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Stock Market & Financial Investment News

News Breaks
April 4, 2012
22:29 EDTWAG, ESRXWalgreen's stock could be a "risky bet", Barron's contends
Walgreen (WAG) is still feeling the sting from when it parted ways with pharmacy-benefit giant Express Scripts (ESRX) on Jan. 1. The two were unable to come to terms on a new contract that would cover more than $5B in business. Walgreen trades at a P/E ratio well below its historical average. But with more pain possibly on the horizon now that Express Scripts has formerly completed its merger with rival Medco Health Solutions, Barron's wouldn't jump in just yet. Reference Link
News For WAG;ESRX From The Last 14 Days
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February 5, 2016
10:08 EDTESRXExpress Scripts calls active
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January 29, 2016
10:13 EDTESRXExpress Scripts to exclude Valeant's Glumetza from formulary
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January 28, 2016
06:24 EDTESRXAnthem added to Focus List at Citi
Citi analyst Ralph Giacobbe added Anthem (ANTM) to his firm's Focus List. As Anthem and Express Scripts (ESRX) continue to negotiate their pharmacy benefits manager contract, the analyst sees UnitedHealth (UNH) as a potential alternative for Anthem. Regardless of the outcome, Anthem is in the "driver's seat for significant savings/upside," which is not reflected in the stock. Giacobbe tells investors in a research note. He keeps a Buy rating on the name with a $172 price target.
January 25, 2016
15:24 EDTESRXExpress Scripts off highs after Clinton tweets critical NPR report
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