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Business Wire
03-07-2025
- Business
- Business Wire
Cencora Announces Date and Time for Third Quarter Fiscal 2025 Earnings Release
CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Cencora, Inc. (NYSE: COR) today announced that it plans to release its results for the Third Quarter of Fiscal 2025 on Wednesday, August 6, 2025, prior to the opening of trading on the New York Stock Exchange. The Company will host a conference call to discuss the results at 8:30 a.m. ET on August 6, 2025. Participating in the conference call will be: Robert P. Mauch, President & Chief Executive Officer James F. Cleary, Executive Vice President & Chief Financial Officer The live call will be webcast via the Company's website at Users are encouraged to log on to the webcast approximately 10 minutes in advance of the scheduled start time of the call. To access the call via telephone from within the United States and Canada, dial +1 (833) 470-1428. From outside the United States and Canada, dial +1 (404) 975-4839. The access code for the call will be 015103. Replays of the call will be made available via telephone and webcast. A replay of the webcast will be posted on approximately one hour after the completion of the call and will remain available for one year. The telephonic replay will also be available approximately one hour after the completion of the call and will remain available for 7 days. To access the telephonic replay from within the United States and Canada, dial +1 (866) 813-9403. From outside the United States, dial +1 (929) 458-6194. The access code for the replay is 676245. Please check the website for updates regarding the timing of the live webcasts and for replay information. About Cencora Cencora is a leading global pharmaceutical solutions organization centered on improving the lives of people and animals around the world. Cencora partners with pharmaceutical innovators across the value chain to facilitate and optimize market access to therapies. Care providers depend on Cencora for the secure, reliable delivery of pharmaceuticals, healthcare products, and solutions. Cencora's 51,000+ worldwide team members contribute to positive health outcomes through the power of Cencora's purpose: Cencora is united in its responsibility to create healthier futures. Cencora is ranked #10 on the Fortune 500 and #18 on the Global Fortune 500 with more than $290 billion in annual revenue. Learn more at
Hindustan Times
02-07-2025
- Business
- Hindustan Times
B-school graduates a preferred choice for employers for strategic thinking despite AI boom, claims survey
Artificial Intelligence (AI) might be becoming more integral in a company's decision-making and strategy development but employers still continue to turn to business school graduates for their versatility and strategic thinking, according to a new survey by Graduate Management Admission Council (GMAC). Employers continue to turn to business school graduates for their versatility and strategic thinking, despite AI being integral in a company's decision-making and strategy development. (Unsplash) Employers might be reporting ongoing influence of inflation and recession fears on their hiring decisions but recent business school graduates can remain optimistic about their career prospects, buoyed by the accelerating integration of AI across the landscape, the survey has found. Also read: UPSC CAPF ACs 2025 exam timetable released at check schedule here The annual survey of global corporate recruiters by GMAC has found that problem-solving and strategic thinking remain the top skills employers desire today. In addition, new hires' knowledge of using AI tools has risen measurably in its current importance in the average employer's mind since last year, and it tops the list of the skills employers will value the most five years from now. "As AI becomes more integral in a company's decision-making and strategy development, employers continue to turn to business school graduates for their versatility and strategic thinking, along with growing appreciation for their ability to innovate and navigate the challenges and opportunities of technological disruption," says Joy Jones, CEO at GMAC. Also read: JNU to conduct entrance exam for two PhD courses not covered under UGC-NET, check details "I give kudos to business schools' intentional cultivation of these relevant skills in their students, who stand out even more as valuable contributors and future leaders in the ever-evolving business world," Jones added. This year's survey was conducted with a total of 1,108 corporate recruiters and hiring managers — nearly two-thirds of them with Global Fortune 500 companies participating from organisations and staffing firms in 46 countries. According to the survey, an overwhelming 99 per cent of global employers express confidence in business schools' ability to prepare graduates for success within their organisations. Moreover, nearly two-thirds affirmed that the skills gained through a graduate business degree are more critical than ever, as companies increasingly adopt emerging tech. "As flexibility in work and learning becomes a norm, business school graduates with degrees or credentials earned in-person or remotely should feel empowered that their employability continues to outperform those without an advanced management degree, especially when they understand and underscore how they are skilled in strategic thinking, problem-solving, and communications alongside technological savvy," said Christine Murray, Associate Dean at Georgetown University's McDonough School of Business. For more than two decades, the Corporate Recruiters Survey has provided the world's graduate business schools and employers with data and insights to understand current trends in skill demand, hiring, compensation and perceptions of MBA and business master's graduates. This year's survey was in the field from January to March. Also read: UP Board Class 10th, 12th compartment exam 2025 dates out, check schedule here According to the findings, more than half of global employers cite the value of communication skills in their hiring decisions, with employers also valuing candidates' emotional intelligence and adaptability in their current and future hiring decisions. "56 per cent of global employers agree or strongly agree that the skills gained through a business degree are more important than before for businesses using remote or hybrid working arrangements and roughly the same percentage also agree or strongly agree that they value graduates of online or predominantly online and in-person programs equally," the survey report said.
