U.S. Drug distributors propose $10 billion to end state lawsuits over opioids: Bloomberg [Reuters]
Last amerisourcebergen corp earnings: 1/30 06:30 am
Check Earnings Report
US:NYSE Investor Relations: investor.amerisourcebergen.com/investors
U.S. Drug distributors propose $10 billion to end state lawsuits over opioids: Bloomberg (Reuters) - Drug wholesalers AmerisourceBergen Corp ( ABC.N MCK.N CAH.N Hundreds of lawsuits by states and cities have been filed nationally accusing drugmakers of deceptively marketing opioids and distributors such as AmerisourceBergen Corp, Cardinal Health Inc and McKesson Corp of ignoring suspicious orders. Shares of AmerisourceBergen, McKesson and Cardinal Health were down about 5%. The National Association of Attorneys General, negotiating on behalf of more than 35 states, countered with a demand for $45 billion to cover costs, according to the Bloomberg report. “We regularly engage with the state attorneys general, but the company has made no settlement offers,” McKesson said in a statement. Cardinal Health and AmerisourceBergen did not immediately respond to Reuters’ request for comment. Reporting by Ankur Banerjee in Bengaluru; Editing by Shinjini Ganguli Our Standards: The Thomson Reuters
[Read more]
| Impact snapshot | Event time: | ABC | ||||
|---|---|---|---|---|---|---|
|
Last Price
|
Price Change
|
Price Change %
|
Volume Shares
|
Max Up
|
Max Down
|
Volume Ratio
%
|
Performance comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last price | ||
| VWAP | ||
|
High:
|
Max up |
High:
|
|
Low:
|
Max down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event Day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance Since Event
Time and Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
SIGN UP TODAY
Opt-in for
ABC alerts
ABC alerts
from News Quantified
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ABC alerts
High impacting AmerisourceBergen Corp news events
Weekly update
A roundup of the hottest topics
ABC
News
- Week Ahead in Products Liability: July 26, 2021 [Reuters]Reuters
- J&J and three drug distributors unveil $26-billion opioid deal with states [Los Angeles Times (CA)]Los Angeles Times
- U.S. state officials urge support for landmark $26 billion opioid settlement [Reuters]Reuters
- U.S. state officials urge support for landmark $26 bln opioid settlement [Financial Post (Toronto, Ontario, Canada)]Financial Post
- State AGs urge support for landmark $26 billion opioid settlement [Reuters]Reuters
- More
ABC
SEC Filings
- 7/23/21 - Form 8-K
- 7/21/21 - Form 4
- 7/20/21 - Form 4
- ABC's page on the SEC website
- More