Latest McKesson Corp News

Delta, JPMorgan rise; GameStop, Boston Scientific fall

Jan. 14, 2020 4:43 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Delta Air Lines Inc., up $1.96 at $61.45. The airline beat Wall Street's fourth-quarter profit forecasts following a strong holiday travel season. GameStop Corp., down 72 cents at $4.71. The video game retailer's sales plunged...

FILE - In this May 29, 2019, file photo, Oklahoma Attorney General Mike Hunter watches a video deposition in Norman, Okla., during the state's trial against drugmakers blamed for contributing to the opioid crisis. On Monday, Jan. 13, 2020, Hunter brought a lawsuit against three distributors of opioids after winning a lawsuit against one drug manufacturer and reaching pretrial settlements in other cases. (AP Photo/Sue Ogrocki, File)

Oklahoma attorney general sues distributors of opioids

Jan. 13, 2020 7:02 PM EST

OKLAHOMA CITY (AP) — Oklahoma Attorney General Mike Hunter on Monday brought a lawsuit against three distributors of opioids after winning a lawsuit against one drug manufacturer and reaching pretrial settlements in other cases. Hunter filed the lawsuit in Cleveland County District Court against Cardinal...

Shareholders entitled to opioid distributor's board records

Jan. 13, 2020 4:47 PM EST

DOVER, Del. (AP) — A Delaware judge has ordered one of the world's largest distributors of opioid painkillers to turn over corporate records to shareholders investigating whether the company engaged in wrongdoing. The judge ruled Monday that shareholders of AmerisourceBergen have demonstrated that they...

FILE - This Oct. 16, 2019 file photos shows an AmerisourceBergen Corp. office building in Conshohocken, Pa. Michigan is suing four companies over the deadly painkiller epidemic. State Attorney General Dana Nessel says Michigan is the first state to sue major opioid distributors under a drug dealer liability law. The suit filed Tuesday, Dec. 17, names AmericsourceBergen, Cardinal Health, McKesson and Walgreens. They have been sued in other states, too. (AP Photo/Matt Rourke, File)

Michigan sues opioid distributors under drug dealer law

Dec. 17, 2019 9:08 PM EST

LANSING, Mich. (AP) — Michigan on Tuesday sued four companies over the deadly painkiller epidemic, becoming what state Attorney General Dana Nessel said is the first state to sue major opioid distributors under a liability law that is typically used to go after drug dealers. The lawsuit was filed in Wayne...

FILE - In this July 25, 2005 file photo, the offices of Teva Pharmaceuticals North America are seen in Horsham, Pa. At least a half-dozen companies that make or distribute prescription opioid painkillers are facing a federal criminal investigation of their roles in a nationwide addiction and overdose crisis. The Wall Street Journal first reported the investigation Tuesday, Nov. 26, 2019, citing unnamed sources familiar with the probe. (AP Photo/George Widman, File)

Drugmakers, distributors facing federal opioid probe

Nov. 27, 2019 12:46 PM EST

At least a half-dozen companies that make or distribute prescription opioid painkillers are facing a federal criminal investigation over whether they violated federal law as they shipped more drugs amid the growing nationwide addiction and overdose crisis. The Wall Street Journal first reported the investigation...