The Latest Breaking News from MCK

Washington has reached a $518 million settlement with drug distributors McKesson Corporation (NYSE:MCK), AmerisourceBergen Corp (NYSE:ABC), and Cardinal Health Inc (NYSE:CAH) to resolve opioid-related claims. Washington opted out of a $26 billion nationwide opioid settlement involving the three drug distributors and Johnson & Johnson (NYSE:JNJ). Reuters writes that it would…

The rising demand for drugs and other medical products over the past few years has significantly increased the importance of healthcare distributors. Furthermore, the adoption of advanced and emerging technologies in the healthcare supply chain should help the medical distribution market grow robustly. So, we think the shares of fundamentally…

The healthcare sector has historically provided a better hedge against inflation than gold because of the inelastic demand for its products and services. Rising healthcare needs of an aging population, integration of advanced technologies, and breakthroughs in clinical trials brighten the sector’s prospects. Therefore, fundamentally-sound and undervalued healthcare stocks Sanofi…

The stock indices are down, heading for a second straight losing week on investor concerns about geopolitical tensions and the Fed’s actions. And the market is expected to remain volatile in the near term. Hence, we think high-quality stocks Merck & Co. (MRK), Archer-Daniels-Midland (ADM), Baxter (BAX), McKesson (MCK), and…

Soaring inflation, heightened geopolitical tensions, and the Fed’s decision to raise interest rates multiple times this year have fostered severe market volatility of late. So, we think investors looking to protect their portfolios from rising volatility should consider adding quality dividend-paying stocks McKesson (MCK), AmerisourceBergen (ABC), and ORIX (IX) to…

McKesson (NYSE:MCK) has observed the following analyst ratings within the last quarter:

Pulled from Benzinga Pro data, McKesson (NYSE:MCK) showed a loss in earnings since Q2, totaling $39.00 million. Sales, on the other hand, increased by 3.06% to $68.61 billion during Q3.

McKesson Corp (NYSE: MCK) reported 

McKesson (NYSE:MCK) reported its Q3 earnings results on Wednesday, February 2, 2022 at 04:05 PM. Here's what investors need to know about the announcement.