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News Summary: Express Scripts 2Q profit declines

By The Associated Press
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HEALTHIER THAN EXPECTED: Express Scripts Holding Co. said second-quarter earnings fell 49 percent due to acquisition-related costs, but adjusted earnings per share of 88 cents topped the average analyst estimate. Revenue more than doubled.

WHAT THE DOCTOR ORDERED: Express Scripts completed its $29 billion acquisition of Medco Health shortly after the quarter began, and it said it remains on track for $1 billion in annual savings.

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