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Stock Market & Financial Investment News

News Breaks
March 25, 2013
19:03 EDTGMAN, CLMT, FMCN, MGLN, SONCOn The Fly: After Hours Movers
UP AFTER EARNINGS: Sonic (SONC), up 4%... Focus Media (FMCN), up 0.5% after reporting earnings, and announcing it would hold a shareholders meeting April 29 to vote on the proposed merger with Giovanna... DOWN AFTER EARNINGS: Gordmans Stores (GMAN), down 3.6%... ALSO LOWER: Magellan Health (MGLN), down 3% after announcing it was not awarded a contract in Arizona... Calumet Specialty Products (CLMT), down 4.4% after filing to sell 5.25M common shares.
News For SONC;FMCN;GMAN;MGLN;CLMT From The Last 14 Days
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August 26, 2015
08:02 EDTSONCSonic should be bought under $30 per share, says Oppenheimer
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August 21, 2015
10:02 EDTCLMTOn The Fly: Analyst Initiation Summary
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08:03 EDTGMANGordmans Stores sees Q3 EPS (15c)-(12c), consensus (10c)
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08:02 EDTGMANGordmans Stores reports Q2 adjusted EPS (9c), consensus (14c)
Reports Q2 revenue $143.4M, consensus $145.45M.
August 20, 2015
16:27 EDTCLMTCalumet Specialty Products initiated with a Buy at Janney Capital
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August 19, 2015
10:06 EDTMGLNMagellan says Iowa contracts generated six month sales of $261.9M
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August 18, 2015
08:21 EDTGMANGordmans Stores launches online shopping
Gordmans announced that in addition to brick-and-mortar stores in 22 states the company launched online shopping.
07:57 EDTMGLNMagellan Iowa loss largely priced into shares, says Jefferies
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07:57 EDTMGLNMagellan says Iowa contracts generated six month sales of $261.9M
Magellan Health said last night that it provides behavioral healthcare management and other related services pursuant to contracts with the State of Iowa. The company currently has two contracts: the Iowa Medicaid Contract and Iowa Medicaid Integrated Health Home Provider Agreement. On February 16, the Iowa Department of Human Services released the Iowa High Quality Healthcare Initiative Request for Proposal. The agency originally stated that it intended to contract on a statewide basis with two to four successful bidders with a demonstrated capacity to coordinate care and provide quality outcomes for the Medicaid and Children's Health Insurance Program populations. The program will enroll the majority of the Iowa Medicaid and CHIP populations and will also provide services for individuals qualifying for Iowa Department of Public Health funded substance abuse services. The anticipated start of the contract is January 1, 2016. Magellan was notified yesterday that it was not selected as a winning bidder by the Agency for the Iowa High Quality Healthcare Initiative Request for Proposal, it disclosed in the regulatory filing. The company's existing contracts in Iowa are expected to terminate December 31, 2015 to coincide with the start date of the new initiative. Such contracts generated net revenues of $261.9M for the six months ended June 30, it stated.
August 17, 2015
16:12 EDTMGLNMagellan drops after Iowa picks four others for Medicaid
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15:38 EDTMGLNRumor: Magellan Health weakness attributed to a contract loss
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