Express Scripts Reports Solid Quarter, Issues In-Line Guidance; Reiterating Our FVE
Even with the expected loss of the Anthem contract, we believe the outlook for Express Scripts remains solid as the company's cost-saving and efficiency services will still be needed by drug benefit plan sponsors. Additionally, the expansion of medical coverage to the previously uninsured and shifting demographics of the U.S. population should augment the operating environment for the pharmacy benefit manager sector overall. Express reported good second-quarter results, and we are reiterating ou...Express Scripts Holding is a pharmacy benefit management (PBM) company. The company has two reportable segments: PBM, which consists of clinical solutions, Express Scripts SafeGuardRx
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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