McKesson, a leading drug distributor, has reported a drop in profit for the latest quarter due to a significant charge associated with Rite Aid. However, the company has raised its outlook for the fiscal year. In the fiscal third quarter that ended on December 31, McKesson recorded a net income of $589 million, or $4.42 per share. This is a decrease from the previous year's net … [Read more...] about McKesson Reports Drop in Profit, Raises Outlook for Fiscal Year
