Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
SP Plus enters into regional enhanced purchased pact with Yankee Alliance » 16:41
06/18/20
06/18
16:41
06/18/20
16:41
SP

SP Plus

$21.84 /

+0.11 (+0.51%)

, PINC

Premier

$34.75 /

+0.64 (+1.88%)

SP Plus Corporation (SP)…

SP Plus Corporation (SP) announced the award of an enhanced group purchasing agreement with Yankee Alliance Supply Chain Solutions, LLC and Yankee Alliance, LLC, a member-driven healthcare group purchasing organization with more than 16,800 members. Effective June 1, 2020, the new agreement designates SP+ as Yankee Alliance's preferred contracted supplier for parking and transportation operations, including parking management and planning, valet, shuttle, concierge, enforcement, facility maintenance, and patient, wheelchair and vehicle transport services. Under the agreement, participating members who enlist SP+ to provide parking and transportation services are also eligible to receive enhancements to drive additional value and savings through their aggregation philosophy. SP+ is already actively engaged in discussions related to contract activations and conversions to promote utilization of the agreement. Under this new agreement, SP+ is able to include unique value and services which are specific to the needs of Yankee Alliance members. As an affiliate of Premier, Inc. (PINC), Yankee Alliance members are also eligible to benefit from a national agreement between SP+ and Premier, which was initially executed in September 2019 as part of the SP+'s expansion of its healthcare services.

ShowHide Related Items >><<
SP SP Plus
$21.84 /

+0.11 (+0.51%)

PINC Premier
$34.75 /

+0.64 (+1.88%)

SP SP Plus
$21.84 /

+0.11 (+0.51%)

05/11/20 Barrington
SP Plus price target lowered to $36 from $51 at Barrington
01/07/20 Barrington
Adtalem, Tivity, Virtusa among Barrington's Best Ideas for 2020
11/06/19 Barrington
SP Plus price target raised to $51 from $43 at Barrington
08/08/19 Barrington
Barrington reiterates Outperform on SP Plus Corp. after 'strong' quarter
PINC Premier
$34.75 /

+0.64 (+1.88%)

05/12/20
Fly Intel: Top five analyst initiations
05/12/20 Cantor Fitzgerald
Premier initiated with an Overweight at Cantor Fitzgerald
04/13/20 SVB Leerink
Premier initiated with an Outperform at SVB Leerink
02/04/20 Piper Sandler
Piper Sandler cautious on Premier's Acurity/Nexera deal
SP SP Plus
$21.84 /

+0.11 (+0.51%)

PINC Premier
$34.75 /

+0.64 (+1.88%)

Hot Stocks
Premier announces oncology-focused purchasing alliance for branded cancer drugs » 13:03
06/18/20
06/18
13:03
06/18/20
13:03
PINC

Premier

$34.50 /

+0.39 (+1.14%)

Premier announced the…

Premier announced the debut of Intersectta, a new oncology-focused group purchasing organization, or GPO, to source cancer and other specialty drugs. "Through this program, Premier plans to strike innovative new partnerships with pharmaceutical companies, putting branded products on negotiated contracts at competitive prices. In addition, Premier will provide participants access to robust market data to better understand real-world prescribing, utilization and off-label trends. Guided by an Advisory Committee composed of 20 of the nation's largest and most prestigious health system providers representing more than 385 individual hospitals providing care to nearly 8 million patients living with cancer, Intersectta will initially focus on a targeted pipeline of nearly 70 oncology drugs that are most commonly used in cancer care," the company stated.

ShowHide Related Items >><<
PINC Premier
$34.50 /

+0.39 (+1.14%)

PINC Premier
$34.50 /

+0.39 (+1.14%)

05/12/20
Fly Intel: Top five analyst initiations
05/12/20 Cantor Fitzgerald
Premier initiated with an Overweight at Cantor Fitzgerald
04/13/20 SVB Leerink
Premier initiated with an Outperform at SVB Leerink
02/04/20 Piper Sandler
Piper Sandler cautious on Premier's Acurity/Nexera deal
PINC Premier
$34.50 /

+0.39 (+1.14%)

Over a month ago
Hot Stocks
Premier ProvideGx program partners with Hikma to secure supply of drugs » 09:58
05/28/20
05/28
09:58
05/28/20
09:58
PINC

Premier

$34.64 /

+0.47 (+1.38%)

