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Stock Market & Financial Investment News

News Breaks
January 14, 2014
08:07 EDTESRXExpress Scripts appoints Cathy R. Smith as CFO
Express Scripts Holding announced that Cathy R. Smith will join the company as Executive Vice President and CFO, effective February 10. She will join Express Scripts from Walmart, where she has been executive vice president of strategy and CFO for Walmart International since February 2010. Before joining Walmart, she was executive vice president and CFO at GameStop.
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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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