New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 16, 2014
10:00 EDTRGA, INTC, GDP, SPN, MSI, GSJK, HK, NTAP, UNH, FGLOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Halcon Resources (HK) downgraded to Reduce from Hold at KLR Group... Goodrich Petroleum (GDP) downgraded to Hold from Buy at KLR Group... Fidelity & Guaranty Life (FGL) downgraded to Neutral from Outperform at Macquarie... Compressco (GSJK) downgraded to Market Perform from Outperform at Raymond James... Intel (INTC) downgraded to Neutral from Buy at B. Riley... UnitedHealth (UNH) downgraded to Neutral from Buy at Citigroup... Motorola Solutions (MSI) downgraded to Neutral from Buy at Nomura... Reinsurance Group (RGA) downgraded to Equalweight from Overweight at Barclays... NetApp (NTAP) downgraded to Neutral from Buy at UBS... Superior Energy (SPN) downgraded to Equal Weight from Overweight at Morgan Stanley.
News For HK;GDP;FGL;GSJK;INTC;UNH;MSI;RGA;NTAP;SPN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
April 9, 2015
12:45 EDTINTCAltera report doesn't mean deal is off, says Raymond James
Subscribe for More Information
12:22 EDTINTCIntel unit awarded contract by DOE's Argonne Leadership Computing Facility
Subscribe for More Information
11:34 EDTINTCAltera calls active on report of no deal
Subscribe for More Information
10:49 EDTINTCAltera was offered $54 per share before turning down Intel, Bloomberg says
Subscribe for More Information
09:36 EDTINTCActive equity options trading on open
Subscribe for More Information
09:26 EDTINTCIntel falls after ending Altera talks, levels to watch
Subscribe for More Information
09:21 EDTUNHCatamaran said to be likley to keep Cigna contract, CT Financial News reports
Brain Tanquilut, senior VP, Healthcare Services Equity Research at Jefferies, believes there is "precedent out there that suggests Catamaran’s (CTRX) contract with Cigna (CI) "is safe” despite UnitedHealth's (UNH) recent deal to buy the pharmacy benefits manager, according to CT Financial News. Reference Link
09:06 EDTINTCIntel ends talks to acquire Altera, CNBC's Faber reports
Subscribe for More Information
09:02 EDTINTCAltera talks ended with Intel, CNBC's Faber says
Subscribe for More Information
07:29 EDTUNHUnitedHealth April volatility elevated into Q1 and outlook
UnitedHealth April call option implied volatility is at 34, May is at 25, June is at 21; compared to its 26-week average of 22 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on April 16.
05:44 EDTINTCIntel sales, margins could bottom in March quarter, says Wells Fargo
Subscribe for More Information
April 8, 2015
20:17 EDTINTCAppeals court questions Google in patent dispute with Microsoft, Reuters says
Subscribe for More Information
April 7, 2015
16:55 EDTNTAPXerox upgraded to Buy ahead of Q1 results at Citigroup
Subscribe for More Information
10:23 EDTUNHMedicare Advantage 2016 rates set above expectations
The U.S. yesterday announced higher than expected 2016 Medicare Advantage reimbursement rates. The news is seen as benefiting managed care companies with large exposure to the Medicare Advantage program. WHAT'S NEW: The Centers for Medicare and Medicaid Services, or CMS, yesterday afternoon announced that Medicare Advantage reimbursement rates would rise 1.25% in 2016 from 2015 levels. In February, CMS proposed a 0.95% reduction in Medicare Advantage reimbursement rates for 2016. This year, reimbursement rates have fallen 4%. WHAT'S NOTABLE: Humana (HUM) said this morning in a regulatory filing that based on its review of the Final Rate Notice, the company expects an average Medicare Advantage funding increase for its business of approximately 0.8% from CMS for 2016, versus a funding decline of 1.25%-1.75% previously expected based on the Advance Notice. Humana’s estimated year-over-year funding increase as it affects the company is projected to be less than the CMS estimate for the MA program primarily due to Humana’s view of the projected impact associated with CMS’ 2016 adjustment to the risk model calculation, the company explained. ANALYST REACTION: In a note to investors earlier today, Deutsche Bank analyst Scott Fidel wrote that this is the first time in seven years that CMS has implemented an increase in Medicare Advantage rates. However, noting that CMS said it had raised its estimates for Medicare costs, Fidel added that this forecast tempered the positive outlook created by the reimbursement increase. The analyst kept Buy ratings on the following stocks in the sector: Aetna (AET), Anthem (ANTM), Cigna (CI), Magellan Health (MGLN), and UnitedHealth (UNH). Stifel analysts said that the results were modestly better than expected, except for the agency's decision not to make a Star rating adjustment for plans with certain higher acuity populations. The firm thinks that more diversified managed care companies with Medicare Advantage products could be boosted by CMS' decision, identifying Aetna, Humana, and UnitedHealth as being among the companies in that category. PRICE ACTION: In early trading, Aetna was little changed at $107.40, Anthem was flat near $155 per share, Cigna slipped 0.4% to $131.34, Magellan was flat at $71, UnitedHealth added 0.5% to $118.31 and Humana gained fractionally to $178.54.
10:19 EDTSPNHigh option volume stocks
Subscribe for More Information
09:57 EDTINTCAltera negotiations with Intel continue, says dealReporter
Subscribe for More Information
07:57 EDTUNHManaged care companies likely to rise on CMS news, says Oppenheimer
Subscribe for More Information
07:44 EDTUNHSome managed care stocks could be boosted by CMS decision, says Stifel
Subscribe for More Information
07:41 EDTUNH2016 MA rates positive for first time in seven years, says Deutsche Bank
Deutsche Bank notes that for the first time since 2009, Medicare Advantage rates will be positive after the Centers for Medicare and Medicaid Services announced yesterday that final 2016 rates will rise by 1.25%, representing a 220 basis points favorable swing from the preliminary proposed cut of 0.95%. Deutsche says the positive surprise is "somewhat tempered" by the more cautious view on Medicare cost trends provided by the CMS actuaries in the final 2016 rate announcement. The firm expects Humana (HUM), Health Net (HNT) and UnitedHealth (UNH), Aetna (AET) and Anthem (ANTM) to experience Medicare Advantage rate increases.
05:48 EDTUNHCatamaran downgraded to Hold from Buy at Jefferies
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | all recent news | >>

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