Wednesday, April 25, 2007

UPDATE 2-AmerisourceBergen quarterly profit rises

(Reuters) - CHICAGO, April 25 - AmerisourceBergen Corp. reported higher quarterly profit on Wednesday as margins for its pharmaceutical distribution business increased.

The drug wholesaler, which late on Wednesday said the U.S. Drug Enforcement Administration had temporarily suspended its Orlando, Florida, distribution center's license to distribute DEA-controlled substances, posted net profit of $129.5 million, or 68 cents per share, for its fiscal second quarter, historically the company's strongest period.


Read more at Reuters.com Market News

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