Breaking News Instant updates and real-time market news.

CVS

CVS Health

$73.71

0.65 (0.89%)

, AET

Acquired by CVS

$199.39

1.155 (0.58%)

08:59
11/06/18
11/06
08:59
11/06/18
08:59

CVS Health says 'pleased with solid performance' in Q3

Says first concept stores to be up and running in early 2019. Says making significant progress on enterprise streamlining efforts through process improvements and technology enhancements. Still expects to generate ~$475M in gross benefits this year; expects savings to ramp in 2019 in line with original expectations. Says for 2019 PBM selling season, to date has completed more than 90% of client renewals, roughly in line with previous years. Says gross wins $2.6B; net wins $875M, up ~$675M from last update. Says Retail pharmacy market share increased ~ 150 bps versus Q3 2017 to all-time high of 25.2%. Says 2019 will be "highly focused" on Aetna integration. Comments from Q3 earnings conference call.

CVS

CVS Health

$73.71

0.65 (0.89%)

AET

Acquired by CVS

$199.39

1.155 (0.58%)

  • 06

    Nov

CVS CVS Health
$73.71

0.65 (0.89%)

09/20/18
LEER
09/20/18
NO CHANGE
Target $250
LEER
Outperform
Cigna price target raised to $250 from $235 at Leerink
Leerink analyst Ana Gupte raised her price target on Outperform-rated Cigna (CI) to $250 from $235 following meetings with a panel of PBM and Specialty Rx specialists, which increased her bullishness on Cigna and Market Perform-rated Express Scripts (ESRX). In a research note to investors, Gupte says she also came away with raised confidence on the achiveability of the $4B annual drug cost savings from the Express Scripts switch by Anthem (ANTM) to IngenioRx in partnership with CVS (CVS). She adds that smaller independent PBMs still have niche opportunities with smaller regional third-party health plans, noting that Magellan Health (MGLN) is well positioned in this market, though loss of substantial business in Florida Seriously Mentally Ill is a headwind in Rx as well.
10/22/18
FBCO
10/22/18
NO CHANGE
Target $207
FBCO
Neutral
Aetna price target raised to $207 from $202 at Credit Suisse
Credit Suisse analyst A.J. Rice raised his price target for Aetna (AET) to $207 from $202, while reiterating a Neutral rating on the shares. The analyst noted that the DOJ preliminary approved CVS' (CVS) acquisition of Aetna after the latter reached an agreement to sell its Medicare Part D drug plan business to WellCare Health Plans. Connecticut approved the CVS-AET deal October 17, and New York is expected to reach a decision after October 25, Rice adds. At this point, the analyst feels deal approval has a high probability of occurring, albeit the timing could be slightly later than CVS' outlook of early Q4 closing. Overall, Rice is putting a 90%-95% probability on the deal closure.
10/25/18
WOLF
10/25/18
INITIATION
WOLF
Peer Perform
CVS Health initiated with a Peer Perform at Wolfe Research
Wolfe Research analyst Justin Lake assumed coverage on CVS Health with a Peer Perform citing moderating 2019 business momentum and limited growth visibility across the pharmacy and PBM businesses.
10/31/18
PIPR
10/31/18
DOWNGRADE
Target $206
PIPR
Neutral
Piper downgrades Aetna to Neutral on confidence of CVS deal closing
Piper Jaffray analyst Sarah James last night downgraded Aetna (AET) to Neutral from Overweight and lowered her price target for the shares to $206 from $212. The analyst is favorable on the fundamentals of Aetna's business and is confident the CVS Health (CVS) takeover will close given the recent Department of Justice approval. She believes Aetna shares will be range bound near the $206 per share takeout price.
AET Acquired by CVS
$199.39

1.155 (0.58%)

10/02/18
LEER
10/02/18
NO CHANGE
LEER
Outperform
Intersect ENT's Sinuva reimbursement policies 'steps in right direction,' says Leerink
Leerink analyst Richard Newitter reiterates an Outperform rating on Intersect ENT following some positive progress on the reimbursement front for Sinuva in the last several weeks, namely Aetna (AET) covering Sinuva and Anthem (ATNM) adding it to its formulary this past week. The analyst believes these positive coverage policies represent steps in the right direction to a potentially quicker and more consistent reimbursement process using the specialty pharmacy channel, an area where the company has faced some challenges.
10/30/18
PIPR
10/30/18
DOWNGRADE
Target $206
PIPR
Neutral
Aetna downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray analyst Sarah James downgraded Aetna to Neutral and lowered her price target to $206 from $212.

