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Stock Market & Financial Investment News

News Breaks
June 3, 2014
06:36 EDTWCG, CNCCentene 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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December 19, 2014
07:15 EDTWCGWellCare identified as favorite mid-cap stock for 2015 at Stifel
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December 17, 2014
10:51 EDTWCG, CNCLeerink healthcare services analyst holds analyst/industry conference call
Healthcare Services Analyst Gupte provides outlook and favorite names for 2015 in the Hospitals and Managed Care Industry on an Analyst/Industry conference call to be held on December 18 at 1 pm.
December 16, 2014
08:50 EDTWCGWellCare appoints Blair Todt as Chief Legal and Administrative Officer
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08:13 EDTCNCCentene price target raised to $125 from $108 at Cantor
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07:57 EDTCNCCentene price target raised to $118 from $102 at Credit Suisse
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December 15, 2014
16:02 EDTWCGWellCare names current COO Kenneth Burdick as CEO
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08:41 EDTCNCCentene price target raised to $120 from $100 at Leerink
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December 12, 2014
06:06 EDTCNCCentene sees FY15 EPS $5.05-$5.35, consensus $4.92
Sees FY15 premium and service revenues $20.3B-$20.8B.
06:05 EDTCNCCentene backs FY14 EPS view of $4.35-$4.50, consensus $4.28
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December 10, 2014
14:45 EDTWCG, CNCDeal would block payments to health insurance companies, The Hill says
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December 9, 2014
10:31 EDTCNCCentene to host investor meeting
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