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Stock Market & Financial Investment News

News Breaks
February 6, 2013
09:13 EDTPFMT, MGLNMagellan Health and Performant Financial to offer specialty payment recovery
Magellan Health (MGLN) and Performant Financial (PFMT) announced a strategic relationship to offer payment integrity recovery services to Magellanís commercial specialty pharmacy customers through Magellan Pharmacy Solutions. Specialty pharmacy overpayment recovery consists of auditing customer claims data in order to identify inappropriate coding, billing and payment of specialty pharmacy claims.
News For MGLN;PFMT 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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