Yahoo
10-06-2025
- Business
- Yahoo
BofA Clients Embrace New $10 Million Limit in U.S. Real-Time Payments
NEW YORK, June 10, 2025 /PRNewswire/ -- Recent action from The Clearing House to increase the transaction limit on real-time payments from $1 million to $10 million is fueling new use cases in business-to-business payments among Bank of America clients. The bank is one of the first financial institutions to enable its corporate customers to send payments up to the new transaction limit. As one of the owners of The Clearing House, Bank of America played a significant role in developing the RTP® network in consultation with peer banks, technology firms and the U.S. Federal Reserve. "Our clients have been using RTP to pay vendors, employees and customers, but the larger cap has opened up use cases for different kinds of transactions, such as real estate and deal closings and other corporate activity," said AJ McCray, head of Global Payments Products, Global Payments Solutions (GPS) at Bank of America. In the first six weeks since the transaction limit was raised, BofA corporate clients have increasingly taken advantage of the limit increase, with transactions over $1 million now accounting for more than half the value of all U.S. real-time payments the company is processing. "The instant nature of real-time payments is a huge advantage for optimizing working capital and cashflow," said Jay Davenport co-head of GPS Global Corporate Sales at Bank of America. "RTP payments embody some of the most commonly requested features from our customers – convenience, transparency and resiliency." Key features of the RTP network The network operates 24 hours, 7 days a week including holidays and weekends. Payments are settled immediately, regardless of time of day. The originator of a payment has transparency into the status of transaction, including whether it has been accepted or rejected. The recipient receives a payment within seconds. RTP uses ISO 20022, the international standard for financial messaging. This robust message standard offers multiple options for the originator to incorporate detailed remittance information with the payment. As real time payment adoption continues to rise, companies can explore new applications such as just-in-time supplier payments, complete real-estate transactions, and account to account money movement. Bank of America serves 94% of the Fortune 500 and 73% of the Global Fortune 500. Besides U.S. RTP network connectivity, these clients can take advantage of the full range of payment capabilities such as commercial card, ACH, wire and transactional FX solutions, in addition to the bank's own innovations, Recipient Select and Digital Disbursements. Bank of AmericaBank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC). For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts. Reporters may contact: Louise Hennessy, Bank of America Phone: View original content to download multimedia: SOURCE Bank of America Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
28-05-2025
- Business
- Business Wire
Cencora Elects Lori J. Ryerkerk to Its Board of Directors
CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Cencora, Inc. (NYSE: COR) today announced that its Board of Directors has elected Lori J. Ryerkerk as a new independent director, effective June 1, 2025. 'Ms. Ryerkerk's experience in complex, global supply chains will further strengthen the Board's expertise as we continue supporting the company's long-term growth. Her appointment reflects the Cencora Board's ongoing commitment to leaders who can help us contribute to driving stakeholder value,' said Mark Durcan, Lead Independent Director. 