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VOL. 127 | NO. 94 | Monday, May 14, 2012

Express Scripts Stock Rises After Q1 Growth Report

AP

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Shares of Express Scripts are climbing after the pharmacy benefits manger reported prescription growth in its first quarter since splitting with drugstore chain Walgreen.

Express Scripts says adjusted prescriptions totaled nearly 193 million in its first quarter, up 3.6 percent compared to last year. That figure treats 90-day mail-order prescriptions as three regular, 30-day prescriptions.

Walgreen had filled prescriptions for Express Scripts before a contract between the companies ended last year. Express Scripts officials say the split has helped their mail-order business.

Express Scripts said Thursday evening its first-quarter profit fell 18 percent as it incurred costs to close the $29 billion acquisition of competitor Medco Health Solutions. That deal closed April 2.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 49 213 4,664
MORTGAGES 68 278 5,611
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 250 504 10,250
BANKRUPTCIES 48 141 3,608
BUSINESS LICENSES 31 98 1,833
UTILITY CONNECTIONS 56 177 3,960
MARRIAGE LICENSES 10 55 1,079

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