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PharMerica shares rise on positive outlook

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Detail shot of PharMerica's RxNow drug dispensing system. | Courtesy of PharMerica.

PharMerica’s shares rose sharply Wednesday after the company reported significantly higher third-quarter profit on slightly higher sales. CEO Greg Weishar said he expected a better fourth quarter and a higher profit in 2017, in part because of continued growth through acquisitions. Shares were trading at about $23 in late afternoon, up more than 10 percent, even […]

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