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Stock Market & Financial Investment News

News Breaks
February 5, 2014
07:02 EDTMOHMolina unit awarded contract to participate in project
Molina Healthcare announced that its wholly owned subsidiary, Molina Healthcare of California, has been selected to contract with the California Department of Health Care Services and the Centers for Medicare and Medicaid Services to participate in Los Angeles County as a direct contractor in the Cal MediConnect program, often referred to as the Duals Demonstration. The commencement of the Duals Demonstration in Los Angeles County is subject to readiness review of Molina Healthcare of California and the execution of a three-way agreement among Molina Healthcare, DHCS, and CMS. In addition to serving duals in Los Angeles County, Molina has previously signed three-way contracts to participate in the Duals Demonstration in Riverside, San Bernardino, and San Diego counties. As part of California’s Coordinated Care Initiative, referred to as Cal MediConnect, DHCS will passively enroll beneficiaries in Los Angeles County directly into Molina Healthcare no sooner than July 2014.
News For MOH From The Last 14 Days
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July 31, 2015
10:02 EDTMOHOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ACE Limited (ACE) upgraded to Outperform at Bernstein on Chubb deal potential... Aixtron (AIXG) upgraded to Outperform from Neutral at Exane BNP Paribas... Anglo American (AAUKY) upgraded to Neutral from Underperform at Exane BNP Paribas... Antero Resources (AR) upgraded to Buy from Accumulate at KLR Group... Autoliv (ALV) upgraded to Outperform from Neutral at Credit Suisse... Barrick Gold (ABX) upgraded to Hold from Sell at Canaccord... California Water Service (CWT) upgraded to Buy from Neutral at Hilliard Lyons... Calpine (CPN) upgraded to Buy from Hold at Evercore ISI... CenturyLink (CTL) upgraded to Hold from Underperform at Jefferies... China Unicom (CHU) upgraded to Hold from Reduce at HSBC... Chubb (CB) upgraded to Outperform from Market Perform at Bernstein... Delphi (DLPH) upgraded to Buy from Outperform at CLSA... Diebold (DBD) upgraded to Outperform from Neutral at Wedbush... Discovery (DISCA) upgraded to Neutral from Sell at UBS... Eldorado Gold (EGO) upgraded to Buy at Canaccord... GoPro (GPRO) upgraded to Buy with $90 price target at Citi... Guidance Software (GUID) upgraded to Buy from Hold at Gabelli... H&E Equipment (HEES) upgraded to Buy from Neutral at UBS... Integra LifeSciences (IART) upgraded to Overweight from Neutral at JPMorgan... Lenovo (LNVGY) upgraded to Hold from Underperform at Jefferies... Methanex (MEOH) upgraded to Buy from Hold at TD Securities... Molina Healthcare (MOH) upgraded on strong results at Stifel... NCI, Inc. (NCIT) upgraded to Outperform from Market Perform at Cowen... Nationstar (NSM) upgraded to Market Perform from Underperform at FBR Capital... NetScout (NTCT) upgraded at Sterne Agee CRT... Pacira (PCRX) upgraded to Neutral from Underperform at BofA/Merrill... Premiere Global (PGI) upgraded to Strong Buy from Outperform at Raymond James... Regal Entertainment (RGC) upgraded to Outperform from Neutral at Wedbush... ResMed (RMD) upgraded to Overweight from Equal Weight at Morgan Stanley... RingCentral (RNG) upgraded to Strong Buy from Outperform at Raymond James... Robert Half (RHI) upgraded to Buy from Hold at Jefferies... SkyWest (SKYW) upgraded to Buy from Hold at Evercore ISI... Stratasys (SSYS) upgraded to Overweight from Neutral at Piper Jaffray... Under Armour (UA) upgraded to Buy from Hold at Argus... Western Union (WU) upgraded to Equal Weight from Underweight at Barclays... Yahoo Japan (YAHOY) upgraded to Buy from Hold at Jefferies... eHealth (EHTH) upgraded to Neutral from Underperform at BofA/Merrill.
08:56 EDTMOHMolina Healthcare price target raised to $85 from $78 at Susquehanna
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08:47 EDTMOHMolina Healthcare upgraded on strong results at Stifel
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06:01 EDTMOHMolina Healthcare upgraded to Buy from Hold at Stifel
July 30, 2015
16:28 EDTMOHMolina Healthcare reports Q2 adjusted EPS 86c, consensus 63c
Reports Q2 revenue $3.52B, consensus $3.6B. The company said, "Financial results for the second quarter of 2015 improved significantly over the same quarter of 2014 due to higher revenue, greater medical and administrative cost efficiency, and more complete state reimbursement of the Affordable Care Act Health Insurer Fee (HIF)."

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