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Stock Market & Financial Investment News

News Breaks
September 10, 2013
10:17 EDTESRX, CTRXAnalyst says Express Scripts won't be hurt by private exchanges
Express Scripts (ESRX), which provides pharmacy benefit management services, is unlikely to be significantly hurt by private health insurance exchanges, research firm Jefferies believes. Investor worries about the impact of such exchanges on the company is overdone, the firm added. WHAT'S NEW: Following reports yesterday that several major companies are looking to place their retired workers into a private health insurance exchange, Jefferies analyst Brian Tanquilut wrote that such exchanges have been around for several years and have not significantly affected Express Scripts or its competitors. Moreover, many investors do not realize that Express Scripts' profit margins from the exchanges are not much lower than its margins from the large companies, Tanquilut contended. Finally, as a result of the shift of beneficiaries onto private exchanges, Express Scripts will have the opportunity to win new customers currently covered by its competitors, the analyst believes. He expects the stock to start advancing in the fourth quarter of this year and kept a Buy rating on the shares. WHAT'S NOTABLE: Express Scripts' stock fell slightly in an up market yesterday, as did shares of its competitor Catamaran (CTRX). TODAY'S PRICE ACTION: In early trading today, Express Scripts added 0.5% to $65 and Catamaran rose 0.45% to $45.60
News For ESRX;CTRX From The Last 14 Days
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August 3, 2015
15:38 EDTESRXExpress Scripts' Zohydro change a major positive for Pernix, says Brean Capital
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July 29, 2015
07:45 EDTESRXExpress Scripts appears to be gaining momentum, says RBC Capital
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July 28, 2015
19:10 EDTESRXOn The Fly: After Hours Movers
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16:18 EDTESRXExpress Scripts up 2.6% after reporting Q2 results, guidance
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16:18 EDTESRXExpress Scripts sees FY16 adjusted claims 1.26B-1.3B
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16:17 EDTESRXExpress Scripts sees retention rate for FY15 selling season 95%-97%
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16:15 EDTESRXExpress Scripts reports Q2 adjusted claims down 1% to 321.2M
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16:14 EDTESRXExpress Scripts raises FY15 EPS view to $5.46-$5.54 from $5.37-$5.47
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16:13 EDTESRXExpress Scripts sees Q3 adjusted EPS $1.41-$1.45, consensus $1.43
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16:11 EDTESRXExpress Scripts reports Q2 adjusted EPS $1.44, consensus $1.40
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15:21 EDTESRXNotable companies reporting after market close
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July 22, 2015
05:22 EDTESRXStocks with implied volatility movement; LOCK ESRX
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July 21, 2015
12:39 EDTESRXCiti analyzes a potential Express Scripts takeout by Walgreens Boots Alliance
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