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News Breaks | | | | August 30, 2012 | | 05:23 EDT |  | WLP | WellPoints' 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 | |
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News For WLP From The Last 14 Days Check below for free stories on WLP the last two weeks. |
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| May 20, 2013 | | 16:31 EDT |  | WLP | Wellpoint announces organizational realignment
Subscribe for More Information | | | May 15, 2013 | | 06:19 EDT |  | WLP | Three WellPoint directors resign, Bloomberg reports
Subscribe for More Information | | | May 14, 2013 | | 10:01 EDT |  | WLP | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 05:43 EDT |  | WLP | Wellpoint upgraded to Buy from Hold at Jefferies
Subscribe for More Information | | | May 13, 2013 | | 17:51 EDT |  | WLP | Wellpoint reaffirms FY13 EPS view of 'at least' $7.75, consensus $7.99
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