Uncertainty, Change, and Pricing Headwinds Dominate Amerisource's Fiscal 3Q
Amerisource reported results and guidance for its fiscal third quarter that reflect a highly uncertain and tough operating environment for the drug wholesaler. Near-term issues have squeezed Amerisource’s overall profits as both buy-side and sell-side issues have created a vise for its product portfolio. While the quarterly results reflect a pressured near-term operating environment, we are confident the firm will thrive over the long term. Amerisource will remain a critical link within the phar...AmerisourceBergen is a pharmaceutical sourcing and distribution services company. The company's Pharmaceutical Distribution Services reportable segment provides pharmaceutical distribution and additional services to physicians who focus on a variety of disease states, especially oncology, and to other healthcare providers, including hospitals and dialysis clinics. Additionally, this segment provides data analytics, outcomes research, and additional services for biotechnology and pharmaceutical manufacturers. This segment also provides pharmacy management, staffing and additional consulting services, and supply management software to a variety of retail and institutional healthcare providers.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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