VISTA Today Daily News Business Briefs are concise stories that bring you up to date with what’s going on around Chester County.

AmerisourceBergen Corp Gets a Low Risk Rating from Morningstar

AmerisourceBergen Corp, has been given a rating of “A-“ by Morningstar making it a low default risk and opening the door for new investment.

While not all analysts agree, with Cowen and Company downgrading the stock from an “outperform” rating to a “market perform” rating with a revised target price of $121.00, many are equally as positive about the stock with most upgrading their target estimate to between $131 and $135 per share over the next twelve months.

Despite the mixed reception, AmerisourceBergen’s performance speaks for itself. Its last quarterly earnings report on April 30^th showed quarterly earnings of $1.45 per share, beating most analyst estimates of around $1.19.

The company, which provides pharmaceutical sourcing and distribution services to healthcare providers had revenue of $32.70 billion for the quarter, higher than the consensus estimate of $32.25 million, definitely making it a stock to watch.

West Pharmaceutical About to Join the S&P Midcap 400

West Pharmaceutical Services, based in Exton, is going to be a new member of the S&P Midcap 400 index, a key barometer for the U.S. mid-cap equities sector from the close of trading today.

West Pharmaceuticals which develops, manufactures, and markets components and systems for the packaging and delivery of injectable drugs, will replace Advent Software and get its well earned position in the S&P MidCap 400 Health Care Supplies Sub-Industry index.

Several other companies have qualified for the revised S&P rankings, including Advance Auto Parts entering the S&P 500 GICS Automotive Retail Sub-Industry index, and Jack in the Box will be added to the S&P MidCap 400 GICS Restaurants Sub-Industry index.

Trinseo Reduces its Environmental Footprint

Trinseo has published its fifth annual Sustainability and Corporate Social Responsibility Report.

The Berwyn based global manufacturer of plastics, latex and rubber has continued its trend of reducing its environmental footprint in 2014.

According to the report, compared with the previous year, Trinseo managed to reduce electricity use by 2%, total chemical emissions by 21%, volatile organic chemical emissions by 23%, non-VOC emissions by 21%, and waste by 37%.

Chris Pappas, President and CEO of Trinseo said, “We believe that our actions and our vision today play a significant role in what the world looks like tomorrow. That is why we continue our work to reduce Trinseo’s environmental footprint, while developing new, innovative solutions that enable a sustainable future for our customers, our business and the world.”

Pamplona Capital Management Acquires Precyse

Pamplona Capital has bought out Precyse, a leader in health information management technology, services and education.

The move is a part of the company’s long term growth plan, and both Precyse’s board and their private equity investors, Altaris Capital Partners and New Spring Capital, have approved the transaction.

Precyse, which was founded in 1999 and delivers a robust combination of experienced, highly trained people; premier technology solutions; and industry-leading education, all targeted at the clinical and financial aspects of Health Information Management.

Precyse CEO, Chris Powell said of the move, “I am excited to have the financial resources and talent that Pamplona brings to Precyse which enables us to continue to deliver on our commitments to our clients and allows us to bring new and valuable solutions to our market as we evolve in today’s dynamic healthcare environment.“