Allscripts Healthcare Solutions Inc.’s best hope for shareholders now lies in private equity after management turmoil and disappointing earnings erased half of the medical-software provider’s market value.
Laboratory Corp. of America Holdings is offering one of the biggest bargains to private-equity firms searching for health-care deals before a government-mandated overhaul adds millions of new customers.
Allscripts Healthcare Solutions Inc., an electronic-health records provider, plunged the most in more than three years after its chairman was fired in a board dispute and three directors resigned in protest.
Express Scripts Holding Co., the largest U.S. processor of drug prescriptions, raised its annual profit forecast as gross margins improved following its April acquisition of Medco Health Solutions Inc.
Teva Pharmaceutical Industries Ltd. extended its best start to a year since 2010 as exclusive rights to sell two medications boosted prospects U.S. sales for the world’s largest maker of generic drugs will recover in 2012.
Israeli companies listed in the U.S. are posting the biggest gains this quarter among the 100 largest Tel Aviv-traded stocks as increased takeovers and improved profits mitigate global economic slowdown and geopolitical concerns.