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Stock Market & Financial Investment News

News Breaks
December 13, 2013
08:01 EDTESRXRainTree Oncology announces distribution agreement with Express Scripts
RT Oncology Services and Express Scripts announced that they have entered into an exclusive, three-year pharmaceutical drug distribution agreement. Per the agreement, CuraScript Specialty Distribution, an Express Scripts business, will provide pharmaceuticals, oncology supportive therapies, vaccines, biologicals and other products to RainTree members. RainTree will not be distributing or marketing intravenous or infusible oncology medications through July 1, 2014.
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April 21, 2014
09:47 EDTESRXExpress Scripts' TriCare contract renewal removes an overhang, says UBS
UBS said Express Scripts successful renewal of the TriCare/Department of Defense PBM contract removes an overhang and should contribute 25c-30c to 2014 earnings. The firm expects shares to react positively and reiterates its Buy rating and $72 price target.
09:38 EDTESRXExpress Scripts TRICARE contract removes key overhang, says Citigroup
Citigroup believes the Express Scripts retaining the Department of Defense's TRICARE Pharmacy Program contract removes a key overhang on the stock and validates the company's business model. Citi reiterates a Buy rating on Express Scripts with a $92 price target.
April 19, 2014
18:41 EDTESRXExpress Scripts awarded 7-year TRICARE Pharmacy Program contract
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April 9, 2014
11:43 EDTESRXGilead defended by analysts after recent pullback
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08:41 EDTESRXAttack on Gilead Sovaldi by Express Scripts 'noise,' says Maxim
After Bloomberg reported that Express Scripts (ESRX) said that it would attempt to build a coalition against the use of Gilead's (GILD) Sovaldi once a rival drug is approved, Maxim views Express Scripts' statement as "noise." The firm says that Sovaldi is not the most expensive HCV drug, and reiterates its view that Sovaldi provides "compelling" value, when including the cost of failure rates in a cost/benefit analysis. Maxim keeps a Buy rating on Gilead.

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