McKesson Corp.: The San Francisco-based drug and...

McKesson Corp.: The San Francisco-based drug and heath-care products distributor reported that net income for the year edged up 4% to $100.6 million. Revenue rose 7.3% to $7 billion. For the fourth quarter, revenue increased 9% to $1.9 billion. Net income rose 12% to $25.4 million. Since 1985, McKesson has divested itself of businesses accounting for one-third of its revenue. The firm noted that its current businesses have roughly doubled in revenue, operating profit and investment during the period.