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Stock Market & Financial Investment News

News Breaks
February 25, 2013
07:59 EDTWBMDWebMD upgraded at Raymond James
As previously reported, Raymond James upgraded WebMD to Strong Buy from Market Perform. The firm expects shares to continue to move higher due to business model changes, increased pharma spending plans, and potential tailwinds from social media. Price target is $26.
News For WBMD From The Last 14 Days
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February 11, 2016
15:14 EDTWBMDWebMD calls active on rumored to be in sale talks
WebMD (WBMD) February 50 and 55 calls are active on total call volume of 1000 contracts (16 puts) on rumored to be in sale talks with Walgreens (WBA), Betaville says. February call option implied is at 89, February is at 80; compared to its 52-week range of 29 to 65. Active call volume suggests large near term price movement.
15:04 EDTWBMDWebMD rumored to be in sale talks with Walgreens, Betaville says
WebMD (WBMD), which previously "vehemently denied" a Financial Times story that it was weighing a sale, is now working with Moelis to try to broker a deal with Walgreen Boots Alliance (WBA), according to Ben Harrington's Betaville blog. Harrinton added that "this information is RARE of the rarest kind," meaning it is "market gossip that hasn't been tested through formal journalistic channels." Reference Link
15:00 EDTWBMDWebMD trying to negotiate sale to Walgreens, Betaville says
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