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Stock Market & Financial Investment News

News Breaks
March 25, 2013
19:03 EDTMGLN, SONC, GMAN, CLMT, FMCNOn 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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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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