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A House committee trying to understand how the opioid crisis came to be and what to do next has set a May 8 hearing for drug distributors to explain their role.
While more than half the states in the U.S. have passed time limits on opioid prescription as a way to battle the epidemic, the AMA says that should be left up to the doctor and patient.
McKesson and other drug distributors are having a difficult time steering clear of controversy, with the latest blow a lawsuit alleging McKesson has violated the False Claims Act.
Amid the decline there were some winners including Red Hat and McCormick. Twitter gets a new short-seller and more activist action at United Technologies, dot a busy Tuesday. Here's what you may have missed.
President Trump made a long-awaited announcement of his administration's opioid plan in a New Hampshire speech that was part policy roll out and part political rally.
A study published by the Journal of the American Medical Association shows OTC drugs were more effective in cutting pain for chronic back pain and osteoarthritis hip and knee patients than opioids.
After months of inaction by the federal government on the crisis regarding opioid abuse, Attorney General Jeff Sessions announced the creation of a task force charged with looking at how drug makers and distributors operate.
McKesson Corporation (NYSE: MCK) (the "Company") today announced the determination of the Full Tender Offer Consideration, as shown in the table below, for its previously announced cash tender offer to purchase up to...
A study of analyst recommendations at the major brokerages shows that McKesson Corp is the #33 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period.
McKesson Corporation (NYSE: MCK) (the "Company") today announced the early tender results as of the Early Tender Time (as defined below) in connection with its previously announced cash tender offer to purchase up to...
McKesson and Cardinal Health are alleged to have sent more than 12 million opioid doses to a single pharmacy in West Virginia over an eight-year period, according to a House committee probe.
In the last two weeks alone, three sectors have gotten hammered on announcements or reports about Amazon's plans.
As lawsuits tied to the opioid crisis keep piling up, Purdue Pharma is discontinuing direct sales calls to doctors. Will other opioid makers follow suit?
The White House Council of Economic Advisers on Friday, Feb. 9, released a report on how the government can help bring down drug prices.
This will be the ninth consecutive year when the big game tops that 100 million-viewers mark.
McKesson Corporation (NYSE:MCK) today reported that revenues for the third quarter ended December 31, 2017, were $53.
The stocks of healthcare giants such as United, Cigna and Anthem tumbled Tuesday following news that Amazon, Berkshire Hathaway and JPMorgan have banded together on a healthcare initiative for their workers.
New York City sues Purdue Pharma, Teva Pharmaceutical, Allergan, Johnson and Johnson, Endo International, McKesson, AmerisourceBergen and Cardinal Health over how opioids have devastated the city and its services.
It's hard to understand the magnitude of the change.
As opioid crisis becomes more deadly, public hearings put the pain killers front and center. But in bitterly divided Washington one meeting is more about chopping Medicaid.
They make more irrational, stupid moves based on nothing than I ever thought possible.
It might look easy now, but it looked easy in 1999, too.
The most recent short interest data has been released for the 12/29/2017 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
In the past few weeks, McKesson has been unhappily tied to stories about opioids, including coverage on TheStreet. At the JPMorgan Healthcare Conference, the company took its case to investors.
The crisis could seemingly turn a number of companies on their heads much in the way that big tobacco suits of the late 1990s forever changed the tobacco industry.
Nothing breeds future investment success like buying in the face of negative headlines.
McKesson Corporation (NYSE:MCK) will release financial results for its third fiscal quarter ended December 31, 2017 on Thursday, February 1, 2018, prior to the opening of trading on the New York Stock Exchange.
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