TODAY'S FREE FLY STORIES

SVA

Sinovac Biotech

$6.55

0.08 (1.24%)

16:11
02/22/19
02/22
16:11
02/22/19
16:11
Hot Stocks
Sinovac Biotech trading halted by the Nasdaq »

The Nasdaq Stock Market…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DHIL

Diamond Hill Investment Group Inc

$145.50

-7.6 (-4.96%)

16:10
02/22/19
02/22
16:10
02/22/19
16:10
Hot Stocks
Diamond Hill Investment chairman Ric Dillon to retire »

The board of directors of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NEM

Newmont Mining

$36.42

1.03 (2.91%)

, GG

Goldcorp

$11.11

-0.4 (-3.48%)

16:08
02/22/19
02/22
16:08
02/22/19
16:08
Hot Stocks
Newmont Mining, Goldcorp obtain interim order for plan of arrangement »

Newmont Mining (NEM) and…

NEM

Newmont Mining

$36.42

1.03 (2.91%)

GG

Goldcorp

$11.11

-0.4 (-3.48%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HL

Hecla Mining

$2.59

-0.145 (-5.31%)

16:07
02/22/19
02/22
16:07
02/22/19
16:07
Syndicate
Breaking Syndicate news story on Hecla Mining »

Hecla Mining files…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DIOD

Diodes

$41.40

0.39 (0.95%)

, TXN

Texas Instruments

$107.20

0.59 (0.55%)

16:07
02/22/19
02/22
16:07
02/22/19
16:07
Hot Stocks
Diodes names Brett Whitmire as CFO, effective March 1 »

Diodes (DIOD) announced…

DIOD

Diodes

$41.40

0.39 (0.95%)

TXN

Texas Instruments

$107.20

0.59 (0.55%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Feb

NCR

NCR Corp.

$28.90

0.58 (2.05%)

16:06
02/22/19
02/22
16:06
02/22/19
16:06
Hot Stocks
NCR acquires reseller BEC, terms not disclosed »

NCR Corporation announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Feb

TAHO

Tahoe Resources

$3.67

(0.00%)

16:00
02/22/19
02/22
16:00
02/22/19
16:00
Hot Stocks
Breaking Hot Stocks news story on Tahoe Resources »

Tahoe Resources trading…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SPY

SPDR S&P 500 ETF Trust

$278.71

1.28 (0.46%)

, SPX

S&P 500

$0.00

(0.00%)

15:57
02/22/19
02/22
15:57
02/22/19
15:57
Periodicals
Special Counsel Mueller will not release his report next week, NBC reports »

Contrary to press…

SPY

SPDR S&P 500 ETF Trust

$278.71

1.28 (0.46%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AAPL

Apple

$172.39

1.27 (0.74%)

15:55
02/22/19
02/22
15:55
02/22/19
15:55
Periodicals
Apple to shutter stores in Eastern District of Texas, MacRumors reports »

Apple intends to shutter…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Mar

  • 01

    Mar

DPLO

Diplomat Pharmacy

$5.67

-7.79 (-57.88%)

15:54
02/22/19
02/22
15:54
02/22/19
15:54
Downgrade
Diplomat Pharmacy rating change  »

Diplomat Pharmacy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Feb

  • 11

    Mar

  • 12

    Mar

LIN

Linde plc

$173.06

1.65 (0.96%)

, LYB

LyondellBasell

$88.93

0.42 (0.47%)

15:51
02/22/19
02/22
15:51
02/22/19
15:51
Hot Stocks
FTC approves Linde's application for sale of plant to LyondellBasell »

The Federal Trade…

LIN

Linde plc

$173.06

1.65 (0.96%)

LYB

LyondellBasell

$88.93

0.42 (0.47%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    May

MGEE

MGE Energy

$66.40

0.42 (0.64%)

