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Stock Market & Financial Investment News

News Breaks
November 15, 2012
08:32 EDTWCG, WAGWellCare to offer Medicare plan information at select Walgreens in 12 states
WellCare Health Plans (WCG) is collaborating with Walgreens (WAG) to staff select stores in Connecticut, Florida, Georgia, Hawaii, Illinois, Kentucky, Louisiana, Missouri, New Jersey, New York, Ohio and Texas with WellCare benefit consultants who are available to provide Medicare beneficiaries with information about Medicare and Medicare Advantage programs, including options offered by WellCare. The consultants are in stores for the remainder of the Medicare Annual Election Period, or AEP, which ends Dec. 7. This joint effort with Walgreens enables WellCare benefit consultants to share information and answer important questions about new preventative services like the immunizations program and the new annual wellness visits that are both available at no charge to WellCare Medicare Plan members.
News For WCG;WAG From The Last 14 Days
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May 21, 2013
10:00 EDTWCGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Acquity Group (AQ) downgraded to Neutral from Buy at Roth Capital... Beazer Homes (BZH) downgraded to Neutral from Buy at Sterne Agee... CME Group (CME) downgraded to Neutral from Outperform at Macquarie... Carnival (CCL) downgraded to Neutral from Buy at UBS... Coach (COH) downgraded to Equal Weight from Overweight at Morgan Stanley... Deutsche Bank (DB) downgraded to Neutral from Overweight at JPMorgan... First Republic Bank (FRC) downgraded to Hold from Buy at Jefferies... Franklin Resources (BEN) downgraded to Neutral from Outperform at Macquarie... Life Technologies (LIFE) downgraded to Underperform from Outperform at CLSA... Oil States (OIS) downgraded to Neutral from Buy at Sterne Agee... Raymond James (RJF) downgraded to Market Perform from Outperform at Wells Fargo... VF Corp. (VFC) downgraded to Market Perform from Outperform at Wells Fargo... WellCare (WCG) downgraded to Neutral from Buy at Goldman... Huaneng Power (HNP) downgraded to Neutral from Buy at Citigroup... Comerica (CMA) downgraded to Neutral from Buy at DA Davidson... Beazer Homes (BZH) downgraded at Sterne Agee... Oil States (OIS) downgraded at Sterne Agee... eHealth (EHTH) downgraded to Neutral from Buy at Lazard Capital... Carnival (CCL) downgraded to Market Perform from Outperform at Wells Fargo... Warner Chilcott (WCRX) downgraded to Neutral from Positive at Susquehanna.
06:03 EDTWCGWellCare downgraded to Neutral from Buy at Goldman
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May 20, 2013
15:52 EDTWAGWalgreen downgraded to Market Perform from Outperform at Barrington
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May 17, 2013
12:33 EDTWAGAmerisourceBergen receives approval of Walgreens, Alliance Boots investment
AmerisourceBergen (ABC) announced that the parties have received regulatory approval of the previously disclosed agreement for Walgreen (WAG) and Alliance Boots GmbH to purchase an equity stake in the company. AmerisourceBergen continues to expect the new agreements to contribute an incremental $25B in revenues and approximately 20c in earnings per share in FY14, excluding the amortization of certain expenses related to the transaction and the warrants issued, certain non-recurring costs and a potential LIFO charge, and net of certain start up expenses. In addition, the company reiterated its expectations for financial performance for fiscal year 2013, which includes expected revenue growth in the 11%-13% range, and diluted earnings per share from continuing operations in the lower half of the range of $3.04 to $3.14, excluding certain expenses related to the relationship with Walgreens and Alliance Boots and the warrants issued, and the expected LIFO charge from onboarding of additional branded inventory.
May 14, 2013
07:18 EDTWCGBofA/Merrill to host a conference
2013 Health Care Conference is being held in Las Vegas on May 14-16.
May 13, 2013
08:32 EDTWAGWalgreens extends CVS Caremark network provider agreement
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