Walgreen and CVS sell tests of the quantity of men’s sperm
Read the rest here: A Drugstore Fertility Test for Him, Too
WINDERMERE, Fla. (Stockpickr) — Corporate insiders sell their own companies’ stock for a number of reasons.
They might need the cash for a big personal purchase such as a new house or yacht, or they might need the cash to fund a charity. Sometimes they sell as part of a planned selling program that they have put in place for diversification purposes, which allows them to sell stock in stages instead of selling all at one price.
Other times they sell because they think their stock is overvalued and the risk/reward is no longer attractive. Some even dump their own stock because they have inside knowledge that a competitor is eating their lunch and stealing market share.
…
Click to view a price quote on FSYS.
Click to research the Automotive industry.See the original post here: 5 Stocks Insiders Are Scooping Up
NEW YORK (TheStreet) — CVS Caremark raised its fiscal 2012 guidance on Wednesday adding to the pressure on Walgreen to end its standstill with Express Scripts, according to Gabelli analyst Jeff Jonas.
CVS raised its first quarter and full-year 2012 guidance because it anticipates a gain of 3 cents a share from Express Scripts’ decision to stop covering in-network prescriptions filled at Walgreen at the start of the year. Walgreen said Express Scripts wanted to cut reimbursement rates to below-industry-average cost levels and wanted to unilaterally define its contract terms.
CVS noted in a statement Wednesday that the guidance adjustment “only reflects the potential estimated benefit if the stalemate continues through the end of the first quarter, and does not contemplate any potential benefit beyond the first quarter.”
…
Click to view a price quote on CVS.
Click to research the Retail industry.Go here to read the rest: More Pressure on Walgreen for Express Scripts Deal
Category : Stocks
Post your comment!NEW YORK (TheStreet) — Walt Disney shares were falling in after-hours trading on Tuesday after a revenue miss.
Despite the miss, Guy Adami said on CNBC’s “Fast Money” TV show that Disney posted a big EPS beat and was a “screaming buy” if the broader market moves higher.
Karen Finerman said Disney deserves a premier valuation because it’s a premier company. Finerman, who owns the stock, said she’s impressed with the synergy of the company, which has many different businesses, some of which are functional and some not.
…
Click to view a price quote on DIS.
Click to research the Media industry.Go here to read the rest: ‘Fast Money’ Recap: Disney Deserves to Go Higher