New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 19, 2013
12:09 EDTSEE, MOH, CI, HUM, OMX, YNDX, RRGB, AET, UNH, SPLS, DGIT, DVA, WLP, WCG, ODPOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday despite the dayís lone domestic economic report, the National Association of Home Builders' reading on builder confidence, being a disappointment. With a light weekly data calendar and earnings season largely over except for a few big names, like Hewlett-Packard (HPQ), AIG (AIG), and Wal-Mart (WMT) that report this week, the next catalyst may need to come from Washington. On the political front, Alan Simpson and Erskine Bowles proposed a new plan for tax code changes and spending cuts, while President Obama campaigned for compromise as Democrats and Republicans remain far apart as "the sequester" deadline approaches... ECONOMIC EVENTS: In the U.S., the NAHB Housing Market Index reading of 46.0 fell short of the forecast for a reading of 48.0. In Europe, the ZEW institute's index of German investor optimism rose to 48.2 points from 31.5 in January, beating analysts' expectations... COMPANY NEWS: OfficeMax (OMX) and Office Depot (ODP) both surged after the The Wall Street Journal said the companies are in advanced talks to merge. OfficeMax rose over 22% and Office Depot advanced nearly 15%, while their chief rival, Staples (SPLS), gained 11% after several research firms, including Citigroup and Jefferies, predicted that the company would benefit significantly if such a merger goes through and as "going private" chatter about the office retailer continues to circulate... Managed care stocks slid, led by Humana (HUM), after the Centers for Medicare and Medicaid Services announced preliminary 2014 Medicare Advantage benchmark payment rates late Friday. Humana said it believes the preliminary base rates in the notice would result in a mid-single-digit decline in its benchmark payment rates and shares fell about 7%. A number of Humana's peers and other healthcare names fell also, including WellCare (WCG), UnitedHealth (UNH), Cigna (CI), Wellpoint (WLP), Aetna (AET) and DaVita (DVA)... MAJOR MOVERS: Among the notable gainers was Red Robin Gourmet Burgers (RRGB), which rose 19% after its earnings and revenue beat Street expectations. Also higher after its earnings report and guidance was Sealed Air (SEE), which jumped over 12%. Among the noteworthy losers was Digital Generation (DGIT), which fell 24% after the company reported its quarterly results and said its special committee concluded its review of strategic alternatives without recommending any transaction. Also lower after its earnings report were shares of Russian search engine company Yandex (YNDX), which declined nearly 12%... INDICES: Near noon, the Dow was up 52.13, or 0.37%, to 14,033.89; the Nasdaq was up 12.14, or 0.38%, to 3,204.17; and the S&P 500 was up 7.96, or 0.52%, to 1,527.75.
News For OMX;ODP;SPLS;HUM;WCG;UNH;CI;WLP;AET;MOH;DVA;RRGB;SEE;DGIT;YNDX From The Last 14 Days
Check below for free stories on OMX;ODP;SPLS;HUM;WCG;UNH;CI;WLP;AET;MOH;DVA;RRGB;SEE;DGIT;YNDX the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 16, 2014
05:39 EDTUNHUnitedHealth downgraded to Neutral from Buy at Citigroup
Subscribe for More Information
April 15, 2014
06:32 EDTWCG, CI, WLP, UNH, MOH, HUM, AETPatients paying much more for specialty drugs, NY Times says
The amount that patients with certain diseases must pay for specialty drugs has increased significantly, a research firm reported, according to The New York Times. Meanwhile, consumers' use of health care increased in 2013 for the firm time in three years, the newspaper quoted the firm, the IMS Institute for Healthcare Informatics, as saying. Publicly traded drug makers include AstraZeneca (AZN), Bristol-Myers (BMY), Eli Lilly (LLY), GlaxoSmithKline (GSK), Johnson & Johnson (JNJ), Merck (MRK), Novartis (NVS), Pfizer (PFE), Roche (RHHBY) and Sanofi (SNY). Publicly traded health insurers include AMERIGROUP (AGP), Aetna (AET), Centene (CNC), Cigna (CI), Health Net (HNT), Healthspring (HS), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH), WellCare (WCG) and WellPoint (WLP).Reference Link
05:47 EDTSEESealed Air upgraded to Outperform from Neutral at Macquarie
Subscribe for More Information
April 14, 2014
10:23 EDTWCGHigh option volume stocks: CCL WCG LSI INTU IACI
Subscribe for More Information
08:15 EDTSPLSStaples, 3D Systems announce partnership
Subscribe for More Information
08:07 EDTSPLS3D Systems partners with Staples in New York, Los Angeles
3D Systems (DDD) announced a partnership with Staples (SPLS) in a pilot of 3D printing services in two Staples stores in New York City and Los Angeles. Each Staples store features an immersive 3D printing experience center that lets consumers and small businesses create personalized products and use 3D printing hardware. Customers can also bring in their own 3D print-ready files to have them printed. Staples previously announced in May of 2013 that it would be the first major U.S. retailer to carry 3D printers, with the launch of the Cube from 3D Systems on Staples.com. The company has since rolled out 3D printing hardware and accessories in a limited number of stores, and expanded its overall product selection.
