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Stock Market & Financial Investment News

News Breaks
June 23, 2014
09:02 EDTAXP, MCKMcKesson names Lori Schechter as EVP, Chief Compliance Officer
McKesson Corporation (MCK) announced Lori A. Schechter has been appointed executive vice president, general counsel and chief compliance officer, replacing Laureen E. Seeger, who will leave McKesson at the end of June to become the executive vice president and general counsel of American Express Company (AXP). Effective immediately, Schechter will be responsible for overseeing McKesson’s general counsel organization, which consists of the Law, Public Affairs, Compliance and Corporate Secretarial functions for McKesson and its subsidiaries. Schechter will also join McKesson’s executive committee.
News For MCK;AXP From The Last 14 Days
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October 5, 2015
07:19 EDTAXPOpen Mobile Media to hold a summit
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October 2, 2015
13:54 EDTAXPAmerican Express files automatic mixed securities shelf
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October 1, 2015
10:50 EDTMCKLeerink healthcare services analyst holds analyst/industry conference call
Analyst Larsen, along with Dan Steiber of D2 Pharma Consulting and James Kenney, Jr., of Harvard Pilgrim Health Care, discuss Hillary Care's potential impact to the Prescription Drug Supply Chain, the impact of the Medicaid rebate program and the uptake of bio-similars and generic launches in 2015 on an Analyst/Industry conference call to be held on October 2 at 12 pm.
08:10 EDTAXPAmerican Express cards now accepted at Sam's Club
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September 30, 2015
10:47 EDTMCKLeerink analyst/industry conference call date/time changed from October 8 10 am
Healthcare Distribution & Technology Larsen, along with Diplomat Pharmacy Chairman & CEO Hagerman and CFO & Secretary/Treasurer Whelan, provide industry insights including the potential impact of Hillary Care, the influence CMS may have on overall drug pricing and recent stock volatility on an Analyst/Industry conference call now being held at a new date and time of September 30 at 5 pm.
September 24, 2015
06:50 EDTAXPAmerican Express price target lowered to $70 from $85 at Jefferies
Jefferies analyst John Hecht says that even with the recent selloff, shares of American Express do not offer "compelling rewards" at current levels. Hecht believes AmEx is nearing saturation in its core demographic, the highly-affluent consumer, and views the Costco (COST) loss as a "significant challenge to overcome." American Express remains the industry leader in terms of rewards, but the gap to competitors has narrowed, Hecht tells investors in a research note. The company faces "several discrete headwinds" over the coming quarters, the analyst concludes. He cut his price target for AmEx shares to $70 from $85 and keeps a Hold rating on the name. The credit card provider closed yesterday down 8c to $75.63. Hecht has Buy ratings on card peers Discover (DFS) and Synchrony Financial (SYF).

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