15:50
02/22/19
02/22
15:50
02/22/19
15:50
Earnings
MGE Energy reports Q4 EPS 47c vs. $1.04 last year »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

KPTI

Karyopharm

$4.91

-4.05 (-45.20%)

15:50
02/22/19
02/22
15:50
02/22/19
15:50
Options
44% dive in shares motivates interest in KKaryopharm far upside calls »

44% dive in shares…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Feb

  • 28

    Feb

  • 06

    Apr

NESR

National Energy Services

$8.75

0.005 (0.06%)

15:48
02/22/19
02/22
15:48
02/22/19
15:48
Syndicate
Breaking Syndicate news story on National Energy Services »

National Energy Services…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Feb

  • 27

    Feb

  • 28

    Feb

NIO

NIO Inc.

$7.97

0.355 (4.66%)

15:44
02/22/19
02/22
15:44
02/22/19
15:44
Periodicals
CBS teases upcoming 60 Minutes feature on NIO Inc. »

The 60 Minutes report,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 05

    Mar

BRK.A

Berkshire Hathaway

$302,770.46

-5154.54 (-1.67%)

, BRK.B

Berkshire Hathaway

$201.90

-3.41 (-1.66%)

15:39
02/22/19
02/22
15:39
02/22/19
15:39
Periodicals
Berkshire Hathaway in advanced talks to sell Applied Underwriters, Reuters says »

Berkshire Hathaway is in…

BRK.A

Berkshire Hathaway

$302,770.46

-5154.54 (-1.67%)

BRK.B

Berkshire Hathaway

$201.90

-3.41 (-1.66%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

WTW

WW

$29.34

0.27 (0.93%)

15:35
02/22/19
02/22
15:35
02/22/19
15:35
Options
Weight Watchers put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Feb

  • 06

    Mar

15:35
02/22/19
02/22
15:35
02/22/19
15:35
General news
U.S. Treasury Market Summary »

U.S. Treasury Market…

15:28
02/22/19
02/22
15:28
02/22/19
15:28
Conference/Events
House Financial Services Committee to hold a hearing »

The Committee holds a…

IWM

iShares Trust Russell 2000 Index Fund

$157.79

1 (0.64%)

, RUT

Russell 2000 Index

$0.00

(0.00%)

15:22
02/22/19
02/22
15:22
02/22/19
15:22
Technical Analysis
On The Fly: Weekly technical notes for Russell 2000 »

For the holiday-shortened…

IWM

iShares Trust Russell 2000 Index Fund

$157.79

1 (0.64%)

RUT

Russell 2000 Index

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

XLB

S&P Select Materials SPDR

$55.68

0.14 (0.25%)

, XLE

Energy Select Sector SPDR

$65.66

0.1 (0.15%)

15:22
02/22/19
02/22
15:22
02/22/19
15:22
Technical Analysis
On The Fly: Weekly technical notes for S&P 500 »

At time of writing the…

XLB

S&P Select Materials SPDR

$55.68

0.14 (0.25%)

XLE

Energy Select Sector SPDR

$65.66

0.1 (0.15%)

XLF

Financial Select Sector

$26.43

-0.085 (-0.32%)

XLI

Industrial Select Sector SPDR

$75.89

0.19 (0.25%)

XLY

Consumer Discretionary Sector SPDR

$110.81

0.31 (0.28%)

XLV

Health Care Select Sector SPDR

$92.29

0.59 (0.64%)

XLK

Technology Select Sector SPDR

$70.39

0.64 (0.92%)

SPY

SPDR S&P 500 ETF Trust

$278.35

0.92 (0.33%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

15:21
02/22/19
02/22
15:21
02/22/19
15:21
Conference/Events
House Appropriations Committee to hold a hearing »

The Subcommittee on…

RF

Regions Financial

$16.16

-0.085 (-0.52%)

15:20
02/22/19
02/22
15:20
02/22/19
15:20
Options
Call spreads in Regions Financial as bullish positions are adjusted »

Call spreads in Regions…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Feb

  • 27

    Feb

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

15:17
02/22/19
02/22
15:17
02/22/19
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

15:16
02/22/19
02/22
15:16
02/22/19
15:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.