Drug Stores
(CVS) Management Churn at CVS Caremark
CVS Caremark Corporation (CVS) recently announced a change in top management. According to the company’s design, effective September 1, 2012, the present EVP and Chief Operating Officer of the Pharmacy Benefit...
(MHS) Medco Healh Analyst Reiterates Shares at Neutral
Recently, we reiterated our Neutral recommendation on Medco Health (MHS) with a target price of $74.00.
During the fourth quarter of fiscal 2011, Medco reported adjusted EPS of $1.25, beating the Zacks...
(WAG) Walgreen Inks Deal with AARP
Leading drugstore chain Walgreen (WAG) recently entered into a three-year contract with a nonprofit organization AARP, to deliver retail drugstore program benefits to its members belonging to the 50-plus age...
(CVS) CVS Caremark Remains Neutral
Recently, we reiterated our Neutral recommendation on CVS Caremark Corporation (CVS) with a target price of $46.00.
CVS reported adjusted EPS of 89 cents in the fourth quarter of 2011 in line with the...
(CVS) CVS Caremark Corporation Ordered by FTC to Settle Claims
Recently CVS Caremark Corporation (CVS) was asked by the Federal Trade Commission (FTC) to pay $5 million to settle all claims related to the company’s misrepresentation of prices of certain...
(WAG) Walgreens 2012 First Quarter Earnings Scorecard
Subsequent to the announcement of Walgreen’s (WAG) first quarter 2012 (ended November 30) results on December 21, 2011, majority of the analysts have reduced their estimates for the forthcoming period.
Previous...
(WAG) Walgreen Plans to Offset Express Scripts Loss
Walgreen (WAG) is commencing the New Year with efforts aimed at minimizing the impact of the non-renewal of the Express Scripts (ESRX) contract,...
(CVS) CVS Caremark Corporation to Attend Healthcare Conference
The leading provider of prescriptions and related health care services in the US, CVS Caremark Corporation (CVS) has decided to participate in the annual JP Morgan Healthcare Conference scheduled on January...
(CVS) CVS Caremark Launches New Pharmacy Advisor Program
CVS Caremark (CVS) recently launched a new Pharmacy Advisor program to help treat chronic cardiovascular illness.
The Pharmacy Advisor for chronic cardiovascular care will primarily focus on medication...
(MHS) Medco Analyst Maintains Shares at Neutral
Recently, we reiterated our Neutral recommendation on Medco Health (MHS) with a target price of $56.00.
During the third quarter of fiscal 2011, Medco reported adjusted EPS of $1.07, beating the Zacks...
(CVS) CVS Caremark Posts a Strong Quarter
CVS Caremark (CVS) reported third quarter 2011 EPS of 65 cents, 8.3% up year over year. However, after excluding the impact of certain one-time items, adjusted EPS came in at 70 cents, surpassing the Zacks...
(CVS) Greek Turmoil Dominates Headlines
We have a slew of economic and earnings reports on the docket today, but the Greek turmoil will likely continue to dominate the headlines. On the economic front, we got better-than-expected weekly Jobless Claims numbers, raising hopes for a favorable showing from Friday’s...
(MHS) Medco Health Solutions and United Drug Terminate Joint Venture
Following the termination of the pan-European joint venture between Medco Health Solutions (MHS) and Germany-based Celesio AG, Dublin-based United Drug Plc recently decided to exit from its UK homecare partnership...
(WAG) Walgreen Posts Encouraging Quarter
Walgreen (WAG) reported adjusted earnings of 57 cents per share in the fourth quarter of fiscal 2011, beating the Zacks Consensus Estimate of 55 cents and were 38.3% higher than the year-ago quarter.
Results...
(WAG) Walgreen Unveils Flu Impact Report
Walgreen Co. (WAG), the largest drugstore chain in the US, recently came up with findings from the first of a two-part Walgreens Flu Impact Report series. The study reveals the impact of flu and related illness...
