Wednesday, April 7, 2010 as of 11:14 AM ET
Medco Health Solutions, Inc. (NYSE: MHS) is an American managed health care company currently serving the needs of more than 65 million people.
Read More at Wikipedia ›Express Scripts Holding Co.
's (ESRX) first-quarter earnings fell 18%, pressured by costs tied to the recent acquisition of fellow pharmacy-benefit manager Medco Health Solutions Inc. and efforts to clear space for Medco's integration.The $29.1 billion purchase closed in early April, creating the pharmacy-benefit sector's biggest company. The companies, known as PBMs, manage drug benefits for health plans and corporate customers.The just-concluded deal has heightened interest in company forecasts, and on that front, St. Louis-based Express Scripts forecast a 2012 earnings range mostly below analyst expectations. The company's shares slipped 0.8% to $53.90 in after-hours trading.Though the Street forecast was pumped up by some particularly high estimates, company guidance was still "a little lighter" than people expected, Jefferies & Co. analyst Arthur Henderson said. Guidance-related questions will be important on the company's earnings call early Friday, he said.The company late Thursd...DOW JONES NEWSWIRESCVS Caremark Corp. (CVS) said Jon Roberts, chief operating officer of its pharmacy benefits management business, will become the unit's president ...
CVS Caremark Corp (NYSE: CVS) said on Friday Jon Roberts, currently the executive vice president and chief operating officer of its pharmacy benefits management busi...
FBN’s Robert Gray with news that investors are buying Treasuries amid concerns over U.S. and European economies, plus a market update.
Two pharmacy trade groups and several pharmacy companies filed a lawsuit in federal court Thursday aimed at trying to stop Express Scripts Inc. (ESRX) from buying ri...
PT Medco Energi Internasional (MEDC.JK), Indonesia's largest listed oil company, and two state-owned companies have made a formal proposal to jointly acquire two of ...
These nine stocks hit 52-week highs:While trading on above-average volume, Medco Health Solutions (NYSE: MHS ) climbed today, reaching and then surpassing its previo...
Today, these stocks are up on high volume:Today, Medco Health Solutions ( MHS ) is up on high volume, trading at a volume of 20 million, or 4.5 times its average dai...
Pharmacy-benefit managers Express Scripts Inc. (ESRX) and Medco Health Solutions Inc. (MHS) said Wednesday their planned deal could close as early as next week, indi...
Walgreen Co.'s (WAG) fiscal second-quarter earnings fell 7.7% as the drug store chain's exit from pharmacy-benefit manager Express Scripts Inc. (ESRX) network and a ...
DOW JONES NEWSWIRESMedco Health Solutions Inc. (MHS) agreed to pay the California attorney general's office $2.8 million to resolve allegations that a consultant for...
CVS Caremark Corp. (CVS) Chief Financial Officer David Denton said the company's retail and pharmacy-benefit manager hybrid model lines up nicely to serve long-term ...
Express Scripts Inc. (ESRX) has had a smooth transition away from its relationship with Walgreen Co . (WAG), which left the pharmacy-benefit manager's network on Jan...
Express Scripts Inc.'s (ESRX) first-quarter earnings fell 18% as acquisition-related expenses weighed on the pharmacy-benefit manager's bottom-line, though revenue i...
Pharmacy-benefit manager SXC Health Solutions Corp. (SXCI, SXC.T) agreed to buy rival Catalyst Health Solutions Inc. (CHSI) in a roughly $4.14 billion cash-and-stock...
U.S. spending on prescription drugs last year rose 2.7%, the smallest increase in nearly two decades of tracking such data, as cheaper generics hit the market and ec...
Rite Aid Corp.'s (RAD) fiscal fourth-quarter loss narrowed as the drug-store company benefited from an extra week of sales and a tax benefit in the latest period.The...
(This story has been posted on The Wall Street Journal Online's Health Blog at http://blogs.wsj.com/health.)Here's what's making health news this morning:Health Exch...
After almost a year of investigating, the U.S. Federal Trade Commission gave a green light to Express Scripts’ (NASDAQ:ESRX) $29.1 billion takeover of Medco Health S...
DOW JONES NEWSWIRESExpess Scripts Inc. (ESRX) said it completed its $29.1 billion acquisition of Medco Health Solutions Inc. (MHS) following a Federal Trade Commissi...
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