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Stock Market & Financial Investment News

News Breaks
March 12, 2014
06:08 EDTPMCPharMerica upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse upgraded PharMerica citing improving fundamentals, capital deployment opportunities, and valuation. Price target raised to $30 from $19.
News For PMC From The Last 14 Days
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March 3, 2015
07:24 EDTPMCAmerisourceBergen can mitigate loss of PharMerica deal, says RBC Capital
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March 2, 2015
08:12 EDTPMCPharMerica announces wholesale agreement with Cardinal Health
PharMerica Corporation (PMC) announced that it has entered into a new wholesale drug distribution agreement with Cardinal Health (CAH). The new agreement will take effect on April 1 and extend through June 2018. As part of the agreement, Cardinal Health will assume responsibility for the sourcing and distribution of branded and generic pharmaceuticals for PharMerica.
08:11 EDTPMCPharMerica sees FY15 adjusted EPS $1.55-$1.65, consensus $1.86
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08:09 EDTPMCPharMerica reports Q4 adjusted EPS 45c, consensus 43c
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