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Stock Market & Financial Investment News

News Breaks
August 5, 2014
07:57 EDTTHC, LPNT, UNH, AGP, HS, WLP, UHS, HCA, MOH, AET, HUM, WCG, CYH, CNC, CI, HNTACA has brought patients to hospitals, new costs to insurers, WSJ says
The Affordable Care Act has driven increases in the number of people getting back surgeries, seeking maternity care and showing up at emergency rooms, which has been a boon to hospital operators but has racked up costs that insurers didn't anticipate, said The Wall Street Journal, citing corporate filings and interviews with executives. Publicly traded hospital operators include Community Health (CYH), HCA Holdings (HCA), LifePoint Hospitals (LPNT), Tenet (THC) and Universal Health (UHS). Publicly traded health insurers include AMERIGROUP (AGP), Aetna (AET), Centene (CNC), Cigna (CI), Health Net (HNT), Healthspring (HS), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH), WellCare (WCG) and WellPoint (WLP). Reference Link
News For HCA;LPNT;CYH;UHS;THC;WCG;WLP;HNT;HUM;HS;CI;AET;AGP;CNC;MOH;UNH From The Last 14 Days
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March 23, 2015
12:17 EDTHUMOn The Fly: Midday Wrap
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10:05 EDTTHCTenet added to short-term buy list at Deutsche Bank
09:07 EDTHUMSelect Medical agrees to acquire Concentra through JV with Welsh Carson
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09:04 EDTHUMHumana to sell Concentra to Select Medical, Welsh Carson for $1.055B in cash
Humana (HUM) has reached a definitive agreement to sell the stock of its wholly-owned subsidiary, Concentra, to MJ Acquisition Corporation, a joint venture between Select Medical Holdings Corporation (SEM), an operator of specialty hospitals and outpatient rehabilitation clinics in the U.S., and Welsh, Carson, Anderson & Stowe XII, L.P., a private equity fund, for approximately $1.055B in cash, subject to customary adjustments. Humana acquired Concentra in December 2010. Subsequently, the assets of certain privately-operated Community Based Outpatient Clinics were transferred into Concentra. Additionally, Humana has divested certain Concentra non-core assets over the past four years. The decision to divest Concentra demonstrates the company’s commitment to its previously announced business portfolio review. Humana will continue performing its review of the alignment and return potential of businesses across the organization to ensure each supports the company’s integrated care delivery strategy and earns the appropriate return on invested capital. The Concentra transaction is anticipated to close during the second quarter of 2015 subject to Hart Scott Rodino regulatory clearance and customary closing conditions. Humana anticipates using the net proceeds from the transaction to advance its strategic growth priorities, to fund additional share repurchases under its existing $2 billion authorization and for general corporate purposes. Goldman, Sachs & Co. is acting as financial advisor to Humana. Fried, Frank, Harris, Shriver & Jacobson LLP is acting as legal advisor to Humana. Concentra reported revenues for the year ended December 31, 2014 were approximately $1B. Humana anticipates the Concentra divestiture will be slightly dilutive to 2015 EPS excluding any one-time gain expected upon the close of the transaction.
09:02 EDTHUMHumana reiterates FY15 EPS view $8.50-$9.00, concensus $8.87
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09:02 EDTHUMHumana to sell Concentra to Select Medical, Welsh Carson for $1.055B in cash
08:07 EDTTHC, UHS, HCA, CYH, LPNTBofA/Merrill healthcare high yield analyst has analyst/industry conference call
Healthcare High Yield Analyst Bland provides an update on the current state of the bond markets and the ability of healthcare providers to utilize debt financing on an Analyst/Industry conference call to be held on March 24 at 10 am.
06:04 EDTTHCTenet, United Surgical Partners and Welsh Carson announce new joint venture
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March 22, 2015
20:45 EDTTHCTenet getting close to deal for United Surgical Partners, WSJ says
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March 20, 2015
08:18 EDTCI, CNC, CYH, WCG, HCA, HNT, UNH, THC, MOH, LPNT, HUM, UHS, AETLeerink healthcare services analyst holds an analyst/industry conference call
Healthcare Services Analyst Gupte discusses Sustainable Growth Rate (SGR) and the proposed pay-fors and implications For Healthcare Services on an Analyst/Industry conference call to be held on March 20 at 11 am.
March 19, 2015
10:12 EDTHNTHealth Net to reaffirm FY15 EPS guidance 'at least' $2.70
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10:05 EDTLPNTLifePoint enters into 10b5-1 trading plan
In a regulatory filing, LifePoint reports that effective March 17, it entered into a trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934 as amended, under which the company may repurchase its shares at times when it would not ordinarily be in the market due to the company’s trading policies or possession of material non-public information. This plan has been established pursuant to, and as part of, the company’s stock repurchase program, which is effective through October 1, of which $75M remained available as of March 16. The plan will expire on May 5, unless terminated earlier.
10:02 EDTAETOn The Fly: Analyst Upgrade Summary
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08:20 EDTAETAetna upgraded at Sterne Agee
As noted earlier, Sterne Agee upgraded Aetna to Buy from Neutral. The firm says that the company is the best-positioned name within the large-cap health plan space , a defensive sector that has little exposure to Europe and reasonable growth prospects, according to the firm.
06:19 EDTAETAetna upgraded to Buy from Neutral at Sterne Agee
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March 18, 2015
12:46 EDTAETAetna, HackensackAlliance ACO announce collaboration
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March 17, 2015
10:02 EDTCYHHigh option volume stocks
High option volume stocks: NGL ARCO ENR OIL SNI ESPR CYH WIN CRZO DISH
09:00 EDTAETAetna management to meet with JPMorgan
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March 16, 2015
10:56 EDTMOHMolina Healthcare management to meet with Sterne Agee
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09:04 EDTHUMHumana announcse completion of $500M accelerated share repurchase program
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