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Express Scripts Says It Is Open to Continue Negotiations with Walgreens
Tuesday, June 21, 2011 - 2:02pm | 104Express Scripts, Inc. (NASDAQ: ESRX) said today it is open to continued negotiations with Walgreens (NYSE: WAG) to make prescription drugs affordable and accessible for American families. "In these challenging economic times, it is critical that we all work together to keep medicines affordable...
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Gamma Knife System Supplied by American Shared Hospital Services Begins Treating Patients at Baskent University in Turkey
Tuesday, June 21, 2011 - 12:19pm | 204AMERICAN SHARED HOSPITAL SERVICES (NYSE: AMS) announced today that the Gamma Knife® system it supplied to Baskent University, Adana, Turkey under a contract announced in March 2011 has begun treating patients, including 11 patients treated in just the first week of clinical operations–the highest...
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Walgreen's Down Sharply
Tuesday, June 21, 2011 - 11:36am | 300Walgreen Company (NYSE: WAG) shares are down more than 4% today, after the company reported quarterly earnings this morning, and said that its deal with Express Scripts (NASDAQ: ESRX) would stop. Walgreen's reported third quarter earnings of 65 cents per share on $18.37 billion in revenues. Wall...
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Benzinga's Volume Movers
Tuesday, June 21, 2011 - 10:37am | 156Almost Family Inc (NASDAQ: AFAM) shares surged 2.17% to $24.47 at 10:35 am. The volume of AFAM shares traded was 417% higher than normal. AFAM's PEG ratio is 0.68. VeriSign Inc (NASDAQ: VRSN) shares moved up 2.61% to $33.45. The volume of VRSN shares traded was 350% higher than normal. VRSN's...
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Walgreens Trading Over 6% Lower on Termination of Contract Negotiations
Tuesday, June 21, 2011 - 10:20am | 63Walgreens (NYSE: WAG) is trading over 6% lower on the session on the news that the company has terminated the contract negotiations with Express Scripts, Inc. (NASDAQ: ESRX). The shares are currently trading at $42.34. Walgreen Co. together with its subsidiaries, operates a drugstore chain in the...
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Benzinga's Top Pre-Market Losers
Tuesday, June 21, 2011 - 8:33am | 116Walgreen Co (NYSE: WAG) fell 5.05% to $42.90 in the pre-market session. WAG reported a 30% rise in its fiscal third-quarter profit Prospect Capital Corporation (NASDAQ: PSEC) dipped 4.49% to $10.20 in the pre-market session. PSEC reported that it is offering 10,000,000 shares of its common stock...
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Walgreens Planning to Move Forward Without Express Scripts Pharmacy Provider Network in 2012
Tuesday, June 21, 2011 - 7:36am | 84Walgreens (NYSE: WAG) today said that contract renewal negotiations with pharmacy benefit manager Express Scripts, Inc. (NASDAQ: ESRX) have been unsuccessful, and as a result the company is planning not to be part of Express Scripts' pharmacy provider network as of Jan. 1, 2012. Beginning next...
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Brazilian Navy Signs Agreement to Acquire Additional S-70B Aircraft
Monday, June 20, 2011 - 12:32pm | 162Sikorsky Aircraft Corp. announced today at the Paris Air Show that the Brazilian Navy has signed an agreement with the U.S. Government to acquire two additional Sikorsky S-70B™ maritime helicopters via the Foreign Military Sales (FMS) process. Sikorsky is a subsidiary of United Technologies Corp. (...
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Benzinga's Top Downgrades
Monday, June 20, 2011 - 8:18am | 141Analysts at Robert W. Baird downgraded Almost Family Inc (NASDAQ: AFAM) from “neutral” to “underperform.” AFAM's shares closed at $27.77 on Friday. Almost Family's trailing-twelve-month profit margin is 8.57%. Analysts at Citigroup downgraded Liberty Media Corporation (NASDAQ: LCAPA) from “buy” to...
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A Peek Into The Market Before The Trading Starts
Monday, June 20, 2011 - 7:24am | 441Pre-open movers US stock futures are lower this morning, after euro zone finance ministers postponed a decision on a Greek bailout package. Futures on the Dow Jones Industrial Average dipped 52 points to 11,886.00 and futures on the S&P 500 stock index fell 5.60 points to 1,260.40. Nasdaq 100...
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Rural/Metro Finalizes New $55M per Year Contract to Continue Ambulance Services to City of San Diego
Monday, June 20, 2011 - 7:09am | 65Rural/Metro Corporation (NASDAQ: RURL), a leading national provider of ambulance and private fire protection services, announced today that it has finalized a new contract to continue as the City of San Diego's exclusive provider of emergency ambulance services through June 2013. The two-year...
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Options Brief: DaVita Inc.
Friday, June 17, 2011 - 10:19am | 92Shares of DaVita Inc. (NYSE: DVA) are higher on the session by 0.15%, trading at $84.36. Overall put volume is now running at 12.35x the daily average, with 2% of all puts traded being purchases on the offer. 1,556 contracts have traded on the session so far. DaVita Inc. is a provider of...
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IPC The Hospitalist Company Announces Patrick G. Hays' Resignation From Board of Directors
Friday, June 17, 2011 - 8:31am | 53IPC The Hospitalist Company, Inc. (Nasdaq: IPCM) announced today that Patrick G. Hays, 68, has resigned from its Board of Directors, effective June 15, 2011, for health reasons. Hays retired from his former position as President and Chief Executive Officer of the Blue Cross Blue Shield Association...
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Top 4 Mid-Cap Stocks In The Medical Laboratories & Research Industry With The Highest EPS Estimates
Friday, June 17, 2011 - 12:07am | 150Below are the top mid-cap medical laboratories & research stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Laboratory Corp of America Holdings (NYSE: LH) for the next year ending December, 2012 is $7.14 per share. LH's trailing-twelve...
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LabCorp Extends Tender Offer for All Outstanding Shares of Orchid Cellmark
Thursday, June 16, 2011 - 8:31am | 181Laboratory Corporation of America® Holdings (NYSE: LH) today announced that LabCorp is extending until 5:00 p.m., New York City time, on July 15, 2011, LabCorp's previously announced cash tender offer for all outstanding shares of the common stock of Orchid Cellmark Inc. (NASDAQ: ORCH). On May 17...