McKesson (MCK) Enters Merger Agreement with Change Healthcare
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McKesson (MCK) Boosts FY17 EPS Outlook
June 29, 2016 8:03 AM EDTMcKesson Corporation (NYSE: MCK) announced that for the fiscal year ending March 31, 2017, the company has updated its previous guidance range of $13.30 to $13.80 per diluted share to a new range of $13.43 to $13.93 per diluted share, which continues to exclude approximately 12 to 15 cents in expected charges from Adjusted Earnings... More
FBR Sees McKesson's (MCK) Merger, Spin-off Actions as 'Solid Step' to Exiting IT Business
June 28, 2016 11:45 AM EDTFBR affirms McKesson Corporation (NYSE: MCK) with an Outperform rating and $210 price target after the company announced plans to merger most of its IT assets with Change Healthcare and spin its Enterprise Information Solutions unit.
Analyst Steven Halper offered the following commentary on... More
McKesson (MCK) Plans to Explore Options for EIS Business
June 28, 2016 8:18 AM EDTMcKesson Corporation (NYSE: MCK) announced that it is exploring strategic alternatives for its Enterprise Information Solutions (EIS) business, a division of McKesson that provides core hospital information systems.
EIS serves hospitals and health systems with software solutions, managed services, and infrastructure and hosting services to enable them to succeed through healthcare reform and beyond. The portfolio includes core solutions such as: Paragon® hospital information system; STARTM and HealthQuestTM solutions for revenue cycle management, financial and supply chain management; OneContentTM... More
