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Stock Market & Financial Investment News

News Breaks
October 2, 2012
08:02 EDTWAG, ESRXWalgreen fundamentals set to improve, says Susquehanna
Susquehanna said Walgreen (WAG) fundamentals are set to improve following Q4 results citing prospects for an early flu season, its loyalty card launch, and the return of Express Scripts (ESRX)customers. Shares are Positive rated with a $50 price target.
News For WAG;ESRX From The Last 14 Days
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May 22, 2013
10:18 EDTESRXExpress Scripts management to meet with Leerink
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May 20, 2013
15:52 EDTWAGWalgreen downgraded to Market Perform from Outperform at Barrington
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May 17, 2013
12:33 EDTWAGAmerisourceBergen receives approval of Walgreens, Alliance Boots investment
AmerisourceBergen (ABC) announced that the parties have received regulatory approval of the previously disclosed agreement for Walgreen (WAG) and Alliance Boots GmbH to purchase an equity stake in the company. AmerisourceBergen continues to expect the new agreements to contribute an incremental $25B in revenues and approximately 20c in earnings per share in FY14, excluding the amortization of certain expenses related to the transaction and the warrants issued, certain non-recurring costs and a potential LIFO charge, and net of certain start up expenses. In addition, the company reiterated its expectations for financial performance for fiscal year 2013, which includes expected revenue growth in the 11%-13% range, and diluted earnings per share from continuing operations in the lower half of the range of $3.04 to $3.14, excluding certain expenses related to the relationship with Walgreens and Alliance Boots and the warrants issued, and the expected LIFO charge from onboarding of additional branded inventory.
10:42 EDTESRXLeerink's healthcare technology & distribution analyst holds a conference call
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May 13, 2013
10:09 EDTESRXOn The Fly: Analyst Upgrade Summary
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08:32 EDTWAGWalgreens extends CVS Caremark network provider agreement
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05:52 EDTESRXExpress Scripts upgraded to Buy from Hold at Jefferies
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