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Stock Market & Financial Investment News

News Breaks
January 7, 2013
16:40 EDTAETAetna reaffirms FY12 EPS view approximately $5.10, consensus $5.14
Reaffirms FY12 revenue view approximately $35.5B, consensus $35.57B. Year-end 2012 medical membership is projected to be approximately 18.2M members. With respect to medical cost trend, remains confident in full-year 2012 Commercial medical cost trend projection of 6.5% Ī 0.5%, pricing and forecasting assumptions, and the adequacy of the company's reserves.
News For AET From The Last 14 Days
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July 25, 2014
10:52 EDTAETWellCare issues largely company-specific, says UBS
UBS notes that aside from WellCare (WCG), which attributed its lowered guidance to the start-up of its Florida MMA program and other issues, that Centene (CNC), WellPoint (WLP), UnitedHealth (UNH) and Humana (HUM) are the leaders in Medicaid in the state. However, the firm believes a majority of WellCare's issues appear company specific and UBS views any weakness in UnitedHealth, WellPoint, Aetna (AET), or Cigna (CI) as opportunity to buy those four stocks, on all of which it has Buy ratings.
July 24, 2014
06:50 EDTAETConsumers received $9B in refunds from health insurers, The Hill says
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July 22, 2014
13:46 EDTAETCourt upholds Obamacare subsidies, NY Times says
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10:43 EDTAETAppeals court bars subsidies in health care law
A three-judge panel of the D.C. Circuit Court of Appeals struck down part of President Obama's healthcare law by siding today with plaintiffs who argued that the law barred the government from giving subsidies to people in states that chose not to set up their own insurance marketplaces. The appeals court stated, "Because we conclude that the ACA unambiguously restricts the section 36B subsidy to insurance purchased on Exchanges 'established by the State,' we reverse the district court and vacate the IRSís regulation." Twenty-seven states decided against setting up marketplaces, and another nine states partially opted out, according to the Washington Post.

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