McKesson Maintains Steady Course with Medical-Surgical Supply Segment

Published 8 hours agoMCK

McKesson Maintains Steady Course with Medical-Surgical Supply Segment

As of May 8, 2025, there is no current indication that McKesson Corporation intends to spin off its medical-surgical supply business. The last major transaction involving this segment dates back to October 2006, when McKesson sold its acute-care medical and surgical supply distribution business to Owens & Minor, Inc.

Despite a lack of recent spin-off plans, McKesson's Medical-Surgical Solutions segment continues operations, servicing a range of healthcare facilities with medical supplies and solutions. Notably, in March 2023, McKesson Medical-Surgical Government Solutions secured a five-year U.S. Department of Veterans Affairs Federal Supply Schedule contract. This development highlights McKesson's active role in the healthcare supply chain.

Overall, McKesson appears to be integrating its medical-surgical supply business within its larger operational structure, as no recent announcements have been made about separating this segment. The company's focus remains on leveraging its strengths to maintain its position in the healthcare industry.

Share this article

Twitter Facebook LinkedIn

Recent Articles

Turtle Beach Faces 2025 Revenue Challenges Amid Tariffs and Product Innovations

Turtle Beach Faces 2025 Revenue Challenges Amid Tariffs and Product Innovations

30 minutes agoHEAR

Turtle Beach's financial outlook for 2025 is influenced by several key factors, according to recent industry analyses. While the exact revenue projections remain elusive, past performance gives a clue - the company reported revenues of $300 million in 2020 followed by $400 million in 2021. Analysts predict another rise, estimating revenues between $340 million and $360 million in 2025. Tariff challenges remain a significant concern as Turtle Beach imports a large portion of its products from Asia. These ongoing trade tensions could adversely affect their profit margins and pricing strategies, potentially complicating their financial landscape. Such challenges highlight the intricate global dependencies firms face today. Despite these hurdles, Turtle Beach continues to innovate, with new product launches like the anticipated 'Stealth 700 Gen 3' wireless headset expected to fuel growth. As Reuters reported, the company's technological advancements and fresh offerings aim to strengthen their position in the competitive gaming peripherals market. For the most precise information, consulting company press releases or official financial statements is recommended.

FIGS, Inc. Targets 9% EBITDA Margin by 2025 Amid Revenue Decline

FIGS, Inc. Targets 9% EBITDA Margin by 2025 Amid Revenue Decline

1 hours agoFIGS

FIGS, Inc. has set its sights on achieving an adjusted EBITDA margin of 9.0% to 9.5% for the full year 2025. However, the company expects a slight decline in net revenues due to less promotional activity and a possible reduction in active customer numbers, according to a report from Nasdaq. To counteract any potential impact from U.S. tariffs on Chinese imports, FIGS has strategically shifted its supply chain. Notably, the company sources its finished goods from countries outside China. Insider Monkey reports that FIGS also prioritizes operational flexibility, allowing it to adapt quickly to changes in trade policies while ensuring high product standards for healthcare professionals. Financially, FIGS ended 2024 with a robust balance sheet, boasting over $268 million in cash reserves and no debt. This strong financial position supports the company's ability to invest in growth strategies and fulfill shareholder returns, reinforcing its commitment to weathering economic shifts and maintaining long-term stability.

CoStar Group Sets Sights on Australia's Domain Holdings in $1.92 Billion Deal

CoStar Group Sets Sights on Australia's Domain Holdings in $1.92 Billion Deal

1 hours agoCSGP

CoStar Group, a leading U.S. real estate analytics company, has revealed plans to acquire Australian property listing representative, Domain Holdings. The proposed acquisition is valued at A$3 billion, or roughly $1.92 billion, including debt. This move positions CoStar to expand its presence in international real estate markets, as highlighted by Reuters. The acquisition offer includes a cash proposal of A$4.43 per share, marking an improvement over the initial offer of A$4.20. Following this announcement, shares of Domain rose by as much as 5.2%, and Nine Entertainment, Domain's largest shareholder, saw its stock jump 8.1%. Despite this development, REA Group, under the ownership of News Corp, is anticipated to maintain its market dominance in Australia’s property listings, according to Citi analysts. Pending approval from Domain's shareholders expected in mid-August, the acquisition may face regulatory examination by Australia's Foreign Investment Review Board, especially concerning national data sovereignty issues. CoStar's decision to bid on Domain aligns with its strategic shift from being purely a commercial real estate analytics provider to becoming a pivotal player in online property marketplaces.

Clean Energy Fuels Expands RNG Sales and Prepares for Cummins X15N Engine Launch

Clean Energy Fuels Expands RNG Sales and Prepares for Cummins X15N Engine Launch

1 hours agoCLNE

Clean Energy Fuels Corp. recently reported significant growth in renewable natural gas (RNG) sales, alongside planning for future opportunities with the upcoming Cummins X15N engine. In the fourth quarter of 2024, Clean Energy sold 62.0 million gallons of RNG, representing an 8.8% rise from the same period the year before. Over the full year, the company achieved a 4.9% increase in RNG sales, totaling 236.7 million gallons, according to details shared at their investor relations site. This growth comes as Clean Energy gears up for the anticipated end-of-2024 launch of the Cummins X15N, a 15-liter natural gas engine specifically designed for heavy-duty trucks. The company predicts that more than 25 fleets will adopt this engine in 2025, contributing to an estimated fuel usage of 3 to 5 million gallons. To support this rollout, Clean Energy plans to spend up to $104 million in developing anaerobic digestion RNG production facilities, which will supply the necessary fuel for these engines. Clean Energy Fuels is emphasizing its strategy to drive further adoption of RNG and capitalize on the introduction of the Cummins X15N to strengthen sustainable transportation efforts. This initiative is part of a broader push to integrate cleaner fuel technologies and build a robust infrastructure to meet the evolving needs of the transport sector.