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Stock Market & Financial Investment News

News Breaks
January 28, 2013
08:33 EDTHNTHealth Net awarded Medi-Cal dental contracts in California
The California Department of Health Care Services has awarded Health Net of California, a subsidiary of Health Net, five-year contracts to continue providing Medi-Cal managed care dental benefits in Los Angeles and Sacramento counties. Health Net began providing services under the Sacramento contract on January 1 and is scheduled to begin providing services under the Los Angeles contract by July 1, subject to the parties agreeing to final terms and conditions.
News For HNT From The Last 14 Days
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August 20, 2014
08:31 EDTHNTCognizant deal with Health Net has encouraging read through, says Cowen
Cowen noted Cognizant (CTSH) shareholders were concerned over its deal with Health Net (HNT) but noted management feels the deal is a true partnership. The firm feels management's positive comments are encouraging and address the execution and profitability concerns of shareholders. Shares of Cognizant are Outperform rated with a $50 price target.
August 19, 2014
08:32 EDTHNTHealth Net says CFO Joseph Capezza to retire
Health Net announced that James Woys has been named executive vice president, chief financial and operating officer, and interim treasurer, effective September 2. This is a new position. Woys has been executive vice president and COO since November 2007. Previously Woys served as acting CFO from November 2006 through October 2007. The company announced that Joseph C. Capezza, currently executive vice president, CFO and treasurer, will retire as CFO. He will have a consulting contract with the company through year end to assist with transition issues. Capezza has been Health Netís CFO since November 2007.
August 18, 2014
09:00 EDTHNTHealth Net fundamentals remain favorable, says Susquehanna
Susquehanna said Health Net (HNT) fundamentals remain favorable following meetings with management. The firm cited the company's conservative outlook and the benefit of its back office contract with Cognizant (CTSH) which positions the company well for sustainable earnings growth through 2016. Shares of Health Net remain Positive rated with a $55 price target on the shares.
August 13, 2014
18:24 EDTHNTDepartment of Veterans Affairs expands contract with Health Net Federal Services
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August 12, 2014
06:35 EDTHNTManged Care recent pullback a buying opportunity, says Leerink
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August 8, 2014
09:12 EDTHNTHealth Net price target raised to $68 from $60 at Sterne Agee
Sterne Agee increased its price target on Health Net as the firm expects the company to perform well regardless of challenges in its sector. The firm keeps a Buy rating on the shares.
August 7, 2014
13:23 EDTHNTLeerink healthcare services analyst holds an analyst/industry conference call
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