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Stock Market & Financial Investment News

News Breaks
February 14, 2012
10:39 EDTESRX, MHSExpress Scripts, Medco climb after report says FTC likely to approve deal
The Federal Trade Commission, or FTC, staff is expected to recommend that the regulator approve Express Scripts' (ESRX) proposed acquisition of its pharmacy benefit management rival, Medco (MHS), according to market intelligence journal MLex, which cited unnamed sources. However, the FTC may still mount a legal challenge to the deal, adds the publication. The agency has been challenging healthcare mergers, and has been especially vigilant in its regulation of the pharmacy benefit management sector, notes MLex. The issue is likely to be decided by FTC Chairman Jon Leibowitz, who worked as Senator Herb Kohl's leading antitrust advisor for years, the publication said. In mid-morning trading, Medco rose $1.39, or 2.28%, to $62.33, while Express Scripts climbed $1.45, or 2.91%, to $51.24.
News For MHS;ESRX From The Last 14 Days
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January 28, 2015
09:59 EDTESRXOn The Fly: Analyst Downgrade Summary
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06:27 EDTESRXExpress Scripts downgraded to Market Perform from Outperform at FBR Capital
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January 21, 2015
10:28 EDTESRXLeerink pharmaceuticals analyst holds an analyst/industry conference call
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10:01 EDTESRXOn the Fly: Analyst Initiation Summary
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07:36 EDTESRXExpress Scripts initiated with an Equal Weight at Stephens
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January 20, 2015
06:44 EDTESRXExpress Scripts downgraded to Neutral from Buy at UBS
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