Amazon, Berkshire, JPMorgan partner to cut U.S. healthcare costs

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McKesson (MCK) Tops Q3 EPS by 47c, Beats on Revenues; Offers FY18 EPS Guidance Above Consensus

February 1, 2018 7:06 AM EST

McKesson (NYSE: MCK) reported Q3 EPS of $3.41, $0.47 better than the analyst estimate of $2.94. Revenue for the quarter came in at $53.6 billion versus the consensus estimate of $51.98 billion.

Revenues of $53.6 billion for the third quarter, up 7% year-over-year.Third-quarter GAAP earnings per diluted share from continuing operations of $4.32, up... More

Anthem (ANTM) Appoints Bahija Jallal to Board

January 31, 2018 6:07 AM EST

Anthem, Inc. (NYSE: ANTM) announced today that Bahija Jallal, PhD, has been named to its Board of Directors effective February 1, 2018.

With more than 25 years of leadership experience and expertise in the biopharmaceutical industry, Dr. Jallals science-driven leadership combined with her passion to improve the lives of patients will be an asset to Anthems Board as they guide the Company... More

Amazon.com (AMZN) PT Maintained at $1,500 at Canaccord Genuity on 4Q Preview; 'Most Robust L-T Growth Opportunity in Internet Group'

January 30, 2018 12:20 PM EST

Canaccord Genuity maintained its price target on Amazon.com (NASDAQ: AMZN) at $1,500.00 while maintaining a Buy rating, ahead of the company's fourth quarter earnings announcement on Feb 1, after the market close.

Analyst Michael Graham suggests AMZN has the "most robust long-term growth... More

BofA/Merrill Lynch Reiterates Buy on Amazon (AMZN) Following Announced Health Care Partenership

January 30, 2018 11:50 AM EST

BofA/Merrill Lynch reiterated a Buy rating and $1460.00 price target on Amazon.com (NASDAQ: AMZN) following the company's announced partnership with Berkshire Hathaway and JPMorgan Chase & Co. with the goal of reducing health care costs over time. The companies state that this... More