Premier, through its…

Premier, through its ProvideGx program, has partnered with Hikma Pharmaceuticals to supply amiodarone and sterile water to healthcare providers, helping to stabilize the long-term supply of two medications vital for COVID-19 patient care. Amiodarone is used to manage late onset cardiac arrest and ventrical arrhythmia, two common complications associated with hospitalized COVID-19 patients. Although this drug is not currently on the U.S. Food and Drug Administration's drug shortage list, Premier's purchasing data shows that amiodarone is heavily backordered, with just 55 percent of orders being fulfilled due to the dramatic spike in demand during the first quarter of 2020. Sterile water is currently on the American Society of Health-System Pharmacists shortage list and has historically rolled on and off the FDA's shortage list due to production delays and increased demand. Sterile water is used to reconstitute many medications for injection, including remdesivir, which has been shown to speed COVID-19 recovery times. The financial terms of Premier's agreement with Hikma were not disclosed. Revenues from this agreement are not expected to materially impact Premier FY 2020 results.

ShowHide Related Items >><<
PINC Premier
$34.64 /

+0.47 (+1.38%)

PINC Premier
$34.64 /

+0.47 (+1.38%)

05/12/20
Fly Intel: Top five analyst initiations
05/12/20 Cantor Fitzgerald
Premier initiated with an Overweight at Cantor Fitzgerald
04/13/20 SVB Leerink
Premier initiated with an Outperform at SVB Leerink
02/04/20 Piper Sandler
Piper Sandler cautious on Premier's Acurity/Nexera deal
PINC Premier
$34.64 /

+0.47 (+1.38%)

PINC Premier
$34.64 /

+0.47 (+1.38%)

Hot Stocks
Premier, 15 health systems acquire minority stake in Prestige Ameritech » 07:05
05/26/20
05/26
07:05
05/26/20
07:05
PINC

Premier

$33.20 /

-0.58 (-1.72%)

Premier and 15 health…

Premier and 15 health systems acquired a minority stake in Prestige Ameritech,a domestic manufacturer of face masks, including N95 respirators and surgical masks. Under the agreement, Premier members commit to purchase a portion of all face masks they use annually from Prestige Ameritech for up to six years, inclusive of a three-year renewal option. The arrangement with Prestige Ameritech is part of Premier's newly announced strategy to work with members to invest in domestic and geographically diverse suppliers of PPE and other medical equipment currently in shortage due to the COVID-19 pandemic. PPE products critical for the daily operations of health systems are mostly sourced overseas, with approximately 80% coming from China and Southeast Asia. The company said, "Risks of this overreliance on Asia came into sharp focus as COVID-19 swept across the globe and these nations closed borders and prevented U.S. access to supplies, triggering widespread shortages of PPE needed to protect healthcare workers and patients." In contrast, Prestige Ameritech represents a domestic supply chain, with production completed in the United States. Prestige also sells 100% of its products to U.S. customers. Financial terms of the agreement were not disclosed.

ShowHide Related Items >><<
PINC Premier
$33.20 /

-0.58 (-1.72%)

PINC Premier
$33.20 /

-0.58 (-1.72%)

05/12/20
Fly Intel: Top five analyst initiations
05/12/20 Cantor Fitzgerald
Premier initiated with an Overweight at Cantor Fitzgerald
04/13/20 SVB Leerink
Premier initiated with an Outperform at SVB Leerink
02/04/20 Piper Sandler
Piper Sandler cautious on Premier's Acurity/Nexera deal
PINC Premier
$33.20 /

-0.58 (-1.72%)

PINC Premier
$33.20 /

-0.58 (-1.72%)

Initiation
Fly Intel: Top five analyst initiations » 10:13
05/12/20
05/12
10:13
05/12/20
10:13
ARVN

Arvinas

$56.68 /

-0.07 (-0.12%)

, CLLS

Cellectis

$14.95 /

-0.27 (-1.77%)

, CRNC

Cerence

$23.95 /

+0.02 (+0.08%)

, PINC

Premier

$31.16 /

+0.51 (+1.66%)

, TCP

TC PipeLines

$34.06 /

+0.9 (+2.71%)

, TRP

TC Energy

$47.34 /

+0.25 (+0.53%)

Catch up on today's…

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Arvinas (ARVN) initiated with a Perform at Oppenheimer. 2. Cellectis (CLLS) initiated with an Outperform at Baird. 3. Cerence (CRNC) initiated with an Outperform at Cowen. 4. Premier (PINC) initiated with an Overweight at Cantor Fitzgerald. 5. TC PipeLines (TCP) was initiated with a Buy at Jefferies while TC Energy (TRP) was initiated with a Hold. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
TRP TC Energy
$47.34 /

