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Stock Market & Financial Investment News

News Breaks
January 16, 2013
13:42 EDTEPOC, ATHNEpocrates discloses class action shareholders suit relating to athenahealth deal
In a regulatory filing, Epocrates disclosed that on January 11, Stephen Bushansky filed a class action lawsuit in the Superior Court of the State of California, County of San Mateo, purportedly on behalf of the stockholders of Epocrates, against Epocrates and its directors, alleging, among other things, Epocrates’ directors breached their fiduciary duties to the stockholders of Epocrates in connection with the proposed merger of Epocrates with athenahealth (ATHN). The complaint seeks, among other things, to enjoin the defendants from completing the merger as currently contemplated. Epocrates and its directors intend to take all appropriate actions to defend the suit. It is possible that additional similar complaints may be filed in the future. If this does occur, Epocrates does not intend to announce the filing of any similar complaints.
News For EPOC;ATHN From The Last 14 Days
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October 21, 2014
12:08 EDTATHNEinhorn says athenahealth 'doesn't earn any money'
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12:06 EDTATHNEinhorn says short thesis on athenahealth 'working itself out'
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October 20, 2014
06:38 EDTATHNathenahealth price target lowered to $115 from $140 at RBC Capital
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October 17, 2014
09:17 EDTATHNOn The Fly: Pre-market Movers
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08:05 EDTATHNathenahealth reports Q3 adjusted EPS 27c, consensus 27c
athenahealth last night reported Q3 revenue $190.4M, consensus $190.4M. The company reported it grew net new active physicians on athenaCollector, which had 3,420 physicians added, athenaClinicals, which had 2,786 physicians added, and athenaCommunicator, which had 3,846 physicians added, for the three months ended September 30.
October 16, 2014
18:36 EDTATHNOn The Fly: After Hours Movers
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16:07 EDTATHNathenahealth now sees FY14 EPS near high end of range
athenahealth said, "We are not making any changes to the fiscal year 2014 guidance...However, based on our year-to-date performance and current expectations for Q4 2014, we are providing additional insight into our fiscal year 2014 guidance as follows: "We expect GAAP Total Revenue to be at or above the mid-point of the $725M-$755M guidance range. We expect Non-GAAP Adjusted Gross Margin to be close to the mid-point of the 62.5% to 63.5% guidance range. We expect Non-GAAP Adjusted Net Income per Diluted share to be close to the high end of the 98c-$1.10 guidance range."
16:05 EDTATHNathenahealth sees FY14 adjusted EPS 98c-$1.10, consensus $1.09
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