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Stock Market & Financial Investment News

News For HNT;THC From The Last 14 Days
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May 29, 2015
13:50 EDTHNTHumana 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.
May 27, 2015
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 company’s 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
07:19 EDTHNTLeerink to hold a tour
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May 18, 2015
07:22 EDTTHCUBS 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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