'Lori's experience as a public company CEO, leading a global specialties chemical company with extensive operations and logistics, will bring valuable insight as we execute against our strategy and build on our leadership as an end-to-end healthcare services provider,' said Robert P. Mauch, President and Chief Executive Officer of Cencora. Ms. Ryerkerk is the former Chairman, President and Chief Executive Officer of Celanese. She joined Celanese in 2019 and became Chairman in 2020. Prior to her role with Celanese, Ms. Ryerkerk spent over 25 years in manufacturing operations leadership roles, including Executive Vice President of Global Manufacturing at Shell Downstream Inc. She also currently serves on the Board of Directors of Eaton Corp. and Norfolk Southern. Ms. Ryerkerk earned her B.S. in Chemical Engineering from Iowa State. About Cencora Cencora is a leading global pharmaceutical solutions organization centered on improving the lives of people and animals around the world. We partner with pharmaceutical innovators across the value chain to facilitate and optimize market access to therapies. Care providers depend on us for the secure, reliable delivery of pharmaceuticals, healthcare products, and solutions. Our 51,000+ worldwide team members contribute to positive health outcomes through the power of our purpose: We are united in our responsibility to create healthier futures. Cencora is ranked #10 on the Fortune 500 and #18 on the Global Fortune 500 with more than $290 billion in annual revenue. Learn more at
Daily Express
02-05-2025
- Business
- Daily Express
Weaker Petronas undermines Malaysia's geoeconomic strength, says Wan Fayshal
Published on: Friday, May 02, 2025 Published on: Fri, May 02, 2025 By: FMT Reporters Text Size: Petronas, one of the world's leading oil companies, operates in over 50 countries, with major oil, gas and LNG projects across Africa, South America, Canada and the Asia-Pacific. (Reuters pic) PETALING JAYA: While the Petroleum Development Act 1974 (PDA) has provided a solid foundation for generating revenue to support national development, emerging geoeconomic challenges—including Donald Trump's trade war—necessitate its further strengthening, says an opposition leader. Machang MP Wan Ahmad Fayhsal Wan Ahmad Kamal said Petronas, as Malaysia's leading geoeconomic institution, requires strong backing to sustain its pivotal role as a long-term global player, over and above its role in contributing to the treasury. 'Petronas doesn't just generate revenue for the country, it has also developed talent, expertise, and strong diplomatic channels for Malaysia to expand abroad. 'It is the only homegrown multinational corporation (MNC) to have grown into a transnational corporation, with operations in more than 50 countries, and is one of the most important sources of revenue for our country,' he told FMT. He said Petronas has also created numerous opportunities for other Malaysian businesses by introducing them to new markets. 'Petronas is not content with just being a local player as they have proven their worth in playing in bigger fields outside, such as Africa and South America. 'Whenever Petronas expands abroad, it also opens doors for our SMEs to penetrate those markets because we have a national champion acting as our 'battering ram', pushing Malaysia's interests aggressively overseas,' he said. Petronas operates in over 50 countries, with major oil, gas and LNG projects across Africa, South America, Canada and the Asia-Pacific, cementing its reputation as one of the world's leading national oil companies. Its extensive network of businesses and continued growth, coupled with a strict adherence to corporate governance requirements, has put it at No.167 on the Global Fortune 500 list, the only Malaysian company to make the cut. Regional significance Wan Fayhsal said the appreciation for Petronas's geoeconomic value extends beyond Malaysia to other Asean nations. 'As a former Petronas staff member, I know that when Indonesia faced the 1998 financial crisis, Petronas was one of the institutions that stepped in to help. 'The country (Indonesia) was hit hard, and Dr Mahathir Mohamad, (the late) Daim Zainuddin, and other Cabinet members (at the time) leveraged Petronas's resources to assist, including through the purchase of food supplies for our Indonesian neighbours,' he said. Wan Fayhsal said this was one example of how Petronas's contributions have gone beyond Malaysia's borders to benefit the wider region. He said the success of Petronas abroad has also enhanced Asean's reputation globally. 'When foreign businesses become familiar with Malaysian companies like Petronas, they are also more likely to engage with (our) Asean counterparts,' he said. Wan Fayhsal said Petronas has set a strong standard and model for Asean companies, demonstrating the region's potential to compete on the global stage. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
