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The Latest Breaking News from McKesson

Dow Jones Futures: Stock Market Rally Awaits Fed Pivot Signals; AMD, Devon Move On Earnings

The market rally paused Tuesday after running on Fed pivot hopes. Will Fed chief Powell offer dovish hints after another big rate hike?

Investors Business Daily

Drug Behemoth McKesson Calls For Greater-Than-Expected Covid Windfall

McKesson increased its earnings outlook for the year Tuesday despite lagging quarterly sales and earnings forecasts.

Investors Business Daily

Cardinal Health, IBD Stock Of The Day, Stands Out As It Sets Up

Stock Of The Day: Cardinal Health and other medical plays stand out in the bear market. CAH stock is setting up near a buy point.

Investors Business Daily

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3 Stocks With Reasonable Upside Potential to Buy Now

The Fed’s determination to keep raising interest rates to bring inflation under control is increasing the odds of a recession. Although the stock market is expected to remain under pressure, Wall Street analysts expect a reasonable upside in McKesson Corporation (MCK), AmerisourceBergen Corporation (ABC), and TravelCenters of America (TA) in…

StockNews.com

3 Stocks With Growth Potential You Won't Want to Miss

The Federal Reserve’s single-minded battle against inflation is expected to keep the stock market volatile and the economy teetering on the brink of a recession. However, companies with resilient and profitable businesses might be able to endure the near-term challenges. Hence, we think it could be wise to invest in…

StockNews.com

S&P 500 Giant Leads 5 Stocks Showing Strength In Bear Market

S&P 500 giant Eli Lilly leads five medical stocks setting up and showing relative strength in the ongoing bear market.

Investors Business Daily

Relative Strength Wasn't Enough For MCK Stock

Relative strength helps find winners when markets turn. But don't forget about this element to protect yourself from losses.

Investors Business Daily

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Trump Ally Dr. Oz Hyped Unapproved 'Covid Cures' From Companies He Owns Shares Of

Republican Pennsylvania Senate candidate Dr. Mehmet Oz owns shares of two companies he publicly supported, touting their drugs as potential Covid-19 treatments — even though the drugs weren't approved by the U.S. Food and Drug Administration (FDA).

Benzinga

2 Undervalued Stocks With Solid Growth Potential

As the elevated inflation and a potential hawkish Fed could keep the market under pressure, investing in McKesson (MCK) and ADT (ADT), which possess solid growth prospects and are currently trading at discounts to their peers, could be wise. Read on….

StockNews.com

Warren Buffett Boldly Loads Up On 4 Of His Best Stocks

Warren Buffett likes to talk about buying more S&P 500 stocks when they're cheaper. But it turns out he's human, too.

Investors Business Daily

Illinois Senate President Don Harmon, other pols keep taking money from pharma companies implicated in opioid crisis

The Oak Park Democrat continues to accept campaign money from Johnson & Johnson, 1 of 4 companies paying $26 billion to settle suits accusing them of fueling the crisis. He’s not the only Illinois official doing so.

Chicago Sun-Times

Stock Market Rally Mixed As Oil Prices Fall, Job Growth Hot: Weekly Review

The stock market rally had mixed action, with the Nasdaq and small caps rising while the S&P 500 and oil prices fell.

Investors Business Daily

Dow Jones Futures: Apple Leads Risk-On Market Rally; Big Earnings Movers

Apple, tech titans and Ark-style growth stocks led a risk-on market rally. Albemarle was among earnings movers near buy points.

Investors Business Daily

Stock Market Adds To Summer Gains Despite Obstacles; eBay And McKesson On Deck

The Nasdaq composite is leading once again, rising 2.7%.

Investors Business Daily

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The Independent UK

WVa cities, counties reach $400M settlement with drug firms

West Virginia cities and counties have reached a $400 million tentative settlement with three major U.S. drug distributors

Investors Business Daily

Dow Jones Wavers Ahead Of Key Fed Meeting; WWE Stock Does This Amid Vince McMahon Scandal

The Dow Jones wavered amid mixed action ahead of the latest Fed meeting. WWE stock passed a key level after CEO Vince McMahon quit.

Investors Business Daily

Red-Hot Medical Stock McKesson Tacks Onto Its 35% Gain With A Brief Breakout

McKesson stock briefly broke out Monday after the drug distributor raised its dividend and announced a new deal for a cancer-related drug.

Investors Business Daily

Dow Jones Futures: Market Rallies Back As Fed Hawks Say This; Tesla Rival Soars

Once again, stocks rallied off lows, as hawkish Fed members took a dovish tone. But it's a tough market. Tesla rival BYD jumped on guidance.

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Investors Business Daily

Dow Jones Futures Fall Sharply As Fed Ready For 'Everything'; JPMorgan Earnings Miss

Futures signaled sharp losses for the market rally amid weak JPMorgan earnings and views for a massive Fed rate hike. Tesla's AI chief has left.

Investors Business Daily

Dow Jones Futures: Market Rally Set To Fall As China Fears Return; Elon Musk-Twitter Saga Far From Over

The market rally faces a test amid renewed China concerns. Tesla CEO Elon Musk moved to end the Twitter takeover.

Investors Business Daily

IBD Stock Of The Day McKesson Leads Wholesaler Rally, Nears A Breakout

McKesson is the IBD Stock Of The Day. A drug wholesaler rally is sending McKesson stock near a breakout. Rivals are also on the rise.

Investors Business Daily

Vertex, WWE, KO Stock Among 25 Names On IBD Breakout Stocks Index

As the market regroups, 25 names — including Vertex, WWE, Li Auto and KO stock — make the IBD Breakout Stocks Index.

Investors Business Daily

Northrop Grumman Leads 5 Defensive Plays Going On Offense; All Are Near Buy Points

Northrop Grumman headlines five stocks that are near or just above buy points, with the mettle to withstand a recession.

Investors Business Daily

Dow Jones Futures Fall: Don't Feed The Bear Market; BYD Leaves Tesla In The Dust

Don't feed the bear market, prepare for the next bull run. Tesla deliveries fell sharply in Q2 with BYD on tap.

StockNews.com

3 Winning Healthcare Stocks to Buy for the Rest of the Summer

Increased health awareness and the rapidly aging population are expected to drive the growth of healthcare companies. Healthcare stocks Cigna Corp. (CI), Humana (HUM), and McKesson Corp. (MCK) have bucked the market downtrend and are in momentum. Since the market is expected to remain under pressure in the near term,…

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