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Stock Market & Financial Investment News

News Breaks
March 31, 2014
10:00 EDTESRX, CAH, WAG, CVS, ABC, MCK, CTRXLeerink's healthcare tech analyst holds an analyst/industry conference call
Healthcare Technology Analyst Larsen, along with MEDACorp Specialists Brian Anderson and Mary Beth Mulligan, discuss the quality of service and performance provided by each PBM (Pharmacy Benefit Manager) on an Analyst/Industry conference call. Relevant companies ABC, CAH, CTRX, CVS, ESRX, MCK and WAG may be included on the Analyst/Industry conference call to be held on March 31 at 11 am.
News For ABC;CAH;CTRX;CVS;ESRX;MCK;WAG From The Last 14 Days
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September 4, 2015
16:22 EDTESRXExpress Scripts names Christopher McGinnis as Chief Accounting Officer
Effective September 2, Christopher McGinnis was appointed as the Vice President, Controller and Chief Accounting Officer of Express Scripts Holding Company and as the company's principal accounting officer as defined by the SEC. Christopher Knibb, who previously served as the principal accounting officer, continues employment at Express Scripts as Vice President, Financial Planning and Analysis.
August 27, 2015
19:14 EDTCVS, ESRXExpress Scripts to cover both Repatha, Praluent for now, Bloomberg says
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08:32 EDTCVSCVS Health enters into two new clinical affiliations
CVS Health has entered into new clinical affiliations with two health systems, St. Luke's University Health Network in Bethlehem, Pennsylvania and TriHealth in Cincinnati, Ohio. Through these clinical affiliations, CVS Health will provide prescription and visit information to the participating health care organizations.
August 26, 2015
08:32 EDTCVSCVS Health to partner with telehealth providers to improve patient care
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August 25, 2015
16:01 EDTCVSTarget sees $550M pretax gain after closing CVS transaction
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10:21 EDTCAHCardinal Health to acquire majority stake in naviHealth
Cardinal Health announced that it is acquiring a majority stake in naviHealth and expects the transaction to close later this week. Privately-held naviHealth partners with health plans, health systems and providers to manage the post-acute segment of the care continuum. naviHealth's principal investor, Welsh, Carson, Anderson & Stowe, along with management, will continue to have an ownership interest in the business. Cardinal Health said it is acquiring 71% of naviHealth for approximately $290M, with a goal of acquiring the entire business within four years, in accordance with a series of call/put rights during that period of time. Cardinal expects this acquisition to be neutral to its FY16 non-GAAP diluted earnings per share from continuing operations as it is a partial period, and slightly accretive to non-GAAP diluted earnings per share from continuing operations beginning in FY17, the first full year post close. "From a GAAP perspective, it is too early in the process to provide any specific guidance on the amortization of intangible assets. Once the fair value estimates are complete, we will provide additional details. Recall that our FY16 assumptions provided on our earnings call on July 30, 2015 only included those acquisitions that had been completed through June 30," the company stated in an FAQ document related to the deal.
09:26 EDTCAHRBC Capital to hold a bus tour
Healthcare Bus Tour travels throughout Nashville, TN to visit with various healthcare companies on August 25-26.

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