New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2014
09:27 EDTHUMHumana: Q4 EPS loss of (19c) driven by 99c per share in expenses
The expenses were for reserve strengthening in nonstrategic closed block of long-term care insurance policies. This was a non-cash charge which is expected to have little impact on our free cash flow expectations moving forward. The company said it is evaluating our strategic alternatives for this asset. Comments taken from Q4 earnings conference call.
News For HUM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 9, 2015
17:28 EDTHUMHumana signs MOU to settle Humana Merger Litigation
Humana disclosed in a filing that on October 9, "solely to avoid the costs, risks, and uncertainties inherent in litigation, and without admitting any liability or wrongdoing, Humana and the other named defendants in the Humana Merger Litigation signed a memorandum of understanding to settle the Humana Merger Litigation. Subject to court approval and further definitive documentation in a stipulation of settlement that will be subject to customary conditions, the MOU resolves the claims brought in the Humana Merger Litigation and provides that Humana will make certain additional disclosures related to the proposed mergers, which are set forth below. The MOU further provides for, among other things, dismissal of the Humana Merger Litigation with prejudice and a release and settlement by the purported class of Humana stockholders of all claims against the defendants and their affiliates and agents in connection with the Merger Agreement and transactions and disclosures related thereto. The asserted claims will not be released until such stipulation of settlement receives court approval. The foregoing terms and conditions will be defined by the stipulation of settlement, and class members will receive a separate notice describing the settlement terms and their rights in connection with the approval of the settlement. In connection with the settlement, the parties contemplate that plaintiffs' counsel will file a petition for an award of attorneys' fees and expenses. Humana will pay or cause to be paid any court awarded attorneys' fees and expenses. There can be no assurance that the parties will ultimately enter into a stipulation of settlement or that a court will approve such settlement even if the parties were to enter into such stipulation. In such event, the proposed settlement as contemplated by the MOU may be terminated."
October 8, 2015
15:06 EDTHUMAetna to host special shareholder meeting
Subscribe for More Information
October 5, 2015
10:02 EDTHUMBofa/Merrill healthcare analysts hold an analyst/industry conference call
Subscribe for More Information
October 2, 2015
08:31 EDTHUMAllergan and Humana announce research partnership
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use