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Stock Market & Financial Investment News

News Breaks
May 19, 2014
07:31 EDTTHC, CITenet, Cigna sign multi-year national agreement
Tenet Healthcare Corporation (THC) and Cigna (CI) have signed a new multi-year contract extension that provides Cigna’s commercial customers and Cigna-HealthSpring’s Medicare Advantage customers in-network access to Tenet’s 77 hospitals, 190 outpatient centers and more than 1,500 employed physicians.
News For THC;CI From The Last 14 Days
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September 30, 2014
07:34 EDTCICigna management to meet with Deutsche Bank
Meeting to be held in Frankfurt on September 30 hosted by Deutsche Bank.
September 29, 2014
08:22 EDTCICigna management to meet with Deutsche Bank
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September 24, 2014
06:45 EDTCIGovernment says more health insurers to enter exchanges in 2015, NY Times says
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September 23, 2014
12:42 EDTTHCTenet deal could be small negative for athenahealth, says Wells Fargo
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11:19 EDTCICigna, Virginia Quality Care Partners announce collaboration
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10:36 EDTTHCTenet mentioned positively at Deutsche Bank
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08:17 EDTTHCConifer Health Solutions to acquire Spi Healthcare for $235M
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September 22, 2014
08:30 EDTTHCHospital price targets raised at SunTrust
SunTrust increased its price targets on companies in the hospital space, citing encouraging volume trends shown in a survey. SunTrust raised its price target on Community Health (CYH) to $66 from $55, on HCA Holdings (HCA) to $83 from $75, on LifePoint Hospitals (LPNT) to $80 from $76 and on Tenet (THC) to $68 from $58. SunTrust keeps Buy ratings on Community Health and HCA Holdings, and Neutral ratings on LifePoint and Tenet. It remains upbeat on the sector overall.
06:54 EDTCICigna removed from short-term buy list at Deutsche Bank
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September 19, 2014
06:49 EDTCIGovernment says 7.3M in private Obamacare plans, NY Times reports
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September 18, 2014
06:46 EDTTHCFTC challenging hospital mergers, NY Times reports
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September 17, 2014
10:00 EDTCIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AB InBev (BUD) upgraded to Hold from Sell at Societe Generale... Baker Hughes (BHI) upgraded to Outperform from Sector Perform at Howard Weil... Bank of the Ozarks (OZRK) upgraded to Buy from Hold at BB&T... Bill Barrett (BBG) upgraded to Buy from Neutral at Mizuho... Cepheid (CPHD) upgraded to Buy from Hold at Cantor... Cigna (CI) upgraded to Positive from Neutral at Susquehanna... Extra Space Storage (EXR) upgraded to Buy from Hold at Jefferies... GNC Holdings (GNC) upgraded to Outperform from Neutral at Wedbush... MB Financial (MBFI) upgraded at DA Davidson... Mondelez (MDLZ) upgraded to Buy from Hold at Societe Generale... Radian Group (RDN) upgraded to Buy from Neutral at Compass Point... Skullcandy (SKUL) assumed with a Overweight from Neutral at Piper Jaffray... Under Armour (UA) upgraded to Overweight from Neutral at Piper Jaffray.
08:38 EDTCICigna upgraded to Positive from Neutral at Susquehanna
As previously reported, Susquehanna upgraded Cigna to Positive from Neutral. The firm believes Cigna's earnings are poised to accelerate driven by a reduction in ACA related losses, conservative medical cost ratio assumptions, buybacks, and normal business growth. Price target raised to $115 from $77.
07:06 EDTCICigna upgraded to Positive from Neutral at Susquehanna

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