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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
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October 22, 2014
13:58 EDTHUMHumana hires Goldman to explore sale of urgent care unit, Reuters reports
Humana has hired investment bank Goldman Sachs to advise on a potential sale of its urgent care subsidiary, Concentra, according to Reuters, citing three people familiar with the matter. A deal could value the subsidiary, which Humana acquired less than four years ago, at around $1B, the report noted. Reference Link
October 13, 2014
07:39 EDTHUMPharmaceutical Care Management Association to hold annual meeting
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