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Stock Market & Financial Investment News

News Breaks
October 10, 2012
07:10 EDTCVS, GDOT, AXPGreen Dot partner CVS may soon offer AmEx prepaid cards, says Jefferies
Jefferies said its channel checks indicate CVS Caremark (CVS), one of Green Dot's (GDOT) largest distribution partners, may offer as soon as next week American Express' (AXP) new prepaid cards. The firm believes the potential loss of share at CVS could represent incremental headline risk for Green Dot and lowered its price target for Green Dot shares to $13 from $17. Jefferies also dropped its 2012 and 2013 earnings estimates for Green Dot citing American Express' recent penetration of Green Dot's key distribution partners Wal-Mart (WMT) and CVS.
News For GDOT;CVS;AXP From The Last 14 Days
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July 31, 2014
08:51 EDTAXPAmerican Express CEO takes stand in antitrust suit, defends practices, WSJ says
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08:25 EDTCVSCVS Caremark earns first Community Pharmacy accreditation from URAC
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July 30, 2014
09:00 EDTCVSMcKesson extends pharmaceutical distribution agreement with CVS Caremark
McKesson Corporation (MCK) announced a three-year extension of its existing distribution agreement with CVS Caremark (CVS) through June, 2019. “We have a long track record of delivering comprehensive supply chain solutions to CVS Caremark which in turn allows CVS Caremark to ensure the highest level of pharmaceutical care to its customers,” said Paul Julian, executive vice president, group president, McKesson Corporation. “We are pleased to have extended our agreement with CVS Caremark and continue our long standing partnership.”
06:16 EDTAXPOptions expected to be active: TWTR BWLD AXP DWA PNRA AMGN X FB
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July 29, 2014
16:07 EDTAXPAmerican Express reports Q2 global commercial services net income $561M
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16:06 EDTAXPAmerican Express reports Q2 card member spending up 9% YoY
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16:04 EDTAXPAmerican Express reports Q2 U.S. card services net income $770M, up 4% YoY
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16:03 EDTAXPAmerican Express reports Q2 EPS $1.43, consensus $1.38
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15:53 EDTAXPNotable companies reporting after market close
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14:48 EDTAXPEarnings Preview: Outlook mixed for American Express into Q2 results
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07:55 EDTCVSLeerink a buyer of Catamaran ahead of Q2 results
Leerink says it's a buyer of Catamaran (CTRX) ahead of the company's Q2 results as it believes shares have more room to run. The firm is cautious on Express Scripts (ESRX) after hearing from a specialist that service challenges may impact the company's 2015 and 2016 selling seasons. The firm remains positive on CVS Caremark (CVS), but notes shares have outperformed and the company could see retail pressure from recent drug inflation trends.
July 28, 2014
12:21 EDTCVSOn The Fly: Midday Wrap
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09:17 EDTCVSOn The Fly: Pre-market Movers
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06:22 EDTCVSHorizon Pharma said Duexis, Vimovo to be placed on CVS, Express exlclusion lists
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July 24, 2014
15:02 EDTGDOTGreen Dot downgraded to Underperform from Sector Perform at Portales

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