Earnings Call Insights: McKesson (MCK) Q4 fiscal 2026 Management View "Earlier today, we reported a good fourth quarter that caps a year of strong performance," said (CEO & Director Brian Tyler). "In our fiscal 2026, we grew adjusted earnings per diluted share by 18%... Our operating cash flow of $6.2 billion was strong and exceeded our plans. We returned $5.1 billion to shareholders." "One year a...
Earnings Call Insights: McKesson (MCK) Q4 fiscal 2026 Management View "Earlier today, we reported a good fourth quarter that caps a year of strong performance," said (CEO & Director Brian Tyler). "In our fiscal 2026, we grew adjusted earnings per diluted share by 18%... Our operating cash flow of $6.2 billion was strong and exceeded our plans. We returned $5.1 billion to shareholders." "One year ago, we announced the plan to separate our Medical-Surgical Solutions segment into an independent company," said (CEO Tyler). "Since then, we've made significant progress... executed on financing transactions and signed an agreement to welcome Apollo as a minority interest investor... we're confident that it will unlock shareholder value and create strategic clarity for both organizations." "During the quarter, we announced the planned retirement of Britt," said (CEO Tyler). "As planned, Britt will continue to support the team through the CFO transition... He'll also serve as a strategic adviser." "We continue to see strong growth in specialty medications," said (CEO Tyler). "We added more than 570 providers in fiscal '26... Ambient Scribe technology is now used by more than 1,900 providers." "This year, we delivered the most successful season to date, supporting a record number of 3.4 million patients," said (CEO Tyler). "Recently, we launched an industry-first integrated specialty access and affordability solution designed to address the fragmentation that often delays starting a treatment." "We delivered robust growth across our Core strategies," said (Executive VP & CFO Britt Vitalone). "For the full year, consolidated revenues reached $403 billion... adjusted earnings per diluted share increased 18% to $39.11." Outlook "We anticipate adjusted earnings per diluted share to be in the range of $43.80 to $44.60 in fiscal '27," said (CEO Tyler). "For fiscal 2027, we're establishing an adjusted earnings per diluted share guidance range of $43.80 to $44.60," said (CFO Vitalone...
(RTTNews) - The Australian stock market is trading sharply lower on Friday, reversing some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in minin
(RTTNews) - The Australian stock market is trading sharply lower on Friday, reversing some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in minin
(RTTNews) - The China stock market has moved higher in four straight sessions, collecting more than 100 points or 2.5 percent along the way. The Shanghai Composite Index now sits just above the 4,180-point plateau although the rally may stall on Friday.
(RTTNews) - The China stock market has moved higher in four straight sessions, collecting more than 100 points or 2.5 percent along the way. The Shanghai Composite Index now sits just above the 4,180-point plateau although the rally may stall on Friday.
When a deadly blast rocked a small town in central China this week, killing 26 and injuring 61, hundreds of fireworks factories in the surrounding area were in peak production season for overseas orders, including for the 250th anniversary of American independence on July 4, industry insiders said. They added that fireworks producers in Liuyang, Hunan province – often called the “fireworks capital...
When a deadly blast rocked a small town in central China this week, killing 26 and injuring 61, hundreds of fireworks factories in the surrounding area were in peak production season for overseas orders, including for the 250th anniversary of American independence on July 4, industry insiders said. They added that fireworks producers in Liuyang, Hunan province – often called the “fireworks capital of the world” – were rushing to fill orders before a mandatory production ban from June to August...
A young woman tourist in China died after falling from a “cliff swing” ride after her warning that the safety rope was not tied tightly enough was ignored. The heart-wrenching accident went viral on mainland social media and was viewed more than 200 million times. It sparked public rage and calls for safety supervision for adventure activities to be strengthened. On May 5, the municipal government...
A young woman tourist in China died after falling from a “cliff swing” ride after her warning that the safety rope was not tied tightly enough was ignored. The heart-wrenching accident went viral on mainland social media and was viewed more than 200 million times. It sparked public rage and calls for safety supervision for adventure activities to be strengthened. On May 5, the municipal government of Huaying in southwestern China’s Sichuan province issued a statement that the tourist, surnamed...
Adani Group’s push into green-powered data centers is driving gains in its energy units, which have become one of the few artificial intelligence trades in India. The conglomerate’s plan to invest $100 billion by 2035 to develop AI-ready data centers is positioning it as a potential supplier for hyperscalers. That, alongside India’s record electricity demand , has lifted Adani Green Energy Ltd.’s ...
Adani Group’s push into green-powered data centers is driving gains in its energy units, which have become one of the few artificial intelligence trades in India. The conglomerate’s plan to invest $100 billion by 2035 to develop AI-ready data centers is positioning it as a potential supplier for hyperscalers. That, alongside India’s record electricity demand , has lifted Adani Green Energy Ltd.’s shares nearly 70% this quarter, while Adani Energy Solutions Ltd. and Adani Power Ltd. ’s surged about 50% each, outpacing the BSE’s power gauge . “Adani Group is a good proxy for playing AI infrastructure in India,” said Abhay Agarwal , founder of Piper Serica Advisors Pvt. “India needs hundreds of gigawatts of data centers and the only group that is going all out is Adani.” India’s limited presence in pure-play AI risks driving more global money to markets such as Taiwan and South Korea, which host leading chipmakers and hardware suppliers. That dynamic is boosting the appeal of proxy plays like Adani, which has pledged to be a world leader in green data storage and has resources that form the backbone of AI. India’s local institutional investors, including mutual funds, banks and insurance companies, increased stakes in the group’s power-related stocks over the January-March quarter, according to BSE Ltd. data compiled by Bloomberg. Adani’s data center push is centered on AdaniConneX Pvt. , which has outlined plans to build 5 gigawatts of capacity by 2035. The company is partnering with Alphabet Inc.’s Google for the US tech giant’s $15 billion data center in India. Its billionaire founder Gautam Adani is also in talks with Meta Platforms Inc. and Walmart Inc.’s Flipkart for partnerships in this space. “The Adanis have started with complete renewable power to feed data centers, as against thermal power in the West,” said Deven Choksey , managing director at DRChoksey FinServ. “They are going to be the game-changers.” India’s data center power demand will grow almost five...