New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 8, 2014
09:23 EDTHUM, MOH, CNC, WLP, HNT, AET, CI, UNH, WCG, UAM, MGLNLeerink views final rates as favorable for MA plans
Leerink views the "biggest positive" from the final rates for Medicare Advantage that the CMS announced last night as the delay in the proposal to eliminate in home Health Risk Assessments to support reimbursement for high health risk Seniors. The firm, however, believes this was largely priced into stocks. Leerink thinks the final rates are favorable for MA plans and estimates the positive impact in order: Humana (HUM), Universal American (UAM), WellCare (WCG), UnitedHealth (UNH), Cigna (CI), Aetna (AET), Health Net (HNT) and WellPoint (WLP). Leerink says Centene (CNC), Molina Healthcare (MOH) and Magellan Health (MGLN) are not significantly impacted by final rule.
News For HUM;UAM;WCG;UNH;CI;AET;HNT;WLP;CNC;MOH;MGLN From The Last 14 Days
Check below for free stories on HUM;UAM;WCG;UNH;CI;AET;HNT;WLP;CNC;MOH;MGLN the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
August 14, 2014
16:11 EDTWCGWellCare expects to appoint Andrew Asher as CFO in November
Subscribe for More Information
14:13 EDTUNHOmega Advisors gives quarterly update on stakes
Subscribe for More Information
08:06 EDTHUMHumana management to meet with Oppenheimer
Subscribe for More Information
08:05 EDTHUMHumana management to meet with UBS
Meetings to be held in Denver/Minneapolis on August 14 hosted by UBS.
August 13, 2014
18:24 EDTHNTDepartment of Veterans Affairs expands contract with Health Net Federal Services
Subscribe for More Information
06:02 EDTWLPWellPoint changing corporate name to Anthem Inc.
WellPoint announced plans to change its corporate name to Anthem, Inc. The change is expected to take place by the end of 2014.
August 12, 2014
06:35 EDTHNT, MOH, WLP, CNC, AET, HUMManged Care recent pullback a buying opportunity, says Leerink
Subscribe for More Information
August 8, 2014
17:25 EDTMOHMolina Healthcare subsidiary acquires First Coast Florida Medicaid assets
Molina Healthcare announced that its wholly owned subsidiary Molina Healthcare of Florida has entered into a definitive agreement with First Coast Advantage to acquire certain assets related to First Coast Advantage’s Medicaid business. As a part of the transaction, Molina Healthcare of Florida will assume First Coast Advantage’s Medicaid contract and certain provider agreements for Region 4 of the Statewide Medicaid Managed Care Managed Medical Assistance Program in the State of Florida. The closing of the transaction is subject to the satisfaction of customary closing conditions, including obtaining approval for the transaction from the Florida Agency for Health Care Administration.
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.
07:59 EDTUNHBenefitfocus price target raised to $45 from $41 at Canaccord
Canaccord raised its price target on Benefitfocus (BNFT) to $45 from $41 following its better than expected Q2 results. The firm cited continued momentum, its United Health (UNH) win, and its potential to establish itself as one of the premier vendors in the benefits administration space. Canaccord keeps a Buy rating on Benefitfocus.
August 7, 2014
14:06 EDTAETReinsurance Group names Tim Matson as Chief Investment Officer
Subscribe for More Information
13:23 EDTAET, UNH, UAM, WLP, WCG, MOH, HNT, CNC, HUM, CI, MGLNLeerink healthcare services analyst holds an analyst/industry conference call
Subscribe for More Information
12:29 EDTUNH, CI, WLP, AETHealth insurers fall after two downgrades from Goldman
Shares of a number of health insurers are falling after Goldman Sachs downgraded its rating on one stock in the sector and removed another from its Conviction List. WHAT'S NEW: Goldman analyst Matthew Borsch downgraded his rating on Aetna (AET) to Neutral from Buy and removed UnitedHealth (UNH) from the firm's Conviction List, as he believes that other stocks in the healthcare sector are more attractive. Utilization of healthcare services by individuals who don't have the Affordable Care Act is likely to show signs of increasing by 2015, posing a "manageable" challenge to health insurers, Borsch wrote. However, the increase in the utilization of these services is likely to be "relatively gradual" compared with similar trends in the past, the analyst contended. Borsch based his forecast on healthcare spending trends during previous economic recoveries. He reduced his 2015 earnings estimate for Aetna to $7 from $7.10 and for United Health to $5.95 from $6. He reduced his 2015 EPS estimates for other companies in the sector, as his earnings outlook for WellPoint (WLP) declined to $9.20 from $9.35, while his estimate for Cigna (CI) for next year dropped to $7.90 from $8. The analyst kept Neutral ratings on both WellPoint and Cigna. Meanwhile, Borsch cut his price target on Aetna to $88 from $91 and on UnitedHealth to $91 from $96. PRICE ACTION: In early afternoon trading, Aetna fell 3% to $76, UnitedHealth slumped 2.5% to $79.50, WellPoint declined 2.5% to $108, and Cigna retreated 2.5% to $89.
10:00 EDTUNH, AETOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
05:41 EDTAETAetna downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Aetna to Neutral citing less favorable sector trends. The firm lowered its price target for shares to $88 from $91.
05:40 EDTUNHUnitedHealth downgraded to Buy from Conviction Buy at Goldman
Goldman Sachs downgraded UnitedHealth to Buy saying it sees better opportunities elsewhere within healthcare given its expectations for a stronger utilization environment. The firm dropped its price target for shares to $91 from $96.
August 6, 2014
11:14 EDTHNTHealth Net expects DCP to move lower in 2H14
Subscribe for More Information
08:39 EDTHNTHealth Net backs view for FY14 GAAP EPS at least $3.00
Subscribe for More Information
08:36 EDTHNTHealth Net reports Q2 EPS 42c, consensus 56c
Subscribe for More Information
06:21 EDTUNHPiper Jaffray to hold a summit
Subscribe for More Information
1 | 2 | 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