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Stock Market & Financial Investment News

News Breaks
July 25, 2014
07:22 EDTCNC, WCGCentene downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Centene (CNC) to Market Perform saying contribution from the Florida managed care Medicaid program may be lower than expected following comments from WellCare (WCG). Wells lowered its price target range for Centene shares to $79-$84 from $84-$89.
News For CNC;WCG From The Last 14 Days
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June 25, 2015
11:06 EDTCNC, WCGHospitals, insurers climb after Supreme Court rules on ACA subsidies
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10:11 EDTCNC, WCGACA tax subsidies upheld by Supreme Court
The decision of the Fourth Circuit was affirmed in King v. Burwell by a vote of 6 to 3, according to multiple media reports. The Supreme Court upholding the lower court ruling means that individuals who get health insurance through an exchange established by the federal government will be eligible for tax subsidies in all 50 states. Publicly traded companies in the health insurance space include Aetna (AET), Anthem (ANTM), Centene (CNC), Cigna (CI), Health Net (HNT), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH) and WellCare (WCG). Publicly traded companies in the hospital space include Community Health (CYH), HCA Holdings (HCA), LifePoint (LPNT), Tenet (THC) and Universal Health (UHS).
June 22, 2015
06:37 EDTCNC, WCGHealth insurers may change policies based on King v. Burwell ruling, NYT says
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June 19, 2015
10:09 EDTCNC, WCGFly Watch: Supreme Court may release key ACA decision soon
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June 18, 2015
07:51 EDTCNCIncrease in 3R backstop most positive for Humana, says Leerink
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