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Stock Market & Financial Investment News

News Breaks
November 1, 2013
08:17 EDTCTRXCatamaran sell-off yesterday 'puzzling,' says Maxim
Maxim views yesterday's pullback in shares of Catamaran as "puzzling" since it says the company reported strong Q3 results and raised its guidance. The firm says Catamaran remains its top pick for 2013 and it recommends buying the stock following yesterdays' weakness.
News For CTRX From The Last 14 Days
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October 13, 2014
07:39 EDTCTRXPharmaceutical Care Management Association to hold annual meeting
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October 9, 2014
09:12 EDTCTRXCatamaran acquisition in-line with expectations, says Leerink
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07:37 EDTCTRXCatamaran acquisition likely to be well-received, says Oppenheimer
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October 8, 2014
16:34 EDTCTRXCatamaran to acquire Salveo Specialty Pharmacy for $260M in cash
Catamaran announced that it has entered into a definitive agreement to acquire Salveo Specialty Pharmacy, an independent specialty pharmacy company headquartered in St. Petersburg, Florida with business operations in New York and California. Salveo manages approximately $400M in annual drug spend. The purchase price of $260M in cash represents a purchase price multiple of approximately 13x Salveo's trailing-twelve-month EBITDA and is expected to be funded through cash on the balance sheet. This acquisition is expected to be completed during Q4.

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