McKesson Corporation
Pharmaceutical Company and Company
Borders, Barnes & Noble Book LossesAfter hours: Kraft Foods, Myriad Genetics, and Charles River shares fall; HealthSouth beats. After hours: Peet's, Panera Bread, Visa, and McKesson beat; Massey Energy misses. Exxon and Chevron release third quarter results Google,... In this article: Barnes & Noble, Borders, Asia, Europe, Recession, Unemployment, McKesson, Exxon, Myriad Genetics, and Massey Energy |
-
L.A. Times - Business | November 20, 2009
Business Briefing
...nearly 10 years ago in one of the costliest corporate accounting scandals of the time. A federal jury in San Francisco convicted former McKesson Corp. Chairman Charles McCall but acquitted former General Counsel Jay Lapine. The two...
In this article: Blackstone Group, Revenue, McKesson Corp., Microsoft Corp, San Francisco, Frozen vegetables, Unemployment, Birds Eye, and Tim's Cascade Snacks
-
Reuters | November 19, 2009
No hospital savings with electronic records-US study
...electronic medical records affects companies like Microsoft Corp <MSFT.O> and Google Inc <GOOG.O> to others such as McKesson Corp <MCK.N> and Allscripts Misys Healthcare Solutions Inc <MDRX.O>. National government standards for many health...
In this article: Harvard University, U.S., Inflation, Medicare, McKesson Corp, Harvard Medical School, and Physicians for a National Health Program
-
Securities Docket | November 19, 2009
Former McKesson Chairman McCall Convicted of Securities Fraud
By Securities Docket on November 19, 2009, 10:43 pm Charles McCall, former chairman of McKesson Corp., was was convicted today on charges of securities fraud and circumventing accounting rules. A He was also acquitted of falsifying...
In this article: McKesson Corp, Revenue, and HBO
-
Reuters | November 19, 2009
McKesson ex-chairman convicted of securities fraud
The former chairman of drug distributor McKesson Corp was convicted on Thursday in federal court of securities fraud related to a $9 billion accounting scandal, three years after charges from an earlier case resulted in acquittal and a...
In this article: McKesson Corp, HBO, Co-defendant, Revenue, Department of Justice, and Alexandria
-
washingtonpost.com | November 19, 2009
Ex-drug distributor chairman convicted of fraud
...10 years after he played a central role in one of the costliest corporate accounting scandals of the time. The jury convicted former McKesson Corp. chairman Charles McCall of four counts of securities fraud, plus a charge of evading...
In this article: McKesson Corp., HBO, San Francisco, Revenue, and Atlanta
-
AP Online | November 19, 2009
Former McKesson chairman convicted of fraud
SAN FRANCISCO (AP) - The former chairman of McKesson Corp. has been convicted of securities fraud after a retrial of a $9 billion accounting scandal case dating back a decade. A federal jury in San Francisco on Thursday found Charles...
In this article: McKesson Corp., San Francisco, Revenue, and Atlanta
-
bizjournals: Local Business News | November 18, 2009
IDB approves retention program, tax abatements for McKesson, American Esoteric
...Board approved a retention program as well as payment-lieu-of-taxes abatements Wednesday for McKesson Corp. and American Esoteric Laboratories. McKesson, which currently has six operations and 813 employees in Memphis, could invest up to...
-
bizjournals: Local Business News | November 13, 2009
McKesson Corp. could invest $186M in Memphis
Friday, November 13, 2009, 5:08pm CST McKesson Corp. could invest $186M in Memphis Memphis Business Journal - by Andy Ashby Staff writer The Memphis and Shelby County Industrial Development Board will consider passing a retention...
In this article: McKesson Corp., Memphis, Supply chain, San Francisco, and U.S.
-
Centre Daily Times | November 04, 2009
Acacia Subsidiary Authorizes McKesson to Use Document Generation Technology
...Research Corporation (Nasdaq: ACTG) announced today that its Document Generation Corporation subsidiary has entered into an agreement with McKesson Information Solutions LLC covering a portfolio of patents that apply to document generation...
In this article: Safe harbor, Private Securities Litigation Reform Act of 1995, McKesson, ACTG, and Nasdaq
-
Reuters | October 27, 2009
UPDATE 1-McKesson 2nd quarter profit down 8 percent
...totals $27.1 billion vs year-ago's $26.6 bln * Full year earnings outlook raised Pharmaceutical wholesaler McKesson Corp <MCK.N> reported an 8 percent drop in quarterly net profit on Tuesday, but raised its outlook for full-year...
In this article: McKesson Corp, Revenue, Fiscal year, Tax, and San Francisco
Trends
Loading...
More on McKesson Corporation
Description from Wikipedia:
McKesson Corporation (NYSE: MCK) is a large United States-based corporation specializing in the distribution of health care systems, medical supplies and pharmaceutical products. It is a Fortune Global 500 company, the 18th largest company in the United States and the single largest health care company in the world.
Founded in New York City as Olcott & McKesson by Charles Olcott and John McKesson in 1833, the business began as an importer and wholesaler of botanical drugs. A third partner, Daniel Robbins joined the enterprise as it grew, and it was renamed McKesson & Robbins following Olcott's death in 1853.
The company successfully emerged from one of the most notorious business and accounting scandals of the 20th century, which was a watershed event leading to major changes in auditing standards and security regulation following its discovery in 1938. From the middle of the 20th century, McKesson has derived a continually growing proportion of its income from medical technology rather than pharmaceuticals. This culminated in its purchase of medical information systems firm HBO & Company (HBOC) in 1999; the combined firm was briefly known as McKessonHBOC. Accounting irregularities at HBOC halved the share price and resulted in the dismissal and prosecution of many former HBOC executives, and the firm reassumed its original name in 2001. McKesson Technology Solutions, as the information technology branch of the company is now known, has continued to increase its market share through acquisitions, notably Per Se Technologies, RelayHealth, and Practice Partner.
- Name:
- McKesson Corporation
- Type:
- Public (NYSE: MCK)
- Location:
- San Francisco, California
- Founded:
- New York City
- Stock Symbol:
- MCK
- Industry:
- Health care
- Key People:
-
- Jeffrey Campbell, CFO
- Randy Spratt, CIO
- John Hammergren, Chairman & CEO
- Products:
- Pharmaceuticals, Personal & Household Products, Healthcare Technology, Healthcare Services
- Revenue:
- $101.7 billion (2008)
- Motto:
- Empowering Healthcare
Explore everything named McKesson Corporation...