+0.25 (+0.53%)

PINC Premier
$31.16 /

+0.51 (+1.66%)

CRNC Cerence
$23.95 /

+0.02 (+0.08%)

CLLS Cellectis
$14.95 /

-0.27 (-1.77%)

ARVN Arvinas
$56.68 /

-0.07 (-0.12%)

ARVN Arvinas
$56.68 /

-0.07 (-0.12%)

05/11/20 Oppenheimer
Arvinas initiated with a Perform at Oppenheimer
05/04/20 Roth Capital
Arvinas price target raised to $65 from $35 at Roth Capital
04/29/20 H.C. Wainwright
Arvinas price target raised to $60 from $50 at H.C. Wainwright
04/21/20 Cantor Fitzgerald
Arvinas could have 'major' year in 2020, says Cantor Fitzgerald
CLLS Cellectis
$14.95 /

-0.27 (-1.77%)

05/11/20 Baird
Cellectis initiated with an Outperform at Baird
03/06/20 Citi
Cellectis price target raised to $16 from $14 at Citi
03/06/20 Goldman Sachs
Cellectis downgraded to Sell from Neutral at Goldman Sachs
03/05/20 William Blair
Cellectis data at year end should be 'major catalyst,' says William Blair
CRNC Cerence
$23.95 /

+0.02 (+0.08%)

05/12/20 Cowen
Cerence initiated with an Outperform at Cowen
01/07/20 Goldman Sachs
Cerence initiated with a Sell at Goldman Sachs
12/18/19 Craig-Hallum
Cerence initiated with a Buy at Craig-Hallum
10/02/19 Evercore ISI
Cerence initiated with an Outperform at Evercore ISI
PINC Premier
$31.16 /

+0.51 (+1.66%)

05/12/20 Cantor Fitzgerald
Premier initiated with an Overweight at Cantor Fitzgerald
04/13/20 SVB Leerink
Premier initiated with an Outperform at SVB Leerink
02/04/20 Piper Sandler
Piper Sandler cautious on Premier's Acurity/Nexera deal
12/03/19 SunTrust
Premier takeout range of $40 to $45 'could make sense,' says SunTrust
TCP TC PipeLines
$34.06 /

+0.9 (+2.71%)

05/12/20 Jefferies
TC PipeLines initiated with a Buy at Jefferies
04/15/20 JPMorgan
JPMorgan double upgrades TC PipeLines to Overweight from Underweight
04/15/20 JPMorgan
TC PipeLines upgraded to Overweight from Underweight at JPMorgan
03/20/20 Wolfe Research
TC PipeLines upgraded to Outperform from Peer Perform at Wolfe Research
TRP TC Energy
$47.34 /

+0.25 (+0.53%)

05/12/20 Jefferies
TC Energy initiated with a Hold at Jefferies
03/20/20 Industrial Alliance
TC Energy upgraded to Buy from Hold at Industrial Alliance
03/16/20 Morgan Stanley
Morgan Stanley shakes up Midstream ratings in expectation of continued pressure
TRP TC Energy
$47.34 /

+0.25 (+0.53%)

TCP TC PipeLines
$34.06 /

+0.9 (+2.71%)

PINC Premier
$31.16 /

+0.51 (+1.66%)

CRNC Cerence
$23.95 /

+0.02 (+0.08%)

CLLS Cellectis
$14.95 /

-0.27 (-1.77%)

ARVN Arvinas
$56.68 /

-0.07 (-0.12%)

PINC Premier
$31.16 /

+0.51 (+1.66%)

TRP TC Energy
$47.34 /

+0.25 (+0.53%)

CRNC Cerence
$23.95 /

+0.02 (+0.08%)

CLLS Cellectis
$14.95 /

-0.27 (-1.77%)

ARVN Arvinas
$56.68 /

-0.07 (-0.12%)

Initiation
Premier initiated with an Overweight at Cantor Fitzgerald » 08:05
05/12/20
05/12
08:05
05/12/20
08:05
PINC

Premier

$30.65 /

+0.14 (+0.46%)

Cantor Fitzgerald analyst…

Cantor Fitzgerald analyst Steven Halper initiated coverage of Premier with an Overweight rating and $42 price target. As the second largest group purchasing organization, the company has an "unmatched combination of scale and data" that creates a strong value proposition, Halper tells investors.

