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Stock Market & Financial Investment News

News Breaks
May 27, 2014
10:30 EDTCNC, WCGWellCare may be in talks with Ascension Health, says Leerink
Leerink notes that according to Modern Healthcare, not-for-profit Hospital and Health system Ascension Health referred to being in talks on a possible deal with an unnamed 18-state health insurer. Leerink believes the unnamed insurer is most likely WellCare (WCG), which is in 18 states with Managed Medicaid and Medicare Advantage. The firm thinks Centene (CNC) is also a possibility. Leerink says it is more positive on shares of WellCare and Centene as it believes any deal could catalyze more Hospital-Health plan transactions. Shares of WellCare and Centene are moving higher in early trading.
News For WCG;CNC From The Last 14 Days
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December 17, 2014
10:51 EDTWCG, CNCLeerink healthcare services analyst holds analyst/industry conference call
Healthcare Services Analyst Gupte provides outlook and favorite names for 2015 in the Hospitals and Managed Care Industry on an Analyst/Industry conference call to be held on December 18 at 1 pm.
December 16, 2014
08:50 EDTWCGWellCare appoints Blair Todt as Chief Legal and Administrative Officer
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08:13 EDTCNCCentene price target raised to $125 from $108 at Cantor
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07:57 EDTCNCCentene price target raised to $118 from $102 at Credit Suisse
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December 15, 2014
16:02 EDTWCGWellCare names current COO Kenneth Burdick as CEO
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08:41 EDTCNCCentene price target raised to $120 from $100 at Leerink
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December 12, 2014
06:06 EDTCNCCentene sees FY15 EPS $5.05-$5.35, consensus $4.92
Sees FY15 premium and service revenues $20.3B-$20.8B.
06:05 EDTCNCCentene backs FY14 EPS view of $4.35-$4.50, consensus $4.28
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December 10, 2014
14:45 EDTWCG, CNCDeal would block payments to health insurance companies, The Hill says
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December 9, 2014
10:31 EDTCNCCentene to host investor meeting
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