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Cencora, Inc. (NYSE: COR) is a premier global pharmaceutical solutions provider committed to enhancing healthcare delivery and improving lives worldwide.
As one of the top three pharmaceutical wholesalers in the United States, Cencora specializes in sourcing and distributing branded, generic, and specialty pharmaceutical products to a diverse range of clients, including retail chains, independent pharmacies, mail-order services, hospital networks, and healthcare providers. In collaboration with McKesson and Cardinal Health, Cencora dominates over 90% of the U.S. pharmaceutical wholesale market.
Beyond its robust domestic operations, Cencora has significantly expanded its international footprint. Notably, the acquisition of Alliance Healthcare in 2021 bolstered its presence in Europe, making it one of the leading drug wholesalers in the region.
Additionally, Cencora offers comprehensive commercialization services for pharmaceutical and medical device manufacturers. Its global specialty drug logistics division, World Courier, is renowned for its precision and reliability. The company also extends its expertise to animal health product distribution through MWI Animal Health.
Cencora's strategic partnerships and innovative solutions drive operational efficiency, cost control, and growth opportunities across the healthcare supply chain.
- Its pharmacy solutions enhance operational efficiency, cost control, growth opportunities, and patient safety.
- Provider solutions focus on improving operational efficiency, financial performance, and quality of care.
- Manufacturer solutions are designed to maximize success at every stage of the product lifecycle.
Recent achievements include a distribution agreement with Sapphiros, enhancing access to COVID-19 Antigen Rapid Tests and future diagnostic technologies in the U.S. market. This partnership is poised to bring innovative diagnostic solutions directly to patients, exemplifying Cencora's commitment to improving accessibility and convenience in healthcare.
Cencora’s mission is driven by a strong sense of purpose: 'We are united in our responsibility to create healthier futures.' Ranked #11 on the Fortune 500 and #24 on the Global Fortune 500, with annual revenues exceeding $250 billion, Cencora’s over 46,000 team members worldwide are dedicated to delivering positive health outcomes through their expertise and collaborative efforts.
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.
CoreSite Realty Corporation (NYSE:COR) reported third-quarter 2020 financial results, achieving operating revenues of $154.0 million, a 6.3% year-over-year increase. Net income rose to $0.50 per common diluted share, up $0.03 year-over-year. Funds From Operations (FFO) reached $1.33 per diluted share, marking a 3.9% annual growth. The company commenced 130 new leases totaling 33,233 NRSF and increased its 2020 net income guidance to $1.92 to $1.96 per share. CoreSite's balance sheet remains robust with $326.8 million in liquidity, enhancing its capacity for growth.
CoreSite Realty Corporation (NYSE:COR) will host its Q3 2020 earnings conference call on October 29, 2020, at 12:00 p.m. ET. Financial results will be released prior to market open on the same day. This call will be accessible via phone and a webcast on CoreSite's website. The company provides high-performance data center, cloud, and interconnection solutions across eight key North American markets, serving over 1,350 global enterprises and service providers.
CoreSite Realty Corporation (NYSE:COR) has joined the VMware Technology Alliance Partner program to enhance its data center solutions. This partnership aims to deliver VMware Cloud on Dell EMC across CoreSite’s national platform, simplifying digital transformation for enterprises. The collaboration focuses on improving performance and compliance for applications requiring low latency and robust security. CoreSite has a proven track record with over 1,350 customers, emphasizing its commitment to innovative cloud and interconnection services.
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