Walgreens and Express Scripts May Have Solved Prescription Deal Issues

Express Scripts (NASDAQ:ESRX) and Medco Health (NYSE:MHS) join Walgreen (NYSE:WAG) in climbing higher based on rumors of a possible agreement between Walgreen and Express Scripts on a new prescription-claims deal. CVS (NYSE:CVS) is down slightly.

Here’s how these stocks are trading on the news:

  • Express Scripts Inc. (NASDAQ:ESRX): ESRX shares recently traded at $42.77, up $0.36, or 0.85%. Its market capitalization is $20.81 billion. They have traded in a 52-week range of $34.47 to $60.89. Volume today was 8,760,284 shares versus a 3-month average volume of 8,586,560 shares. The company’s trailing P/E is 16.84, while trailing earnings are $2.54 per share. About the company: Express Scripts, Inc is a full service pharmacy benefit management and specialty managed care company serving clients throughout North America. The Company’s customers include managed care organizations, insurance carriers, third party administrators, employers, and union-sponsored benefit plans. Express provides pharmacy network management, formulary management, and other services. Get the most recent company news and stock data here >>
  • MedcoHealth Solutions Inc. (NYSE:MHS): MHS shares recently traded at $54.34, up $0.38, or 0.7%. Its market capitalization is $21.03 billion. They have traded in a 52-week range of $44.60 to $66.38. Volume today was 3,347,343 shares versus a 3-month average volume of 3,581,740 shares. The company’s trailing P/E is 15.81, while trailing earnings are $3.44 per share. About the company: Medco Health Solutions, Inc. is a pharmacy benefit manager. The Company provides programs and services for its clients and the members of their pharmacy benefit plans, and for the physicians and pharmacies the members use. Get the most recent company news and stock data here >>
  • Walgreen Co. (NYSE:WAG): WAG shares recently traded at $32.00, up $1.26, or 4.1%. Its market capitalization is $28.46 billion. They have traded in a 52-week range of $30.34 to $47.11. Volume today was 13,094,013 shares versus a 3-month average volume of 8,103,830 shares. The company’s trailing P/E is 10.88, while trailing earnings are $2.94 per share. The company pays a dividend of $0.90 per share for a dividend yield of 2.90%. About the company: Walgreen Company operates retail drugstores that offer a wide variety of prescription and non-prescription drugs as well as general goods. The Company operates stores in the United States, the District of Columbia, Puerto Rico and Guam. Walgreen’s also offers health services, including primary and acute care, wellness, pharmacy and disease management services and health and fitness. Get the most recent company news and stock data here >>
  • CVS Caremark Corporation (NYSE:CVS): CVS shares recently traded at $37.21, down $0.39, or 1.04%. Its market capitalization is $48.43 billion. They have traded in a 52-week range of $30.73 to $39.50. Volume today was 7,681,368 shares versus a 3-month average volume of 10,887,100 shares. The company’s trailing P/E is 14.84, while trailing earnings are $2.51 per share. The company pays a dividend of $0.50 per share for a dividend yield of 1.30%. About the company: CVS Caremark Corporation is an integrated pharmacy health care provider. The Company’s offerings include pharmacy benefit management services; mail order, retail and specialty pharmacy; disease management programs; and retail clinics. The company operates drugstores throughout the U.S., the District of Columbia, and Puerto Rico. Get the most recent company news and stock data here >>

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