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Stock Market & Financial Investment News

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December 24, 2012
07:44 EDTAET, CNC, CVH, HNT, UHS, CYH, HMA, HUM, AGP, UNH, WCG, THC, HCA, HS, WLP, MOH, CI, VHS, LPNTHospital 'facility fees' may be targeted in Medicare cost cutting, WP says
As politicians work to cut Medicare costs, hospital "facility fees" may be seen as low-hanging fruit and targeted, according to a Washington Post report. If Medicare stops allowing the fees, private insurers would almost certainly do the same, the report alleged. Reference Link
News For HMA;LPNT;HCA;CYH;VHS;THC;UHS;CI;WCG;HNT;MOH;UNH;CVH;WLP;AGP;CNC;HS;HUM;AET From The Last 14 Days
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May 29, 2015
13:50 EDTUNH, MOH, HNT, CI, HUM, WCG, CNC, AETHumana surges after report says sale being explored
Shares of health insurer Humana (HUM) are surging in afternoon trading after a report claimed the company is exploring a potential sale after receiving indications of takeover interest. WHAT'S NEW: The Wall Street Journal, citing sources, reported that Humana has hired Goldman Sachs (GS) to help it explore a potential sale after receiving indications of interest. Some of the Journal's sources reportedly said Aetna (AET) and Cigna (CI) are among possible bidders. WHAT'S NOTABLE: After meeting with Aetna's (AET) management, Leerink analyst Ana Gupte wrote in a note to investors on May 12 that consolidation in the industry remains likely, adding that a deal between Aetna and either Cigna or Humana were both "meaningfully accretive" and "imminent" possibilities. The next day, Sterne Agee analyst Brian Wright said Humana was unlikely to be acquired with its stock where it has recently been trading. Wright, who added that speculation about a takeover is "wishful thinking," downgraded Humana shares to Underperform, the firm's sell equivalent rating, and cut his price target on the stock to $150 from $165. OTHERS TO WATCH: Other publicly traded companies in the space include Anthem (ANTM), Centene (CNC), Health Net (HNT), Molina Healthcare (MOH), UnitedHealth (UNH) and WellCare (WCG). PRICE ACTION: In afternoon trading, Humana jumped 17.33% to $209.33, Aetna rose 2.1% to $118.84 and Cigna gained 4.45% to $141.91.
13:18 EDTHUMHumana resumes, up 15% to $205 after report of considering possible sale
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13:17 EDTHUM, CI, AETHumana considering sale after receiving takeover interest, WSJ reports
Humana (HUM) is working with advisers at Goldman Sachs (GS) to consider a potential sale after receiving indications of takeover interest, reported The Wall Street Journal, citing people familiar with the matter. Some of the people said Aetna (AET) and Cigna (CI) are among possible bidders for Humana, the report added. In afternoon trading, Humana jumped 5% before being halted for volatility, while Aetna rose nearly 1% and Cigna gained about 2%. Reference Link
13:12 EDTHUMHumana working with Goldman on potential sale after takeover interest, DJ says
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13:11 EDTHUMHumana halted after jumping 5% after Dow Jones says takeover interest received
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May 27, 2015
12:36 EDTUHSOn The Fly: Top stock stories at midday
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10:55 EDTUHSProposed Medicaid rule positive for mental health providers, says Wells Fargo
After CMS released its proposed Medicaid Managed Care rule yesterday, Wells Fargo says the rule would allow for-profit behavioral hospitals to be reimbursed for providing services to adult Medicaid beneficiaries enrolled in a Medicaid Managed Care program. Acadia Healthcare (ACHC) and Universal Health Services (UHS) both own such hospitals, according to Wells. However, the firm adds that the rule would not change the regulations for fee for service adult Medicaid beneficiaries, who it thinks are likely the heaviest users of behavioral care, But Wells thinks that the proposal announced yesterday paves the way for behavioral hospitals to eventually be reimbursed for providing behavioral services to fee for service beneficiaries. The firm keeps an Outperform on Acadia and a Market Perform rating on Universal Health.
08:10 EDTCNCCentene's asthma management program wins award from Dorland Health
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08:09 EDTCNCCentene's Florida subsidiary selected to offer Healthy Kids coverage statewide
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06:44 EDTHNTHealth Net to reaffirm FY guidance
Members of the management team of Health Net expect to meet with investors and analysts from time to time beginning on May 27 through and including June 9. Some of these meetings are expected to take place at (i) the Jefferies 2015 Healthcare Conference on June 2, where the company is also scheduled to give a presentation at approximately 11:30 a.m.; and (ii) the Goldman Sachs 36th Annual Global Healthcare Conference on June 9, where the company is also scheduled to give a presentation at approximately 11:00 a.m. During these presentations and meetings, the company intends to address its prospects and historical performance, and reaffirm the companyís earnings guidance for the full year 2015, as previously announced in a press release issued on May 4. On May 4, Health Net raised its FY15 combined EPS view to $3.25-$3.35 and maintained its FY15 GAAP EPS view of "at least" $2.70. Consensus is $3.34.
May 26, 2015
16:42 EDTAETAetna Chief Accounting Officer to depart July 3, AES's Sharon Virag to succeed
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08:53 EDTUNHCastlight Health working to offer services to UnitedHealth customers
In a regulatory filing after Friday's close, Castlight (CSTL) disclosed that the company and United HealthCare Services (UNH), on behalf of itself and its affiliated companies, have agreed upon a process for how Castlight can obtain a customerís plan information from United HealthCare to allow Castlight to provide its services to that customer. "Castlight has begun to build the technology infrastructure to support this process and does not believe that this development will materially impact its financial results in 2015," the company stated.
07:19 EDTHNT, MOHLeerink to hold a tour
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May 22, 2015
12:39 EDTCICigna May June volatility elevated
Cigna June call option implied volatility is at 29, July is at 26, October is at 27; compared to its 52 week range of 16 to 31, suggesting large near term price movement.
May 20, 2015
07:42 EDTAETAetna removed from US Focus List at Credit Suisse
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May 19, 2015
12:05 EDTMOHMolina Healthcare moves up following a positive Navellier mention
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12:04 EDTHUM, AET, CIAnthem CFO says 'good time' for 'meaningful' acquisition, Reuters reports
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07:28 EDTHCAUBS to hold a conference
Global Healthcare Conference is being held in New York on May 18-20 with webcasted company presentations to begin on May 19 at 8 am; not all company presentations may be webcasted. Webcast Link
May 18, 2015
09:33 EDTAETAetna repeats FY15 operating EPS view $7.20-$7.40, consensus $7.38
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07:22 EDTUHS, THCUBS to hold a conference
Global Healthcare Conference is being held in New York on May 18-20 with webcasted company presentations to begin on May 18 at 8 am; not all company presentations may be webcasted. Webcast Link
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