McKesson buys specialty distributor

MCKESSON CORP. $146 (New York symbol MCK; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 208.5 million; Market cap: $30.4 billion; Price-to-sales ratio: 0.2; Dividend yield 0.9%; TSINetwork Rating: Above Average; www.mckesson.com) is the largest wholesale drug distributor in the U.S. and Canada.

The company has agreed… Read More

Renaissance Global Health Care Fund $15.78

RENAISSANCE GLOBAL HEALTH CARE FUND $44.77 (CWA Rating: Speculative) (Renaissance Investments, 1500 Robert Bourassa Blvd., Suite 800, Montreal, PQ. H3A 3S6. 1-800-268-8258; Web site: www.renaisanceinvestments.ca. Available from brokers) invests primarily in U.S. companies and global companies with U.S. operations or exposure to U.S. markets or… Read More

RENAISSANCE GLOBAL HEALTH CARE FUND $15.19

RENAISSANCE GLOBAL HEALTH CARE FUND $44.77 (CWA Rating: Speculative) (Renaissance Investments, 1500 Robert Bourassa Blvd., Suite 800, Montreal, PQ. H3A 3S6. 1-800-268-8258; Web site: www.renaisanceinvestments.ca. Available from brokers) invests primarily in U.S. companies and global companies with U.S. operations or exposure to U.S. markets or… Read More

Healthcare problems hurt McKesson

MCKESSON CORP. $166 (New York symbol MCK; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 226.1 million; Market cap: $37.5 billion; Price-to-sales ratio: 0.2; Dividend yield 0.7%; TSINetwork Rating: Above Average; www.mckesson.com) is the largest wholesale drug distributor in the U.S. and Canada.
The company recently merged… Read More