McKesson Corp
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MCK McKesson Corp
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Health Care : Health Care Providers & Services | Large Cap ValueCompany profile

McKesson Corporation is a healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information technology company. The Company provides medicines, medical products and healthcare services by partnering with pharmaceutical manufacturers, providers, pharmacies, governments and other organizations in healthcare. It operates through two segments: McKesson Distribution Solutions and McKesson Technology Solutions. The distribution solutions segment distributes branded and generic pharmaceutical drugs and other healthcare-related products internationally and provides practice management, technology, clinical support and business solutions to community-based oncology and other specialty practices. Technology Solutions segment provides software and analytics, network solutions and technology-enabled services.

Day's Change
1.77 (1.42%)
B/A Size
Day's High
Day's Low
(Below Average)

Today's volume of 1,090,664 shares is on pace to be lower than MCK's 10-day average volume of 1,501,072 shares.


UPDATE: GE shares surge 12% premarket on news of new IoT business, JPMorgan upgrade

10:25 am ET December 13, 2018 (MarketWatch)

General Electric Co. (GE) said Thursday it is launching a $1.2 billion industrial internet-of-things software company, which will be wholly owned by independently run with its own board of directors. The company will bring together GE Digital's IIoT products, and the GE Power Digital and Grid Software Solutions businesses, the company said in a statement. The company will further sell as majority stake in ServiceMax, a provider of field service management software, to private-equity firm Silver Lake in a deal expected to close in the first quarter of 2019. GE Digital CEO Bill Ruh is leaving the company to pursue other opportunities. Separately, JP Morgan upgraded GE to neutral from underweight and removed the stock from its Analyst Focus List as a short idea, "as we now see a more event-driven, balanced risk reward at current levels." Shares rose 12% in premarket trading, but are down 62% in 2018, while the S&P 500 has fallen 0.8%.

-Ciara Linnane; 415-439-6400;

(END) Dow Jones Newswires

December 13, 2018 10:25 ET (15:25 GMT)

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