AmerisourceBergen (ABC) Tops Q1 EPS by 2c, Updates FY EPS Guidance

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UBS Cuts Price Target as AmerisourceBergen (ABC) Expects a Tough March Quarter

February 5, 2016 9:27 AM EST

UBS maintained a Buy rating on AmerisourceBergen (NYSE: ABC), and cut the price target to $110.00 (from $122.00), following the company's 1Q earnings report. On generic pricing, management seemed to agree that the March qtr of 2016 will be another tough comparison y-o-y, but that the comps start getting... More

AmerisourceBergen (ABC), Publix Enter Long-Term Distribution Agreement

February 4, 2016 7:07 AM EST

AmerisourceBergen Corporation (NYSE: ABC) and Publix today announced a long-term agreement encompassing the distribution of branded, generic and over-the-counter health and pharmaceutical products. The agreement also enables Publixs network of more than 980 pharmacy locations across the southeast to expand patient access to specialty medications.

Publix continues to push the boundaries of how our pharmacy business... More