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Stock Market & Financial Investment News

News Breaks
August 30, 2012
05:23 EDTWLPWellPoints' CEO turnover represents an opportunity for investors, Barron's says
There is now renewed hope among investors that health-insurance giant, WellPoint (WLP), can accomplish an operational turnaround now that CEO and Chairman Angela Braly is stepping down, Barron's reports. News of this sent the shares higher by $4.50, or 8%, to $61.90 in Wednesday afternoon trading. However, the stock remains well off its 52-week high of $74.73 and its valuation remains cheap relative to managed-care competitors in the S&P's 500 index. Barron's contends that with new management and WellPoint's mix of businesses shifting over the coming years, the stock should deserve a higher multiple. Reference Link
News For WLP From The Last 14 Days
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May 20, 2013
16:31 EDTWLPWellpoint announces organizational realignment
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May 15, 2013
06:19 EDTWLPThree WellPoint directors resign, Bloomberg reports
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May 14, 2013
10:01 EDTWLPOn The Fly: Analyst Upgrade Summary
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05:43 EDTWLPWellpoint upgraded to Buy from Hold at Jefferies
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May 13, 2013
17:51 EDTWLPWellpoint reaffirms FY13 EPS view of 'at least' $7.75, consensus $7.99
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