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Soft Guidance Hammers Medco

Stock quotes in this article: MHS , ESRX  

Updated from 9 a.m.

Medco (MHS Quote) plunged 14% early Tuesday after the big mail-order pharmacy warned that 2006 earnings might not please Wall Street.

The company posted a 33% earnings gain for its third quarter, as revenue hit $9.3 billion. Third-quarter profits of 62 cents a share came in 2 cents ahead of the consensus estimate. ...

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