$EXAM (ExamWorks Group, Inc.)

$EXAM {{ '2016-01-11T15:23:31+0000' | timeago}} • Announcement

$EXAM said it has acquired ABI Document Support Services Inc. (ABI) for an all-cash purchase price of $62MM. The company stated that it funded the acquisition with cash on hand and borrowings under its existing senior secured revolving credit facility. ABI is expected to generate annual revenues of approx. $40MM in 2016.

$REGN {{ '2017-07-21T15:50:38+0000' | timeago}} • Announcement

$REGN and $SNY announced that the European Medicine Agency's Committee for Medicinal Products for Human Use has given a positive opinion for the marketing authorization of Dupixent (dupilumab), recommending its approval in Europe for use in adults with moderate-to-severe atopic dermatitis who are candidates for systemic therapy.

$PRSC {{ '2017-07-07T15:47:58+0000' | timeago}} • Announcement

$PRSC has appointed Jeff Felton as the CEO of its subsidiary LogistiCare Solutions, LLC, effective July 10, 2017. He most recently served as President of McKesson Connected Care and Analytics and he has also worked at Cardinal Health, Baxter Healthcare and Procter and Gamble.

$USPH {{ '2017-06-29T19:00:45+0000' | timeago}} • Webcast

$USPH estimates its corporate office costs, as a percentage of revenue, will be in the upper 8% to lower 9% range this year. The company said its recently adopted accounting standard and a change in the value of restricted share grants resulted in tax credit in 1Q17. The current focus is on acquisition-related opportunities to sustain growth.

$USPH {{ '2017-06-29T18:56:30+0000' | timeago}} • Webcast

$USPH expects its newly-launched analytics tool to bear good fruit as the year progresses. The company intends to continue consolidation of its smaller partnerships. The visits per clinic per day progressed sequentially in 1Q17 and has continued to progress well.

$WBA {{ '2017-06-29T14:01:47+0000' | timeago}} • Announcement

$WBA agreed to buy 2,186 stores, three distribution centers and related inventory from $RAD. $WBA expects the new transaction to be modestly accretive to its adjusted EPS in the first full year after the initial closing of the new transaction, and expects to realize synergies from the new transaction in excess of $400MM.

$WBA {{ '2017-06-29T14:01:00+0000' | timeago}} • Announcement

$WBA agreed to buy 2,186 stores, three distribution centers and related inventory from $RAD. This new agreement replaces the previous merger agreement with Rite Aid, announced in October 2015 and amended in January 2017. The initial closing of the new transaction is expected to occur within the next six months.

$WBA {{ '2017-06-29T14:00:00+0000' | timeago}} • Announcement

$WBA agreed to buy 2,186 stores, three distribution centers and related inventory from $RAD. The consideration for the transaction will be $5.175Bil in cash, the assumption by $WBA of the related real estate leases and the grant of an option to $RAD to become a member of $WBA's group purchasing organization, Walgreens Boots Alliance Development.

$WBA {{ '2017-06-29T13:35:36+0000' | timeago}} • Webcast

$WBA said that on the $RAD agreement, while the company is assuming a real-estate obligation, it is not assuming any debt. Additionally, $WBA is expecting the deal to give significant cash tax benefit, as it tax amortizes the intangible assets it acquires from $RAD.

$USPH {{ '2017-06-29T12:50:35+0000' | timeago}} • Announcement

$USPH's revenue for 1Q17 increased 12.3% from last year. This was primarily due to a 10.1% rise in net patient revenues from physical therapy operations, higher revenues from management contracts due to rise in managed facilities and one month of revenues from workforce performance solutions business acquired in March 2017.

$USPH {{ '2017-06-29T12:48:56+0000' | timeago}} • Announcement

$USPH reported a rise in 1Q17 earnings as a rise in net patient revenues from physical therapy operations and an increase in revenues from management contracts drove revenue higher. Net income rose to $4.82MM or $0.38 per share from $4.49MM or $0.36 per share last year. Revenue grew 12.3% to $97.57MM. Operating EPS increased 8.5% to $0.51.

$RAD {{ '2017-06-29T12:19:47+0000' | timeago}} • Announcement

In 1Q18, $RAD opened one store, relocated four, remodeled 67 and expanded one store, bringing the total number of wellness stores chainwide to 2,482. The company closed 14 stores, resulting in a total store count of 4,523 at the end of the first quarter.

$RAD {{ '2017-06-29T12:18:00+0000' | timeago}} • Announcement

Drugstore chain $RAD posted revenue of $7.8Bil in 1Q18, a decrease of 4.9%, as same store sales slid 3.9% YoY. Net loss widened to $75.3MM or $0.07 per share, compared to last year’s $4.6MM or $0.00 per share, hurt by lower pharmacy gross profit. Adjusted EBITDA was $192.6MM compared to $286MM in the year-over period.

$RAD {{ '2017-06-29T12:09:28+0000' | timeago}} • Announcement

$RAD and $WBA announced that the latter will not buy the former as initially announced. Instead of the previously announced deal that was severely scrutinized by the Federal Trade Commission, $WBA will instead buy 2,186 Rite Aid Stores and Related Assets for $5.17Bil. Rite Aid will receive $325MM from $WBA as termination fee.

$WBA {{ '2017-06-29T11:32:22+0000' | timeago}} • Announcement

$WBA, which reached an agreement with $RAD worth $5.17Bil today, reported a modest 5% increase in earnings for 3Q17 upon strategic partnerships that brought more patients to its pharmacies. Both sales and earnings inched up, with sales scaling up 2.1% to $30.1Bil, while earnings rose to $1,162MM. Adjusted earnings spiked 12.7% to $1.33 per share.

$MMSI {{ '2017-06-22T16:08:44+0000' | timeago}} • Announcement

$MMSI received 513(f)(2) (de novo) classification from the FDA to expand indication for $MMSI's Embosphere Microspheres. The indication now includes prostatic artery embolization (PAE) for symptomatic benign prostatic hyperplasia (BPH).

$CNMD {{ '2017-06-13T18:31:27+0000' | timeago}} • Announcement

$CNMD said it will pay a cash dividend of $0.2 per share on July 05, 2017. Shareholders who purchased Conmed Corp. stock prior to the ex-dividend date of June 13, 2017, are eligible for the dividend payment.

$REGN {{ '2017-06-12T10:58:03+0000' | timeago}} • Announcement

$REGN and $SNY announced positive results from two Phase 3b/4 ODYSSEY-DM trials in patients with diabetes. In the studies, Praluent, when administered on top of maximally tolerated doses of statins, significantly reduced low-density lipoprotein cholesterol, the primary endpoint of the study.

$CI {{ '2017-06-08T17:47:25+0000' | timeago}} • Announcement

$CI and $CVS announced the launch of Cigna Health WorksSM, a new collaboration that aligns Cigna-administered health benefits with CVS Pharmacy and CVS MinuteClinic retail health care services to deliver a consumer-friendly experience for Cigna self-funded employer-sponsored health plans.

$FRED {{ '2017-06-06T12:57:05+0000' | timeago}} • Webcast

$FRED is collaboratively working with $WBA, $RAD and Federal Trade Commission to obtain the FTC's approval of the divestiture of certain Rite Aid assets to Fred's Pharmacy in connection with Walgreen's pending acquisition of Rite Aid. The company is committed to purchasing additional assets, including up to 1,200 Rite Aid stores.

$FRED {{ '2017-06-06T12:56:11+0000' | timeago}} • Webcast

$FRED, which agreed to acquire 865 $RAD stores and certain assets in an $950MM deal in Dec. 2016,  closed underperforming stores and write off discontinued merchandise in 1Q17. The company said that it is on track with 2017 plan and expects to be profitable on an operational basis by the end of FY17.

Recent Transcripts

MMSI (Merit Medical Systems, Inc.)
Wednesday, July 26 2017 - 9:00pm
CNMD (CONMED Corporation)
Wednesday, July 26 2017 - 8:30pm
BABY (Natus Medical Inc.)
Wednesday, July 26 2017 - 3:00pm
CHE (Chemed Corp.)
Wednesday, July 26 2017 - 2:00pm
PETS (PetMed Express, Inc.)
Monday, July 24 2017 - 12:30pm
USPH (US Physical Therapy Inc.)
Thursday, June 29 2017 - 2:30pm
PMC (PharMerica Corporation)
Wednesday, May 10 2017 - 2:00pm
PRSC (Providence Service Corp.)
Wednesday, May 10 2017 - 12:00pm
ACAD (ACADIA Pharmaceuticals Inc.)
Tuesday, May 9 2017 - 9:00pm
PETS (PetMed Express, Inc.)
Monday, May 8 2017 - 12:30pm
SYN (Synthetic Biologics Inc.)
Thursday, May 4 2017 - 8:30pm
LHCG (LHC Group, Inc.)
Thursday, May 4 2017 - 3:00pm
CVS (CVS Health Corporation)
Tuesday, May 2 2017 - 12:30pm
MMSI (Merit Medical Systems, Inc.)
Thursday, April 27 2017 - 9:00pm
CHE (Chemed Corp.)
Thursday, April 27 2017 - 2:00pm
CNMD (CONMED Corporation)
Wednesday, April 26 2017 - 8:30pm
BABY (Natus Medical Inc.)
Wednesday, April 26 2017 - 3:00pm
USPH (US Physical Therapy Inc.)
Thursday, March 16 2017 - 2:30pm
PRSC (Providence Service Corp.)
Friday, March 10 2017 - 1:00pm
LHCG (LHC Group, Inc.)
Thursday, March 9 2017 - 4:00pm

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