ShowHide Related Items >><<
PINC Premier
$30.65 /

+0.14 (+0.46%)

PINC Premier
$30.65 /

+0.14 (+0.46%)

04/13/20 SVB Leerink
Premier initiated with an Outperform at SVB Leerink
02/04/20 Piper Sandler
Piper Sandler cautious on Premier's Acurity/Nexera deal
12/03/19 SunTrust
Premier takeout range of $40 to $45 'could make sense,' says SunTrust
12/03/19 Jefferies
Premier shares could be worth $43-$48 in leveraged buyout, says Jefferies
PINC Premier
$30.65 /

+0.14 (+0.46%)

PINC Premier
$30.65 /

+0.14 (+0.46%)

Earnings
Premier backs FY20 adj. EBITDA guidance of $566M-$589M  07:24
05/05/20
05/05
07:24
05/05/20
07:24
PINC

Premier

$31.27 /

-1.13 (-3.49%)

 
ShowHide Related Items >><<
PINC Premier
$31.27 /

-1.13 (-3.49%)

04/13/20 SVB Leerink
Premier initiated with an Outperform at SVB Leerink
02/04/20 Piper Sandler
Piper Sandler cautious on Premier's Acurity/Nexera deal
12/03/19 SunTrust
Premier takeout range of $40 to $45 'could make sense,' says SunTrust
12/03/19 Jefferies
Premier shares could be worth $43-$48 in leveraged buyout, says Jefferies
Earnings
Premier backs FY20 Performance Services revenue guidance of $340M-$354M  07:24
05/05/20
05/05
07:24
05/05/20
07:24
PINC

Premier

$31.27 /

-1.13 (-3.49%)

 
ShowHide Related Items >><<
PINC Premier
$31.27 /

-1.13 (-3.49%)

04/13/20 SVB Leerink
Premier initiated with an Outperform at SVB Leerink
02/04/20 Piper Sandler
Piper Sandler cautious on Premier's Acurity/Nexera deal
12/03/19 SunTrust
Premier takeout range of $40 to $45 'could make sense,' says SunTrust
12/03/19 Jefferies
Premier shares could be worth $43-$48 in leveraged buyout, says Jefferies
Earnings
Premier backs FY20 Supply Chain Services revenue guidance of $895M-$930M  07:23
05/05/20
05/05
07:23
05/05/20
07:23
PINC

Premier

$31.27 /

-1.13 (-3.49%)

 
ShowHide Related Items >><<
PINC Premier
$31.27 /

-1.13 (-3.49%)

04/13/20 SVB Leerink
Premier initiated with an Outperform at SVB Leerink
02/04/20 Piper Sandler
Piper Sandler cautious on Premier's Acurity/Nexera deal
12/03/19 SunTrust
Premier takeout range of $40 to $45 'could make sense,' says SunTrust
12/03/19 Jefferies
Premier shares could be worth $43-$48 in leveraged buyout, says Jefferies
Earnings
Premier backs FY20 adj. EPS view of $2.76-$2.89, consensus $2.84 » 07:23
05/05/20
05/05
07:23
05/05/20
07:23
PINC

Premier

$31.27 /

-1.13 (-3.49%)

Backs FY20 revenue…

Backs FY20 revenue guidance of $1.24B-$1.28B, consensus $1.26B. Based on results for the nine months ended March 31, 2020, management's expectations for the remainder of fiscal 2020, the realization in all material respects of the company's underlying guidance assumptions and the estimated financial impact of COVID-19 on the company, Premier currently expects to complete fiscal 2020 within its previously announced guidance ranges. However, due to uncertainty regarding the extent and duration of the unprecedented COVID-19 pandemic, it is possible that Supply Chain Services revenue might slightly exceed the top end of its current range, while non-GAAP adjusted EBITDA and fully distributed earnings per share could finish below their respective ranges.

ShowHide Related Items >><<
PINC Premier
$31.27 /

-1.13 (-3.49%)

04/13/20 SVB Leerink
Premier initiated with an Outperform at SVB Leerink
02/04/20 Piper Sandler
Piper Sandler cautious on Premier's Acurity/Nexera deal
12/03/19 SunTrust
Premier takeout range of $40 to $45 'could make sense,' says SunTrust
12/03/19 Jefferies
Premier shares could be worth $43-$48 in leveraged buyout, says Jefferies

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.