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Stock Market & Financial Investment News

News Breaks
January 18, 2013
10:00 EDTCIHealthSpring signs five-year agreement with TriStar Health
HealthSpring announced a five-year agreement with HCA’s TriStar Health that will extend HealthSpring’s unique and proven quality programs to current and future HealthSpring patients using TriStar physicians and facilities
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May 14, 2013
19:35 EDTCICigna shares could climb 20%, Barron's says
Cigna, which is up more than 50% in the past 12 months, may climb another 20% if it trades closer to 12 times earnings, which it has done in the past, says Barron's Weekday Trader. The report cites Don Wordell, manager of the RidgeWorth Mid-Cap Value Equity fund, who says Cigna's story gets better and better as the company shores up its balance sheet with smart acquisitions and the divestiture of non-core businesses. Reference Link
10:01 EDTCIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AVG Technologies (AVG) downgraded to Neutral from Buy at Goldman... Cigna (CI) downgraded to Hold from Buy at Jefferies... Cree (CREE) downgraded to Neutral from Buy at Sterne Agee... Melco Crown (MPEL) downgraded to Neutral from Buy at UBS... SolarCity (SCTY) downgraded to Neutral from Buy at Roth Capital... KB Home (KBH) downgraded to Market Perform from Outperform at Raymond James... Ryland Group (RYL) downgraded to Underperform from Market Perform at Raymond James... Alere (ALR) downgraded to Hold from Buy at Craig-Hallum... Evolution Petroleum (EPM) downgraded to Hold from Buy at MLV Equity... Oil States (OIS) downgraded to Hold from Buy at BB&T... VIVUS (VVUS) downgraded to Neutral from Buy at Lazard Capital.
05:45 EDTCICigna downgraded to Hold from Buy at Jefferies
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May 13, 2013
16:09 EDTCICigna names Thomas McCarthy CFO to replace Ralph Nicoletti
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