New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 21, 2014
11:30 EDTESRX, WLP, CNC, CI, MOHAnalyst sees Express Scripts benefiting from WellPoint member growth
After health insurer WellPoint (WLP) estimated that the number of people using its health insurance would rise by 1M-1.3M this year, Citigroup expects Express scripts to benefit from the increase. WHAT'S NEW: WellPoint announced that it expects its medical member base to rise by 1M-1.3M in 2014. The company also increased its 2014 earnings per share guidance to at least $8.20 per share, up from $8. In a note to investors earlier today, Citigroup analyst Garen Sarafian wrote that WellPoint had increased the outlook for its medical membership base from previous levels and that the insurer now predicts that the number of its medical members will rise by 3%-4% in 2014. Express Scripts, which provides pharmacy benefit management services for WellPoint, obtained over 12% of its 2013 revenue from WellPoint, the analyst stated. WellPoint's stronger than expected growth could lift Express Script's 2014 earnings per share by up to 7c, wrote Sarafian. He kept a $92 price target and Buy rating on Express Script. PRICE ACTION: In late morning trading, Express Scripts lost 0,4% to $77.65 and WellPoint added 0.7% to $100.45. WHAT'S NOTABLE: Other health insurers are rising in the wake of WellPoint's announcement, with Centene (CNC), Cigna (CI), and Molina (MOH) all higher by about 1%.
News For ESRX;WLP;CNC;CI;MOH From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 2, 2014
10:03 EDTCICigna-HealthSpring, Intel-GE Care Innovations expand program
In partnership with Intel (INTC)-GE (GE) Care Innovations, Cigna-HealthSpring, a unit of Cigna (CI), is expanding its population health program that utilizes interactive tablets, the Intel-GE Care Innovations Guide, and virtual connection to Cigna-HealthSpring nurse practitioners to partner and engage with patients diagnosed with congestive heart failure to manage their condition at home. Based on a successful pilot in Middle Tennessee that engaged 50 patients, the remote patient management program is now being implemented with 250 patients statewide with potential for further expansion.
08:38 EDTCICigna management to meet with Deutsche Bank
Subscribe for More Information
October 1, 2014
10:56 EDTESRXExpress Scripts deal positive, likely got good terms from Walgreen, says UBS
Subscribe for More Information
09:20 EDTESRXOn The Fly: Pre-market Movers
Subscribe for More Information
08:08 EDTCICigna management to meet with Deutsche Bank
Subscribe for More Information
07:33 EDTESRXExpress Scripts' plan offer preferred pharmacy network featuring Walgreens
Subscribe for More Information
September 30, 2014
07:48 EDTWLPLeerink to hold a roundtable
Subscribe for More Information
07:34 EDTCICigna management to meet with Deutsche Bank
Meeting to be held in Frankfurt on September 30 hosted by Deutsche Bank.
September 29, 2014
08:22 EDTCICigna management to meet with Deutsche Bank
Subscribe for More Information
September 24, 2014
06:45 EDTMOH, WLP, CNC, CIGovernment says more health insurers to enter exchanges in 2015, NY Times says
Subscribe for More Information
September 23, 2014
11:19 EDTCICigna, Virginia Quality Care Partners announce collaboration
Subscribe for More Information
September 22, 2014
10:15 EDTWLPOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:02 EDTWLPWellPoint upgraded to Buy from Neutral at BofA/Merrill
Subscribe for More Information
06:54 EDTCICigna removed from short-term buy list at Deutsche Bank
Subscribe for More Information
September 19, 2014
06:49 EDTCNC, WLP, MOH, CIGovernment says 7.3M in private Obamacare plans, NY Times reports
Subscribe for More Information
September 18, 2014
07:52 EDTCNCCentene subsidiary Sunshine Health awarded Commendable Accreditation from NCQA
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use