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Stock Market & Financial Investment News

News Breaks
July 24, 2014
06:50 EDTCNC, CI, HNT, UNH, AGP, HS, WLP, MOH, AET, HUM, WCGConsumers received $9B in refunds from health insurers, The Hill says
Health insurance companies have returned about $9B of premiums to consumers since 2011 as a result of a provision in Obamacare, the government estimated, according to The Hill. Under the provision insurers must spend at least 80%-85% of the premiums they collect on patient care or to improve healthcare quality, the website explained. If the insurers are unable to meet that threshold, they are required to return the difference to insurance holders, The Hill stated. Publicly traded companies in the space include AMERIGROUP (AGP), Aetna (AET), Centene (CNC), Cigna (CI), Health Net (HNT), Healthspring (HS), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH), WellCare (WCG) and WellPoint (WLP). Reference Link
News For WCG;WLP;HNT;HUM;HS;CI;AET;AGP;CNC;MOH;UNH From The Last 14 Days
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May 29, 2015
15:00 EDTCI, AET, HUMExpress Scripts falling, Anthem rising after report of possible Humana sale
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14:38 EDTCI, HUMCigna options active following report Humana considering possible sale
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14:11 EDTHUMHumana options after report of considering possible sale
Humana June 205, July 210 calls and June 160 and 167.5 puts are active on total call volume of 10K contracts (32K puts) on considering sale after receiving takeover interest, WSJ reports. June call option implied volatility is at 42, July is at 38; compared to its 52-week range of 18 to 34. Active option volume suggests traders taking positions for large price movement.
13:58 EDTHUM, CIHumana sale exploration comes after Cigna takeover approach, Bloomberg says
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13:50 EDTHUM, UNH, HNT, MOH, AET, CNC, WCG, CIHumana surges after report says sale being explored
Shares of health insurer Humana (HUM) are surging in afternoon trading after a report claimed the company is exploring a potential sale after receiving indications of takeover interest. WHAT'S NEW: The Wall Street Journal, citing sources, reported that Humana has hired Goldman Sachs (GS) to help it explore a potential sale after receiving indications of interest. Some of the Journal's sources reportedly said Aetna (AET) and Cigna (CI) are among possible bidders. WHAT'S NOTABLE: After meeting with Aetna's (AET) management, Leerink analyst Ana Gupte wrote in a note to investors on May 12 that consolidation in the industry remains likely, adding that a deal between Aetna and either Cigna or Humana were both "meaningfully accretive" and "imminent" possibilities. The next day, Sterne Agee analyst Brian Wright said Humana was unlikely to be acquired with its stock where it has recently been trading. Wright, who added that speculation about a takeover is "wishful thinking," downgraded Humana shares to Underperform, the firm's sell equivalent rating, and cut his price target on the stock to $150 from $165. OTHERS TO WATCH: Other publicly traded companies in the space include Anthem (ANTM), Centene (CNC), Health Net (HNT), Molina Healthcare (MOH), UnitedHealth (UNH) and WellCare (WCG). PRICE ACTION: In afternoon trading, Humana jumped 17.33% to $209.33, Aetna rose 2.1% to $118.84 and Cigna gained 4.45% to $141.91.
13:18 EDTHUMHumana resumes, up 15% to $205 after report of considering possible sale
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13:17 EDTHUM, CI, AETHumana considering sale after receiving takeover interest, WSJ reports
Humana (HUM) is working with advisers at Goldman Sachs (GS) to consider a potential sale after receiving indications of takeover interest, reported The Wall Street Journal, citing people familiar with the matter. Some of the people said Aetna (AET) and Cigna (CI) are among possible bidders for Humana, the report added. In afternoon trading, Humana jumped 5% before being halted for volatility, while Aetna rose nearly 1% and Cigna gained about 2%. Reference Link
13:12 EDTHUMHumana working with Goldman on potential sale after takeover interest, DJ says
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13:11 EDTHUMHumana halted after jumping 5% after Dow Jones says takeover interest received
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May 27, 2015
08:10 EDTCNCCentene's asthma management program wins award from Dorland Health
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08:09 EDTCNCCentene's Florida subsidiary selected to offer Healthy Kids coverage statewide
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06:44 EDTHNTHealth Net to reaffirm FY guidance
Members of the management team of Health Net expect to meet with investors and analysts from time to time beginning on May 27 through and including June 9. Some of these meetings are expected to take place at (i) the Jefferies 2015 Healthcare Conference on June 2, where the company is also scheduled to give a presentation at approximately 11:30 a.m.; and (ii) the Goldman Sachs 36th Annual Global Healthcare Conference on June 9, where the company is also scheduled to give a presentation at approximately 11:00 a.m. During these presentations and meetings, the company intends to address its prospects and historical performance, and reaffirm the companyís earnings guidance for the full year 2015, as previously announced in a press release issued on May 4. On May 4, Health Net raised its FY15 combined EPS view to $3.25-$3.35 and maintained its FY15 GAAP EPS view of "at least" $2.70. Consensus is $3.34.
May 26, 2015
16:42 EDTAETAetna Chief Accounting Officer to depart July 3, AES's Sharon Virag to succeed
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08:53 EDTUNHCastlight Health working to offer services to UnitedHealth customers
In a regulatory filing after Friday's close, Castlight (CSTL) disclosed that the company and United HealthCare Services (UNH), on behalf of itself and its affiliated companies, have agreed upon a process for how Castlight can obtain a customerís plan information from United HealthCare to allow Castlight to provide its services to that customer. "Castlight has begun to build the technology infrastructure to support this process and does not believe that this development will materially impact its financial results in 2015," the company stated.
07:19 EDTHNT, MOHLeerink to hold a tour
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May 22, 2015
12:39 EDTCICigna May June volatility elevated
Cigna June call option implied volatility is at 29, July is at 26, October is at 27; compared to its 52 week range of 16 to 31, suggesting large near term price movement.
May 20, 2015
07:42 EDTAETAetna removed from US Focus List at Credit Suisse
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May 19, 2015
12:05 EDTMOHMolina Healthcare moves up following a positive Navellier mention
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12:04 EDTCI, HUM, AETAnthem CFO says 'good time' for 'meaningful' acquisition, Reuters reports
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May 18, 2015
09:33 EDTAETAetna repeats FY15 operating EPS view $7.20-$7.40, consensus $7.38
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