We maintain our ‘Neutral’ recommendation on Catalyst Health Solutions Inc. (CHSI) based on its imminent takeover by SXC Health Solutions Corp. (NASDAQ:SXCI), which is expected to boost the merged company’s competitive strength. The Invest Now program should also be beneficial to earnings.
However, weak financial leverage and dependence on a couple of clients for a large portion of revenue are the downsides.
Catalyst Health reported fourth-quarter operating earnings per share of 69 cents, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards