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10 Biggest Price Target Changes For Thursday
Thursday, December 9, 2021 - 10:28am | 374SVB Leerink boosted the price target on Edwards Lifesciences Corporation (NYSE: EW) from $130 to $135. Edwards Lifesciences shares rose 1% to trade at $120.68 on Thursday. Keybanc raised The Sherwin-Williams Company (NYSE: SHW) price target from $350 to $384. Sherwin-Williams shares rose 1% to...
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Walgreens To Explore Options For UK's Boots Pharmacy Chain: Sky News
Monday, December 6, 2021 - 5:31am | 361Walgreens Boots Alliance Inc (NASDAQ: WBA) has reportedly lined up Goldman Sachs to advise it on reviewing options for Britain's high street chemist, Boots. Spinning the chain off into a separately listed company could also be a possibility, reported Sky News. Boots operates a...
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McKesson, Cardinal Health, AmerisourceBergen Face $95B Opioid Trial In Washington: Reuters
Monday, November 15, 2021 - 2:30pm | 414A Washington state trial against McKesson Corporation (NYSE: MCK), Cardinal Health Inc (NYSE: CAH), and AmerisourceBergen Corp (NYSE: ABC) for the U.S. opioid epidemic is slated to kick off today, Reuters reported. Washington Attorney General Bob Ferguson...
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10 Biggest Price Target Changes For Tuesday
Tuesday, November 2, 2021 - 7:17am | 376JP Morgan lowered The Clorox Company (NYSE: CLX) price target from $171 to $147. Clorox shares rose 2.1% to $166.80 in pre-market trading. Jefferies boosted the price target for Alcoa Corporation (NYSE: AA) from $52 to $60. Alcoa shares rose 0.7% to $47.06 in pre-market trading. Keybanc cut...
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McKesson Posts Better Than Expected Q2 Earnings; Raises FY22 EPS Outlook Again
Tuesday, November 2, 2021 - 5:34am | 269McKesson Corp (NYSE: MCK) reported second-quarter FY22 adjusted EPS of $6.15, +28% Y/Y, and easily beating the analyst consensus of $4.66. Revenues increased 9% Y/Y to $66.57 billion, surpassing the consensus of $63.12 billion, driven by growth in the U.S. Pharmaceutical segment,...
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A Peek Into The Markets: US Stock Futures Edge Lower; Fed Meeting In Focus
Tuesday, November 2, 2021 - 5:00am | 702Pre-open movers U.S. stock futures traded slightly lower in early pre-market trade after settling at record highs in the previous session. The Federal Open Market Committee will start its two-day policy meeting today. Investors are awaiting earnings results from Pfizer Inc. (NYSE: PFE), T-Mobile...
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5 Stocks To Watch For November 2, 2021
Tuesday, November 2, 2021 - 3:08am | 322Some of the stocks that may grab investor focus today are: Wall Street expects Pfizer Inc. (NYSE: PFE) to report quarterly earnings at $1.08 per share on revenue of $22.41 billion before the opening bell. Pfizer shares rose 0.8% to $44.00 in after-hours trading. McKesson Corporation (NYSE: MCK)...
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A Peek Into The Markets: US Stock Futures Higher Ahead Of Manufacturing Data
Monday, November 1, 2021 - 5:05am | 749Pre-open movers U.S. stock futures traded higher in early pre-market trade after closing at record highs in the previous session. Investors are awaiting earnings results from PG&E Corporation (NYSE: PCG), McKesson Corporation (NYSE: MCK), Clorox Co (NYSE: CLX), and ON Semiconductor Corp...
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5 Stocks To Watch For November 1, 2021
Monday, November 1, 2021 - 1:51am | 314Some of the stocks that may grab investor focus today are: Wall Street expects PG&E Corporation (NYSE: PCG) to report quarterly earnings at $0.26 per share on revenue of $5.37 billion before the opening bell. PG&E shares rose 0.6% to $11.67 in after-hours trading. Xpeng Inc - ADR (NYSE...
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Drug Distributors Ink First Opioid Settlement With Cherokee Nation
Tuesday, September 28, 2021 - 1:58pm | 498Cardinal Health Inc (NYSE: CAH), McKesson Corporation (NYSE: MCK), and AmerisourceBergen Corp (NYSE: ABC), accused of U.S. addiction crisis, have struck a settlement with a tribal government, Reuters reports. As part of the deal with Cherokee Nation's...
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Endo Shares Move Higher On Settlement Of New York State Opioid Cases
Friday, September 10, 2021 - 6:31am | 401Endo International plc (NASDAQ: ENDP) has agreed to pay $50 million to resolve lawsuits by New York state and two of its largest counties related to the sale and marketing of opioids. Endo said the settlement includes no admission of wrongdoing by Endo or its subsidiaries. The...
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McKesson Q1 Earnings Surpass Wall Street Estimate; Raises FY22 EPS Outlook
Thursday, August 5, 2021 - 4:48am | 297McKesson Corp (NYSE: MCK) reported first-quarter FY22 adjusted EPS of $5.56, almost doubled from $2.77 a year ago, and easily beating the analyst consensus of $4.17. Revenues increased 13% Y/Y to $62.67 billion, surpassing the consensus of $59.9 billion, driven by higher volumes from retail...
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5 Stocks To Watch For August 4, 2021
Wednesday, August 4, 2021 - 3:37am | 314Some of the stocks that may grab investor focus today are: Wall Street expects General Motors Company (NYSE: GM) to report quarterly earnings at $1.34 per share on revenue of $29.11 billion before the opening bell. GM shares fell 0.1% to $57.80 in after-hours trading. Paycom Software (NASDAQ:...
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Drug Distributors To Pay Up To $1.1B To Settle New York Opioid Claims
Tuesday, July 20, 2021 - 9:47am | 260McKesson Corporation (NYSE: MCK), Cardinal Health Inc (NYSE: CAH), and AmerisourceBergen Corp (NYSE: ABC) have agreed to pay up to $1.179 billion to settle claims by New York state and two of its biggest counties over their role in the U.S. opioid epidemic. The...
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New York Takes Drugmakers, Drug Retailers To Legal Trial Over Opioid
Tuesday, June 29, 2021 - 2:24pm | 454Teva Pharmaceutical Industries Ltd (NYSE: TEVA), Endo International Plc (NASDAQ: ENDP), and AbbVie Inc's (NYSE: ABBV) Allergan misleadingly marketed opioid drugs as having a low addiction risk, a lawyer for a New York county told jurors, urging them to...