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Stock Market & Financial Investment News

News Breaks
June 26, 2014
16:06 EDTMGLN, CVHMagellan Health names Stewart Lavelle as Chief Sales and Marketing Officer
Magellan Health (MGLN) announced that it has named Stewart Lavelle as Chief Sales and Marketing Officer. Based in Scottsdale, Ariz., he will begin on July 14. Lavelle joins Magellan from Coventry Health Care (CVH), where he served for 15 years in senior management roles, including most recently, as the senior vice president of sales and marketing.
News For MGLN;CVH From The Last 14 Days
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July 28, 2015
07:55 EDTMGLNMagellan Health selloff yesterday an overreaction, says Jefferies
Jefferies analyst David Styblo says shares of Magellan Health should have dropped 2%-4% yesterday post-earnings, not 13%. Trends began improving in July and margins should return to normalized levels in "short order," Styblo tells investors. He recommends buying the stock following yesterday's pullback. The analyst keeps a Buy rating on Magellan with a reduced price target of $76.
July 27, 2015
06:34 EDTMGLNMagellan Health raises FY15 adjusted EPS to $3.45-$3.90 from $3.41-$3.85
Consensus for FY15 EPS is $2.04. Backs FY15 revenue $4.45-$4.69B, consensus $4.47B.
06:31 EDTMGLNMagellan Health reports Q2 adjusted EPS 56c, consensus 40c
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