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Stock Market & Financial Investment News

News Breaks
February 24, 2014
09:47 EDTHUMHumana says evaluating changes detailed in CMS Medicare Advantage notice
Humana stated in a regulatory filing that on Friday, February 21, after the stock market close, the Centers for Medicare and Medicaid Services, or CMS, issued its Advance Notice detailing preliminary 2015 Medicare Advantage benchmark payment rates. CMS has invited public comment on these preliminary rates before releasing final rates on April 7. In the company’s earnings release call for Q4 held on February 5, the company discussed that it anticipated the Advance Notice would result in a decline in Medicare Advantage funding of 6%-7% for 2015, including the impact of the industry fee. "Based upon the 2015 Advance Notice, these same factors as well as the potential impact of CMS’s proposed changes to the calculation of Fee-for-Service, or FFS, costs are now expected to result in a funding decline for 2015 of 3.5%-4.0%," Humana said. The Advance Notice also proposes changes associated with enrollee risk assessments that would potentially result in additional significant funding declines. Humana will be providing comments to CMS in support of this critical program. Humana said, "The company is continuing to evaluate the changes detailed in the Advance Notice and the related impact company-wide and by geography. Further, Humana is closely analyzing all operational avenues to address the 2015 preliminary rates and the related impacts upon the company’s Medicare membership and its earnings for 2015. Humana is committed to providing quality care and service to its members through the Medicare Advantage program. The company will be drawing upon its program expertise to comment on the impact of these preliminary rate changes upon beneficiaries as it provides comments to CMS."
News For HUM From The Last 14 Days
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May 19, 2015
12:04 EDTHUMAnthem CFO says 'good time' for 'meaningful' acquisition, Reuters reports
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May 15, 2015
11:08 EDTHUMOmega Advisors gives quarterly update on stakes
NEW STAKES: Targa Resources (TRGP), Targa Resources Partners (NGLS), Humana (HUM), Dow Chemical (DOW), and Twenty-First Century Fox (FOXA). INCREASED STAKES: Kinder Morgan (KMI), Chimera Investment Corporation (CIM), AerCap Holdings (AER), Shire (SHPG), and KKR & Co. (KKR). DECREASED STAKES: eBay (EBAY), Altisource Portfolio Solutions (ASPS), Caesars Entertainment (CZR), Navient (NAVI), and TerraForm Power (TERP). LIQUIDATED STAKES: HCA Holdings (HCA), Gilead (GILD), Cabot Oil & Gas (COG), and Apple (AAPL).
May 13, 2015
11:22 EDTHUMOptions with increasing implied volatility
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10:18 EDTHUMAnalyst says sell Humana amid 'wishful' takeover speculation
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10:01 EDTHUMOn The Fly: Analyst Downgrade Summary
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06:12 EDTHUMHumana downgraded to Underperform from Neutral at Sterne Agee CRT
Sterne Agee CRT analyst Brian Wright downgraded Humana (HUM) to Underperform saying speculation about a takeover is "wishful thinking" at current share levels. The stock rallied 4% yesterday after Leerink told investors that Aetna (AET) may acquire Humana or Cigna (CI) in the near-term. Wright also sees "material" risk to Humana's earnings guidance risk with paid claims outpacing premium growth. He lowered his price target for shares to $150 from $165. Humana shares closed yesterday up $6.76 to $173.38.
May 12, 2015
15:46 EDTHUMHumana May volatility increases on sharp rally
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11:53 EDTHUMAnalyst predicts large transaction 'imminent' for Aetna
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10:28 EDTHUMOptions with increasing implied volatility: YELP HUM LULU CTRX
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10:04 EDTHUMHigh option volume stocks
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09:53 EDTHUMAetna merger with Cigna or Humana likely 'imminent,' says Leerink
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