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Accounting firms and audit committees focus on ESG for Earth Day

The profession is turning its attention increasingly toward environmental matters to help clients adjust to new demands for climate and sustainability reporting. ....

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ISSB proposes climate sustainability standards

The board unveiled two proposed for general sustainability-related and specific climate-related disclosure requirements. ....

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Owens & Minor Spikes on Big Quarterly Beat

Owens & Minor Spikes on Big Quarterly Beat
TheStreet
2/24/2021
© TheStreet
Owens & Minor Spikes on Big Quarterly Beat
Shares of medical supply maker Owens & Minor Inc. jumped more than 30% Wednesday after topping analysts fourth quarter expectations by a wide margin.
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The Mechanicsville, Virginia company reported before Wednesday s open adjusted profits of $79.8 million, or $1.14 per share, on revenue of $2.36 billion. Analysts were expecting earnings of just 85 cents per share on revenue of $2.2 billion.
In the midst of the pandemic, we utilized the Owens & Minor s disciplined business process to drive productivity and improve our customers experience. Specifically, we enhanced our Americas based vertically integrated manufacturing capabilities to address our customers current and future needs for our market leading broad-based products and services, said CEO Edward Pesicka. ....

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