstore operator Walgreen Co. said Tuesday it will buy the specialty pharmacy business of drug distributor McKesson Corp. for an undisclosed amount. http://www.ibtimes.com/articles/20081021/walgreen-will-buy-mckesson-specialty-pharma-unit.htm Tue, 21 Oct 2008 15:07:18 EDT Federal prosecutors alleged Monday that medical product maker McKesson Corp. paid illegal kickbacks and set up a bogus supply company to reap extra payments from the government's Medicare plan. http://www.ibtimes.com/articles/20081006/feds-allege-mckesson-part-of-medicare-fraud-scheme.htm Mon, 06 Oct 2008 14:34:32 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 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 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 McKesson Corp. Chairman John Hammergren's compensation rose to more than $26.8 million as the nation's largest prescription drug distributor saw another year of record profits. http://www.ibtimes.com/articles/20080623/mckesson-ceo-hammergrens-pay-jumps-to-26-8m.htm Mon, 23 Jun 2008 20:55:40 EDT Among the stock activity stories for Friday, June 20, from AP Financial News: NEW YORK (AP)--Shares of health care services and information technology provider McKesson Corp. rose Friday even as the broader market fell sharply, as analysts said the company's investor day left them feeling bullish on the stock. http://www.ibtimes.com/articles/20080620/movers-roundup-mckesson-biovail.htm Fri, 20 Jun 2008 17:19:53 EDT Shares of health care services and information technology provider McKesson Corp. rose Friday even as the broader market fell sharply, as analysts said the company's investor day left them feeling bullish on the stock. http://www.ibtimes.com/articles/20080620/analysts-come-away-bullish-from-mckesson-meeting.htm Fri, 20 Jun 2008 15:10:52 EDT Health care services and information technology provider McKesson Corp. on Thursday reaffirmed its outlook for fiscal 2009 earnings per share between $3.75 and $3.90. http://www.ibtimes.com/articles/20080619/mckesson-reaffirms-fiscal-2009-profit-outlook.htm Thu, 19 Jun 2008 07:24:05 EDT An executive vice president and group president of McKesson Corp., a distributor of pharmaceutical and health care products, sold 29,145 shares of common stock under a prearranged trading plan, according to a filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080612/mckesson-executive-vice-president-sells-shares.htm Thu, 12 Jun 2008 15:29:59 EDT An executive vice president of pharmaceutical and health care products distributor McKesson Corp. sold 11,233 shares of common stock, according to a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080611/mckesson-executive-vice-president-sells-shares.htm Wed, 11 Jun 2008 16:36:03 EDT Shares of McKesson Corp. rose Tuesday after the pharmaceutical and health care products distributor said its fiscal fourth-quarter profit rose 19 percent, topping Wall Street forecasts. http://www.ibtimes.com/articles/20080506/mckesson-shares-rise-on-4q-profit-beat-2009-guidance.htm Tue, 06 May 2008 17:26:35 EDT McKesson Corp.'s fiscal fourth quarter profit rose 19 percent because of strong sales in its distribution and technology units. The San Francisco-based company said Monday it earned $307 million, or $1.05 per share, compared with profit of $257 million, or 85 cents, during the same period a year earlier. http://www.ibtimes.com/articles/20080505/strong-distribution-technology-sales-lift-mckesson-profit.htm Mon, 05 May 2008 17:23:41 EDT McKesson Corp. named Edward A. Mueller to its board, the healthcare services company said Monday. Mueller is chief executive of Qwest Communications International Inc., and before that was CEO of Williams-Sonoma Inc., CEO of Ameritech Corp. and president of Pacific Bell. http://www.ibtimes.com/articles/20080428/mckesson-names-edward-a-mueller-ceo-of-qwest-to-board.htm Mon, 28 Apr 2008 07:52:30 EDT