April 11, 2014
10:05 EDTAETAetna, Tenet form accountable care collaboration in San Antonio
Aetna (AET), Tenetís (THC) Baptist Health System and HealthTexas Medical Group announced an accountable care collaboration and the introduction of the Aetna Whole Health product in the San Antonio area. The health plans, designed for fully insured customers with employees who live or work in Bexar, Guadalupe, Comal and Kendall counties, will be available on July 1.
April 10, 2014
15:56 EDTWLP, WCGWellCare rumored to be takeover target, Betaville blog says
Wellcare (WCG) which has previously been speculated as a takeover target by analysts, is being studied as a target by Wellpoint (WLP), according to the Betaville blog, which cites sources familiar with the matter. Shares of WellCare, which have been lower throughout the session, briefly spiked following the blog post, but have returned to negative territory in late afternoon trading. Reference Link
15:52 EDTWCGWellCare rumored to be takeover target, Betaville blog says
Subscribe for More Information
April 9, 2014
13:19 EDTYNDXYandex volatility increases as shares near nine-month low into Q1
Yandex 4/25/14 weekly call option implied volatility is at 65, May is at 55, August is at 51; compared to its 26-week average of 45 according to Track Data, suggesting large near price movement into the expected release of Q1 results on April 24.
April 8, 2014
14:58 EDTDVADaVita entry into Pennsylvania market an important deal, says Wells Fargo
Subscribe for More Information
14:51 EDTDVADaVita HealthCare Partners, Independence Blue Cross announce joint venture
Subscribe for More Information
11:41 EDTODPUnited Stationers down after Genuine Parts unit wins Office Depot contract
Shares of United Stationers (USTR) are moving lower after Office Products International, a publication for the office products industry, reported yesterday that S.P. Richards confirmed it won the first-call wholesale business for Office Depot (ODP) in the U.S. United Stationers and S.P. Richards, a unit of Genuine Parts (GPC), are both suppliers to Office Depot. Shares of United Stationers are down 4% to $38.08 in morning trading. Shares of Genuine Parts are up 1% to $85.63.
11:02 EDTHUMHumana now sees 2015 CMS Medicare Advantage funding decline of 3%
Subscribe for More Information
10:18 EDTAET, WLP, CI, WCG, UNH, HUMCMS says Medicare Advantage reimbursement to rise in 2015
Subscribe for More Information
09:23 EDTAET, UNH, MOH, CI, WCG, HUM, WLPLeerink views final rates as favorable for MA plans
Subscribe for More Information
06:56 EDTDVAFinal MA rule a positive for DaVita, says William Blair
Subscribe for More Information
April 7, 2014
19:13 EDTWCG, HUM, MOH, CI, AET, WLP, UNHCMS issues 2015 rate announcement for Medicare Advantage and Part D programs
Subscribe for More Information
10:02 EDTCICigna announces first collaborative care program in South Florida
Subscribe for More Information
April 4, 2014
16:09 EDTSEESealed Air files automatic mixed securities shelf
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use