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Stock Market & Financial Investment News

News Breaks
March 4, 2013
13:25 EDTDVA, DVA, DVA, HCA, HCA, HCA, HUM, HUM, HUMLeerink's healthcare services analyst holds an analyst/industry conference call
Healthcare Services Analyst Gurda provides a perspective on the recently proposed 2014 Medicare Advantage (MA) rates and provides an update on healthcare reform on an Analyst/Industry conference call to be held on March 7 at 2 pm.
News For DVA;HCA;HUM From The Last 14 Days
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April 27, 2015
07:03 EDTDVADaVita upgraded to Outperform from Neutral at Baird
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April 22, 2015
08:31 EDTHUMHumana realigns financial reporting segments
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April 21, 2015
09:02 EDTHUMHumana at Home acquires Your Home Advantage, terms not disclosed
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April 20, 2015
12:40 EDTHCAHCA Holdings to repurchase 3.8M shares
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April 16, 2015
08:28 EDTHCAHCA Holdings reported strong Q1 results, says RBC Capital
After HCA Holdings reported stronger than expected Q1 results, RBC Capital says it was particularly encouraged that the company raised its guidance by more than the amount by which its earnings beat guidance. The firm says this indicates that the company has strong confidence in the sustainability of its underlying trends. RBC keeps an Outperform rating on the shares.
07:28 EDTHCAHCA Holdings results impressive, says SunTrust
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April 15, 2015
10:01 EDTDVADaVita sees taking $250M reserve for Vanier litigation
In a regulatory filing yesterday related to a bond offering, DaVita noted it has received subpoenas or other requests for documents from the federal government in connection with the Vainer private civil suit, the Swoben private civil suit, the 2011 U.S. Attorney Medicaid investigation, the 2015 U.S. Attorney Transportation Investigation and the JSA investigation. In each of the Vainer and Swoben private civil suits, a relator filed a complaint against the company in federal court under the qui tam provisions of the False Claims Act and pursued the claims independently after the government declined to intervene. With regard to the Vanier private civil suit, the parties are engaged in active litigation. The parties in that suit completed discovery in early 2014; however, in August 2014, the court granted relators’ motion for sanctions and reopened discovery on a limited basis. The court in Vainer is considering the plaintiffs’ request for further sanctions, which could result in a range of outcomes from no other sanctions to plaintiffs’ request to strike our answer. Certain of these sanctions could materially adversely impact the company's ability to defend the case, DaVita said. "While we cannot predict the ultimate outcome of this case, if the case is resolved in favor of the plaintiffs, its resolution could have a material adverse effect on our earnings and cash flows. We recently commenced settlement discussions with the plaintiffs in Vainer." The company said it expects to accrue an estimated loss contingency reserve of $250M related to this matter. "Negotiations are ongoing and we can make no assurances as to whether the Vainer suit will settle and, if it does settle, whether it will settle for an amount higher than the current reserve," DaVita added. With regard to the Swoben private civil suit, in July 2013, the court granted HCP’s motion and dismissed with prejudice all of the claims in the Third Amended Complaint, and in October 2013 the plaintiff filed an appeal of the dismissal, which is currently pending.
08:40 EDTHCAHospital stocks rise in pre-market after HCA boosts 2015 guidance
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08:34 EDTHCAHCA Holdings says Q1 same facility admissions increased 5.1%
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08:33 EDTHCAHCA Holdings raises FY15 adjusted EPS view to $4.90-$5.30 from $4.55-$4.95
Consensus is $4.93. Raises FY15 revenue view to $39B-$40B from $38.5B-$39.5B. Raises FY adjusted EBITDA view to $7.55B-$7.85B from $7.35B-$7.65B. Still sees FY CapEx approx. $2.4B. The Company’s revised 2015 guidance contains a number of assumptions that remain unchanged from its February 2015 guidance, including: The Company estimates approximately 6 to 7 percent of Adjusted EBITDA is attributable to the Patient Protection and Affordable Care Act.
08:31 EDTHCAHCA Holdings sees Q1 EPS approx. $1.35, conseuss $1.14
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April 14, 2015
12:13 EDTDVADaVita announces $725.94M repurchase program
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April 13, 2015
10:58 EDTHUMCigna, Humana seen as potential takeover targets in Managed Care space
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07:33 EDTHUMJefferies sees low probability of WellCare, Centene buyouts
After running several acquisition scenarios for the Managed Care space, Jefferies says potential takeovers of WellCare (WCG) and Centene (CNC) are "hard to justify." The firm estimates acquirers will only be able to generate 1%-3% accretion from buying either company at a 20% premium to current share prices. The deal that makes the most financial sense is Aetna (AET) buying Cigna (CI), Jefferies says today in a note to investors. Also financially attractive would be a buyout of Humana (HUM) by either Anthem (ANTM) or Aetna, the firm adds. After analyzing the Managed Care space, it upgraded this morning shares of UnitedHealth (UNH) to Buy from Hold with a $141 price target. Jefferies also has Buy ratings on Aetna, Anthem, Health Net (HNT) and Molina Healthcare (MOH).

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