Welcome to our dedicated page for Cencora news (Ticker: COR), a resource for investors and traders seeking the latest updates and insights on Cencora stock.
Cencora, Inc. (NYSE: COR) generates frequent news and disclosures that reflect its role as a large pharmaceutical solutions and distribution company. Its press releases and earnings announcements highlight how the organization partners with pharmaceutical innovators, supports care providers with secure and reliable delivery of pharmaceuticals and healthcare products, and advances its pharmaceutical-centric strategy across U.S. and international markets.
Investors and healthcare professionals following Cencora news can expect regular updates on quarterly and annual financial results, including detailed discussions of revenue trends, gross profit, operating income, and adjusted non-GAAP metrics for its U.S. Healthcare Solutions and International Healthcare Solutions segments. The company also issues announcements about earnings release dates and conference calls, providing access information for live webcasts and replays.
Cencora’s news flow often covers strategic transactions and investments, such as the acquisition of Retina Consultants of America (RCA) and the agreement to acquire additional equity interests in OneOncology, a physician-led oncology platform. These updates explain how such moves are intended to strengthen specialty solutions, enhance research and clinical trial capabilities, and support community-based care. Other releases describe investments in the distribution network, including plans for a second national distribution center and expanded cold chain capacity.
Corporate governance and board developments are another recurring theme, with announcements about board appointments, leadership transitions, and committee actions. In addition, Cencora issues news on specialty data and analytics offerings through IntrinsiQ Specialty Solutions, including expanded oncology biomarker data and insights for manufacturers and physicians.
By monitoring Cencora’s news page, readers can track financial performance, capital allocation decisions, specialty care initiatives, board-level changes, and data-driven solutions that shape the company’s role in the healthcare and pharmaceutical distribution landscape.
CoreSite Realty Corporation (NYSE:COR) announced its participation in two upcoming virtual investor conferences. The first event is the Raymond James 42nd Annual Institutional Investors Conference on March 1st, where CFO Jeff Finnin will present at 10:50 a.m. ET. The second conference is the 2021 Virtual Citi Global Property CEO Conference on March 10th, with CEO Paul Szurek presenting at 2:45 p.m. ET. Investors can access the live presentations via the Investor Relations section of CoreSite’s website, www.CoreSite.com, where replays will also be available.
CoreSite Realty Corporation (NYSE:COR) reported strong financial results for 2020, with operating revenues of $606.8 million, up 6.0% year-over-year. However, net income per share decreased by $0.10 to $1.95. Adjusted EBITDA rose 5.3% to $324.5 million, and Funds From Operations (FFO) increased 4.1% to $5.31 per diluted share. The company signed a record $37.6 million in annualized GAAP rent and delivered 192,000 net rentable square feet of data center capacity. For 2021, CoreSite projects revenue between $642 million and $652 million, indicating continued growth.
CoreSite Realty Corporation (NYSE:COR) has announced the appointment of Michael Millegan as an independent director effective February 1, 2021. Millegan, founder of Millegan Advisory Group 3 LLC, brings extensive experience from his tenure as President of Verizon Global Wholesale and serves on multiple boards, including Portland General Electric Company. Additionally, long-serving directors James A. Attwood, Jr. and J. David Thompson will not seek reelection at the upcoming Annual Meeting on May 19, 2021, marking a transition in leadership.
CoreSite Realty Corporation (NYSE:COR) announced the launch of direct fiber connectivity to Google Cloud via Dedicated Interconnect at its Reston, Virginia data center. This addition enhances enterprise-grade connectivity options, addressing the needs for high data processing and low-latency connections. The company also expanded its internet peering capabilities to include Google Cloud, providing greater flexibility for customers with multi-cloud architectures. Overall, these moves aim to increase customer choice and value while improving access to Google Cloud services across multiple locations.
CoreSite Realty Corporation (NYSE:COR) announced the federal income tax allocation for its 2020 common stock distributions. In total, 64.2667% of distributions are taxable ordinary dividends, while 35.7333% are non-dividend distributions. For the year, the total distribution per share was $4.88, with taxable ordinary dividends amounting to $3.136216. The tax return for 2020 has yet to be filed, leading to potential variances in tax treatment compared to federal rules. Shareholders are advised to consult tax advisors for individual tax implications.
CoreSite Realty Corporation (NYSE:COR) has scheduled its fourth quarter 2020 earnings conference call on February 4, 2021, at 12:00 p.m. Eastern Time. Financial results will be released prior to market open on the same day. Investors can access the call by dialing 1-877-407-3982 (domestic) or 1-201-493-6780 (international). A replay will be available until February 11, 2021, through designated phone numbers and online. CoreSite provides high-performance data center, cloud, and interconnection solutions across eight major North American markets, serving over 1,350 customers.
CoreSite Realty Corporation (NYSE:COR) announced a cash dividend of $1.23 per share for Q4 2020, marking a 0.8% increase from the previous quarter's $1.22 dividend. The dividend payment is scheduled for January 15, 2021, for shareholders on record as of December 31, 2020. CoreSite continues to deliver secure, reliable, and high-performance data center, cloud, and interconnection solutions across key North American markets, serving over 1,350 enterprises and cloud providers.
CoreSite Realty Corporation (NYSE:COR) has enhanced its Any2Exchange® internet peering service, enabling multi-market peering for customers. The new setup includes Any2East across Boston, New York, Northern Virginia, and Washington D.C., and Any2West in Silicon Valley and Los Angeles, improving network reach and performance.
This enhancement allows clients to reduce transit costs, lower latency, and improve overall user experience, serving over 400 customers connected to the Any2Exchange® network.
CoreSite Realty Corporation (NYSE:COR) has enhanced its cloud networking capabilities at its Chicago data center. Customers can now provision AWS Hosted Connections up to 10Gbps via the CoreSite Open Cloud Exchange®, improving low-latency hybrid IT setups. Additionally, CoreSite opened CH2, a purpose-built data center in downtown Chicago, featuring 18 megawatts of total capacity. The company has also secured a 10.25% tax incentive for clients deploying in CH2 through the State of Illinois’ Data Center Investment program.
CoreSite Realty Corporation (NYSE:COR) has announced the opening of phase one of its new LA3 data center in downtown Los Angeles. The facility spans over 160,000 square feet and offers 18 megawatts of capacity, with the first phase providing 51,000 square feet and six megawatts. Designed for high resiliency, LA3 features optimized connectivity, a sustainable cooling system, and compliance with LEED and ENERGY STAR standards. This development strengthens CoreSite's presence in a high-demand market, enhancing access to a robust ecosystem of cloud and network services.