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MHS

Medco Health Solutions, Inc.

5/23/2013, 9:24 AM ET

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Tuesday, August 14, 2012, 5:35 PM Lone Pine raises a few bets this quarter, upping its stakes in Gap (GPS) from 11.2M to 21.5M shares, Kinder Morgan Energy Partners (KMP) from 4.2M shares to 17.6M shares and Michael Kors from 5.2M to 9.2M shares. It cuts postitions in Dollar General (DG) from 13.4M to 3.7M and Owens Corning from 2.5M to 940K, and liquidates positions in Ariba (ARBA), El Paso (EP), Green Mountain Coffee (GMCR), Medco Health (MHS), TripAdvisor (TRIP) and Wynn Resorts (WYNN). 1 Comment [Consumer, Energy, Tech, Healthcare]
Monday, April 2, 2012, 11:10 AM Express Scripts (ESRX +3.3%) completes its $29.1B purchase of Medco (MHS -1.3%) following the FTC's approval of the deal. Three senior Medco execs will join Express' top team, although that doesn't incldue Medco CEO David Snow. Despite its dispute with Express, Walgreen's (WAG +2.3%) contract with Medco will be honored. 1 Comment [M&A, Top Stories, On the Move, Healthcare]
Monday, April 2, 2012, 8:53 AM After coming off of a trading halt that followed an announcement of FTC approval for the Express Scripts (ESRX)-Medco Health (MHS) merger, shares of both companies trade higher. ESRX +3.1% premarket, MHS +0.7%. 1 Comment [On the Move, M&A]
Monday, April 2, 2012, 8:12 AM The FTC officially approves the Express Scripts (ESRX)-Medco (MHS) merger after word came in last week that an approval was expected. Shares of ESRX and MHS are both currently halted for trading. Comment! [M&A]
Thursday, March 29, 2012, 1:12 PM While Express Scripts (ERX) and Medco (MHS) hope to close their $29.1B deal next week, two pharmacy groups and nine retail pharmacy companies file a lawsuit asking a federal court to stop the transaction. However, if the government OKs the deal, the chances of the lawsuit's success aren't great, says an antitrust expert. Comment! [M&A, Healthcare]
Wednesday, March 28, 2012, 5:55 PM Fossil (FOSL) will be added to the S&P 500. The company will replace Medco Health (MHS), which will soon be acquired by Express Scripts (ESRX), provided regulators don't get in the way. FOSL +2.3% AH. 1 Comment [Consumer, On the Move]
Wednesday, March 28, 2012, 9:06 AM Express Scripts (ESRX) tips off in a filing with the SEC that it expects to close its hotly contested deal to merge with Medco Health (MHS) as early as the week of April 2. Shares of MHS +5.6% premarket, ESRX +4.7%. 3 Comments [M&A, Tech]
Sunday, March 18, 2012, 5:41 AM Over 25 states are investigating Express Scripts' (ESRX) proposed $29.1B acquisition of Medco (MHS) for possible antitrust violations, Bloomberg reports. Five of the states, including New York and California, are considering lawsuits to challenge the deal should the FTC approve it. 1 Comment [M&A, Healthcare]
Tuesday, March 13, 2012, 8:44 AM Express Scripts (ESRX) and Medco (MHS) are delaying the closing of their merger to give antitrust regulators extra time to review the deal which would create the largest U.S. pharmacy benefits manager, according to an SEC filing. ESRX +1.5%, MHS +1.5% premarket. Comment! [M&A, Healthcare]
Friday, March 9, 2012, 1:06 PM The FTC is increasingly unlikely to block the Express Scripts (ESRX +1.8%)/Medco (MHS +1.7%) deal, reports the WSJ. It's not a surprise, but the stocks get a nice pop on the news. Comment! [Breaking News, Healthcare, On the Move, M&A]
Friday, March 2, 2012, 10:44 AM Even as nearly everyone concedes Express Scripts' (ESRX) takeover of Medco (MHS) will receive the regulatory OK, Bloomberg figures there may still be time for "a nice trade to play." If the deal closes on March 30, traders who bought the stock at yesterday’s closing price would still enjoy a 91% annualized return, far ahead of any other major current deal. Comment! [Healthcare, M&A, Quick Ideas]
Thursday, March 1, 2012, 2:30 PM On a day when it announced a major deal with the AARP, but delivered an uninspiring sales report, Walgreen (WAG -0.4%) is being downgraded to Underperform by BofA. The firm expects the loss of Medco Health's (MHS) pharmacy network 90 days after its acquisition by Express Scripts (ESRX) to lead to additional sales pressure, and thinks declining volumes will have a long-term effect on the pharmacy's ROIC. Comment! [Consumer, Quick Ideas]
Monday, February 27, 2012, 9:25 AM Express Scripts (ESRX) moves up 3.5% premarket and Medco Health (MHS) gains 4.9% off of a report that FTC lawyers have backed the merger between the two companies. 2 Comments [On the Move, M&A, Healthcare]
Tuesday, February 21, 2012, 6:46 AM Medco Health Solutions (MHS): Q4 EPS of $1.25 beats by $0.08. Revenue of $18.99B (+12.2% Y/Y) beats by $1.53B. (PR) Comment! [Earnings]
Tuesday, February 21, 2012, 12:05 AM Notable earnings before Tuesday's open: CCO, DAN, EXPD, GPC, HD, HL, HPT, M, MDT, MHS, MYL, NVE, ROC, SKS, SWC, WAB, WFT, WLK, WLT, WMT Comment! [Earnings]
Monday, February 20, 2012, 5:30 PM Notable earnings before Tuesday's open: CCO, DAN, EXPD, GPC, HD, HL, HPT, M, MDT, MHS, MYL, NVE, ROC, SKS, SWC, WAB, WFT, WLK, WLT, WMT Comment! [Earnings]