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abc - abc STOCK NEWS

Welcome to our dedicated news page for abc (Ticker: abc), a resource for investors and traders seeking the latest updates and insights on abc.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect abc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of abc's position in the market.

Rhea-AI Summary
Cencora, Inc. (NYSE: COR) plans to release Q4 2023 results on November 2, 2023, before the opening of trading on NYSE. Conference call to discuss results at 8:30 a.m. ET. Webcast available on investor.cencora.com. Replays available via telephone and webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
-
Rhea-AI Summary
Cencora, Inc. completes name and stock ticker change, announces $5 million commitment to philanthropy
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
none
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Rhea-AI Summary
AmerisourceBergen Corporation (NYSE: ABC) announces election of Werner Baumann and Lauren M. Tyler as new independent directors, increasing the Board of Directors to twelve members, ten of whom are independent. Mr. Baumann, former Chairman and CEO of Bayer AG, and Ms. Tyler, currently Executive Vice President of J.P. Morgan Asset and Wealth Management, bring extensive experience in multinational companies and finance to oversee long-term sustainable growth at AmerisourceBergen.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
Tags
management
Rhea-AI Summary
Walgreens Boots Alliance (WBA) Announces Sale of AmerisourceBergen (ABC) Shares and Concurrent Share Repurchase, Generating $1.6 Billion in Current Proceeds. The sale was executed through prepaid variable share forward transactions, providing liquidity while maintaining the ability to participate in potential stock price appreciation. The proceeds will be used for debt paydown and general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.15%
Tags
none
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Rhea-AI Summary
AmerisourceBergen Corporation (NYSE: ABC) has announced a registered public offering of 10.5 million shares of common stock in connection with Walgreens Boots Alliance Holdings LLC. The offering will be conducted through Goldman Sachs & Co. LLC. The Company will not receive any proceeds from the sale of shares, and the underwriter may offer the shares in various transactions. The offering is expected to close on or about August 8, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.15%
Tags
buyback offering
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Rhea-AI Summary
AmerisourceBergen Corporation reports an 11.5% increase in revenue to $66.9 billion for the third quarter of fiscal year 2023. GAAP diluted EPS is $2.35, while adjusted diluted EPS is $2.92. The company raises its adjusted diluted EPS guidance range to $11.85 to $11.95 for fiscal 2023. AmerisourceBergen will change its name to Cencora and trade under the ticker symbol 'COR' starting August 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
buyback
Rhea-AI Summary
Walgreens Boots Alliance has sold shares of AmerisourceBergen Corporation for $644 million through variable prepaid forward transactions. They have also entered into a share repurchase agreement with AmerisourceBergen for $50 million. The proceeds will be used for debt paydown and general corporate purposes. The sale has no impact on the long-term partnership between the two companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
none
abc

NYSE:ABC

ABC Rankings

ABC Stock Data

36.15B
169.43M
16.68%
78.92%
3.5%