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Tag: mckesson
McKesson Corp., which planned to add jobs in Irving, says it will fire 1,600 of its workforce
2016-03-17 20:17:05| Biotech - Topix.net
McKesson Corp., which last week announced a North Texas expansion , is firing 1,600 people, or about 4 percent of its U.S. workforce, to cut costs after the drug distributor lost some key customers. The company, which earlier announced plans to add 975 jobs as part of a plan to consolidate offices in Irving, began a strategic review in January and determined that "reductions to our workforce would be necessary to align our cost structure with our business needs," according to an e-mailed statement.
McKesson Co. (MCK) Position Held by Private Asset Management
2016-01-23 11:56:33| Biotech - Topix.net
Private Asset Management held its position in McKesson Co. during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission .
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McKesson Is On My Radar Screen After Its Most Recent Correction
2015-09-12 12:48:05| Biotech - Topix.net
In the second quarter, the company's adjusted free cash flow was $630M, keeping it on track to generate a massive amount of free cash flow this year. The dividend payments are minimal, and as McKesson doesn't have a lot of long-term debt, I think a share buyback program in 2016 would make sense.
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McKesson PT Lowered to $245.00 at Raymond James
2015-08-29 18:38:58| Biotech - Topix.net
The brokerage currently has a "strong-buy" rating on the stock. Raymond James' price objective would indicate a potential upside of 23.20% from the stock's previous close.
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McKesson Appoints Kathy McElligott to Executive Vice President, Chief ...
2015-06-22 17:49:32| Biotech - Topix.net
McKesson Corporation today announced that Kathy McElligott has been appointed to executive vice president and chief information and chief technology officer effective July 20. McElligott comes to McKesson from Emerson where she served as CIO since 2010 and managed Emerson's information technology strategy and information security for the company's global operations, including hardware, software, and services, as well as its telecommunications and data center infrastructure. As McKesson's CIO, McElligott is responsible for the enterprise business technology strategy, technology governance across the corporation, IT Security and Risk Management, infrastructure operations and service delivery to all McKesson businesses.
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