Health Care Distributors

Following the close of the initial acceptance period, McKesson owns 75.7% of Celesio shares on a fully diluted basis. The additional two-week acceptance period will begin on April 8, 2014 and will expire on April 22, 2014. McKesson Corporation (NYSE: MCK), a leading North American healthcare...

McKesson Corporation (NYSE: MCK) and Rite Aid Corporation (NYSE: RAD) announced the signing of an expanded distribution agreement to include both brand and generic pharmaceuticals. The new five-year agreement, which extends through March 2019, creates efficiencies for both companies by leveraging...

Below are the top drugs wholesale stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. McKesson (NYSE: MCK) is likely to earn $10.71 per share in the next year ending March, 2015. McKesson's trailing-twelve-month ROE is 15.90%. AmerisourceBergen (NYSE: ABC) may earn...

Juniper Networks (NYSE: JNPR) soared 5.92% to $27.55 in the pre-market trading after the company reported better-than-expected fourth-quarter results. Barclays upgrades the stock from Equalweight to Overweight and lifted the price target from $29.00 to $34.00. Fortinet (NASDAQ: FTNT) shares jumped...

McKesson Corporation (NYSE: MCK), a leading North American healthcare services and information technology company, announced today that it has reached an agreement with Franz Haniel & Cie. GmbH (“Haniel”) to acquire their entire holding of Celesio shares for EUR 23.50 per share. In a separate...

McKesson Corporation (NYSE: MCK) today announced that its Board of Directors has implemented the first phase of a number of changes to the Company's governance guidelines and compensation policies for fiscal 2014. The Board will continue to review McKesson's corporate...

SanDisk (NASDAQ: SNDK) shares jumped 4.92% to touch a new 52-week high of $72.69. SanDisk's PEG ratio is 0.53. NuPathe (NASDAQ: PATH) shares reached a new 52-week high of $4.353 after the company received an offer of $3.65 per share from Teva Pharmaceutical Industries (NYSE: TEVA). Monster...

At 10:15 am, the Dow tumbled 0.45% to 16,455.98, the broader Standard & Poor's 500 index moved down 0.12% to 1,835.66 and the NASDAQ composite index rose 0.11% to 4,157.75. The industries that are supporting the market today are: Internet Service Providers: This industry jumped 4.60% by 10:15...

In a report published Thursday, Deutsche Bank analyst George Hill maintained a Buy rating on McKesson Corporation (NYSE: MCK), with a $181.00 price target, despite Elliot’s decision to not tender shares. According to the report, “Elliott stated that its decision is binding, and the fund owns...

Below are the top drugs wholesale stocks on the NYSE in terms of return on assets. The trailing-twelve-month return on assets at Cardinal Health (NYSE: CAH) is 5.37%. Cardinal Health had $2.75 billion in total cash for the latest quarter. The trailing-twelve-month return on assets at Omnicare (...

Elliott Associates, L.P. and Elliott International, L.P. together with affiliated entities ("Elliott"), which own or have an interest economically equivalent to over 25% of Celesio AG (1), announced today that Elliott intends to decline McKesson Corporation's (NYSE: MCK) tender offer for the...

McKesson Corporation (NYSE: MCK) announced today that McKesson has launched the voluntary public takeover offer for the outstanding shares of Celesio (“Takeover Offer”) and tender offers for the outstanding convertible bonds of Celesio (“Tender Offers”) through its...

Below are the top drugs wholesale stocks on the NYSE and the NASDAQ in terms of PEG ratio. Omnicare (NYSE: OCR) has a PEG ratio of 1.05. Omnicare's trailing-twelve-month revenue is $6.21 billion. McKesson (NYSE: MCK) has a PEG ratio of 1.26. McKesson had $2.96 billion in total cash for the latest...