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Stock Market & Financial Investment News

News Breaks
December 17, 2013
06:36 EDTMGLNMagellan Health sees FY14 EPS $2.00-$2.56, consensus $3.27
Sees FY14 revenue $3.61B-$3.80B, consensus $3.41B. EPS view includes share repurchases to date and the effect of the Affordable Care Act tax. The company also expects segment profit, which represents income before income taxes, excluding stock compensation expense, depreciation and amortization, interest expense, interest income, gain on the sale of assets, and special charges or benefits, for 2014 to be in the range of $215M-$235M. Cash flow from operations is expected to be in the range of $181M-$203M.
News For MGLN From The Last 14 Days
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April 15, 2014
16:31 EDTMGLNMagellan Health and customer agree to amend contract
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April 14, 2014
15:01 EDTMGLNMagellan Health extends contract with 'significant' customer
Magellan Health disclosed in a regulatory filing that as disclosed in the Magellan Health Services, Form 10-K, filed on March 3, the Company has a contract with one of the significant customers in its Specialty Solutions segment with a term ending Janaury 31, 2015 which generated revenue of $47.3M for the year ended December 31. On April 9, the company and this customer agreed to extend this contract through January 31, 2016
April 8, 2014
09:23 EDTMGLNLeerink views final rates as favorable for MA plans
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