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Stock Market & Financial Investment News

News Breaks
January 30, 2014
07:39 EDTCAH, CVSCardinal Health sees CVS Caremark venture operational as soon as July 1
In December 2013, Cardinal Health (CAH) and CVS Caremark (CVS) announced the signing of an agreement to form the largest generic sourcing entity in the U.S. Both companies are contributing their sourcing and supply chain expertise to the 50/50 joint venture and are committing to source generic drugs through it. The U.S.-based joint venture is expected to be operational as soon as July 1 and will have an initial term of 10 years, Cardinal said.
News For CAH;CVS From The Last 14 Days
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July 31, 2014
08:25 EDTCVSCVS Caremark earns first Community Pharmacy accreditation from URAC
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July 30, 2014
09:47 EDTCAHLeerink healthcare analyst holds an analyst/industry conference call
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09:00 EDTCVSMcKesson extends pharmaceutical distribution agreement with CVS Caremark
McKesson Corporation (MCK) announced a three-year extension of its existing distribution agreement with CVS Caremark (CVS) through June, 2019. “We have a long track record of delivering comprehensive supply chain solutions to CVS Caremark which in turn allows CVS Caremark to ensure the highest level of pharmaceutical care to its customers,” said Paul Julian, executive vice president, group president, McKesson Corporation. “We are pleased to have extended our agreement with CVS Caremark and continue our long standing partnership.”
July 29, 2014
07:55 EDTCVSLeerink a buyer of Catamaran ahead of Q2 results
Leerink says it's a buyer of Catamaran (CTRX) ahead of the company's Q2 results as it believes shares have more room to run. The firm is cautious on Express Scripts (ESRX) after hearing from a specialist that service challenges may impact the company's 2015 and 2016 selling seasons. The firm remains positive on CVS Caremark (CVS), but notes shares have outperformed and the company could see retail pressure from recent drug inflation trends.
July 28, 2014
12:21 EDTCVSOn The Fly: Midday Wrap
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09:17 EDTCVSOn The Fly: Pre-market Movers
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06:22 EDTCVSHorizon Pharma said Duexis, Vimovo to be placed on CVS, Express exlclusion lists
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July 25, 2014
09:28 EDTCAHCardinal Health has good read through from AmerisourceBergen, says Sterne Agee
Sterne Agee believes that AmericansourceBergen's (ABC) beat and raise results bode well for Cardinal Health (CAH). The firm keeps a Buy rating on Cardinal.

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