(WAG) Walgreen in Elite League
Recently, Walgreen (WAG) was ranked 29th among the top 30 technology innovators in the U.S, according to the 2011 Information Week 500. The company added another feather in its cap when it became...
(WAG) Walgreen Ranked as Technology Innovator
Recently, Walgreen (WAG) was ranked 29th among the top 30 technology innovators in the U.S, according to the 2011 InformationWeek 500. The company added another feather in its cap when it became...
(WAG) Walgreen Joins U.S. Cardiac Program
Walgreen (WAG), the US Department of Health and Human Services (HHS), the Centers for Disease Control and Prevention (CDC) and the Centers for Medicare and Medicaid Services (CMS) have teamed up in a campaign...
(CVS) CVS Caremark Analyst Maintains Shares at Neutral
Recently, we reiterated our Neutral recommendation on CVS Caremark Corporation (CVS) with a target price of $38.00.
CVS reported an adjusted EPS of 65 cents in the second quarter of 2011, surpassing...
(CVS) CVS Caremark Beats Earnings by a Penny – Guidance Narrowed
CVS Caremark (CVS) reported second quarter 2011 EPS of 60 cents, at par with the year-ago quarter earnings. However, after excluding the impact of certain one-time items, adjusted earnings per share came in...
(MHS) Express Scripts to Buy Medco Health Solutions
Following the release of its second quarter of fiscal 2011 earnings, Medco Health Solutions (MHS) announced that it will be acquired by Express Scripts (
4Aug2011 | vitalstocks | 0 comments | Continued(MHS) Medco Health Solutions 2011 Second Quarter Earnings Preview
Medco Health Solutions Inc. (MHS) is scheduled to release its second-quarter 2011 earnings on July 21, 2011 before the market opens. The company is expected to report EPS...
(WAG) Walgreen’s June Sales Swell
Leading retail pharmacy chain, Walgreen (WAG) reported sales of $6.04 billion in June, up 6.8% from the year-ago period. Total front-end sales increased 6.4% while comparable store’s front-end sales increased...
(CVS) CVS Caremark Corporation Study to Lower Treatment Costs
The leading provider of prescriptions and related health care services in the US, CVS Caremark Corporation (CVS) along with researchers from Harvard and Brigham universities and Women’s...
(MHS) Medco Health Solutions to Better Tackle Hepatitis C
Medco Health Solutions (MHS) is making attempts to curtail costs of treating patients suffering from hepatitis C (HCV). The company’s specialty pharmacy segment, Accredo Health Group, considers patient adherence...
(RAD) Rite Aid Corporation Reports Marginal Rise in Same Store Sales
Leading drugstore chain operator Rite Aid Corporation (RAD) reported a marginal increase of 1.8% in same-store sales for the four weeks ended June 25, 2011. Results improved somewhat from a growth of 1.3%...
(RAD) Rite Aid First Quarter 2012 Earnings Scorecard
Rite Aid Corporation (RAD), the third largest retail drugstore in the U.S. based on revenues and number of stores, posted its first-quarter 2012 results. Street analysts had nearly a week to ponder on the...
(WAG) Walgreen Expands in Chicago
Leading retail pharmacy chain Walgreen Co. (WAG) has recently launched a project called ‘Chicago Hometown Investment Initiative’, which is expected to offer approximately 600 new job opportunities in the...
(WAG) Walgreens Debuts Web Pickup in Chicago
Leading retail pharmacy chain Walgreen Co. (WAG) has recently undertaken an innovative initiative to enhance its sales and distribution by launching Web Pickup service across Chicago. The program will enable...
(MHS) Medco Health Solutions Aids Sanofi-Aventis Study
Medco Health Solutions (MHS) and its subsidiary United BioSource Corporation (UBC) have entered into a multi-year agreement with leading pharmaceutical company Sanofi-Aventis (
28Jun2011 | vitalstocks | 0 comments | Continued