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Stock Market & Financial Investment News

News Breaks
June 3, 2014
06:36 EDTCNC, WCGCentene downgraded to Sell from Neutral at Citigroup
Citigroup downgraded Centene (CNC) to Sell saying that Ascension Health is not buying a publicly traded health plan, as has been speculated. Citi notes that in a recent bond document, Ascension stated that it has entered into a non-binding letter of intent to buy an insurance company, saying the purchase price "would not be material." Shares of Centene (CNC) and WellCare (WCG) rallied last week on the speculation, the firm points out. Citi sees near-term earnings risk for Centene and keeps a $65 price target for shares.
News For CNC;WCG From The Last 14 Days
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September 19, 2014
06:49 EDTCNC, WCGGovernment says 7.3M in private Obamacare plans, NY Times reports
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September 18, 2014
07:52 EDTCNCCentene subsidiary Sunshine Health awarded Commendable Accreditation from NCQA
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September 11, 2014
10:19 EDTCNCCentene management to meet with Oppenheimer
Meeting to be held in St. Louis on September 11 hosted by Oppenheimer.

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