Health Care Plans
(HNT) Health Net First Quarter Report Beats Top Line
Health Net Inc. (HNT) reported first-quarter loss of $108.2 million or a loss per share of $1.16 compared to a net income of $16.1 million or 16 cents in the prior-year quarter.
The reported quarter...
(WLP) WellPoint Quarterly Earnings Outshine – Company Increases Outlook
WellPoint Inc. (WLP) reported its first-quarter income from continuing operations of $891.0 million or $2.35 per share, surpassing the Zacks Consensus Estimate of $1.87. This also compares favorably with the...
(HUM) Humana to Pay Dividend – Raises Outlook
As a result of the health care sector’s latest restrictions, Humana Inc. (HUM) plans to offer a quarterly dividend, besides raising the fiscal year 2011 forecast.
Accordingly, Humana’s Board...
(UNH) UnitedHealth Group Plans Acquisition
OptumHealth, a part of UnitedHealth Group Inc. (UNH) will acquire Logistics Health Inc., a La Crosse-based health care solutions provider, as reported by The Business Journal. The transaction is...
(UNH) UnitedHealth Contests DoD TRICARE West Region Contract
The U.S. Department of Defense (DoD) will invite fresh bids for the TRICARE West Region contract after UnitedHealthcare’s Military & Veterans business raised an objection. UnitedHealth Group Inc. (UNH)...
(HUM) Humana Analyst Increases Shares to Outperform
On the back of strong fourth quarter results, we recently upgraded Humana, Inc. (HUM) to Outperform.
The company reported a strong fourth quarter on the heels of improved performance in its operations,...
(AGP) Company News for March 23, 2011 – Corporate Summary
• Research In Motion (NASDAQ:RIMM) announced the launch of its highly anticipated BlackBerry PlayBook tablet, which will be available at more than 20,000 stores in the U.S. and Canada at a base price of $499
• Goldman...
(WLP) WellPoint Provides 2011 Guidance
WellPoint Inc. (WLP), at its investor conference provided its guidance for full year 2011. The company reaffirmed its expectation of delivering net income of least $6.30 per share. The Zacks Consensus Estimates...
(HUM) Humana Incorporated – Bull of the Day
We are upgrading our recommendation on Humana, Inc. (HUM) from Neutral to Outperform owing to higher Medicare Advantage membership on better-than-expected sales at the end of 2010. This also led to increase...
(AET) Aetna Beats Earnings Expectations – Raises Dividend
Aetna Inc.’s (AET) fourth quarter earnings of 63 cents per share came in a couple of pennies ahead of the Zacks Consensus Estimate. The company had earned 40 cents in the prior-year quarter.
Better-than-expected...
(UNH) Health Insurance Industry Outlook – Febuary 2011 – Industry Outlook
Health insurance companies finished 2010 strongly gaining from a drop in medical utilization by members, driven primarily by the extremely weak labor market. Bad weather also kept them indoors during the final quarter of the year. We believe utilization will remain soft in...
(HUM) Humana Quarterly Earnings Report Outshines Expectations
Humana Inc. (HUM) reported its fourth-quarter operating earnings (excluding special items) of $1.65 per share, surpassing the Zacks Consensus Estimate of 80 cents. This also compares favorably with earnings...
(AET) Stock Market News for Feb 07, 2011 – Market News
Markets edged past concerns arising out of mixed employment data and closed with modest gains. The S&P 500 recorded its best week for the past 9 weeks and markets closed at their best in 2 months. A moderately improving economy and modest corporate earnings inspired the...
(HUM) Humana to Diversify – Agrees to Aquire Concentra
Amidst the concerns regarding funding cuts and the impact of the U.S. health care reform, Humana Inc. (HUM) has agreed to acquire Concentra, Inc. for $790 million in cash, to diversify and expand its footprint...
(HUM) Humana See Rise in Doctor Visits Causing Earnings Drop in 2011
On the expectation of the rise in doctor visits and medical procedures, Humana Inc. (HUM) lowered its 2011 earnings forecast to $5.35-$5.55 per share, down from the 2010 expectation of $6.40-$6.50.
During...
(HNT) Health Net Beats Quarterly Earnings Expectations – Raises Outlook
Health Net Inc. (HNT) reported third-quarter earnings per share (EPS) of 64 cents compared to a loss of 66 cents in the prior-year quarter. The reported quarter included $8.6 million in expenses primarily...
(CI) CIGNA Faces Standard & Poor’s Rating Action
Late last week, health insurance company CIGNA Corp. (CI) received a rating revision from Standard & Poor’s Ratings Services. The rating agency revised CIGNA’s financial rating outlook to “stable”...
(WLP) WellPoint Earnings Reports Outshines – Forecast Raised
WellPoint Inc. (WLP) reported its third-quarter income from continuing operations of $701.2 million or $1.74 per share, surpassing the Zacks Consensus Estimate of $1.58. However, this compares unfavorably...
(CVH) Coventry Health Care Beats The Street – Raises Outlook
Coventry Health Care Inc. (CVH) reported its third-quarter income from continuing operations of $183.2 million or $1.24 per share, exceeding the Zacks Consensus Estimate of 67 cents. This also compares favorably...
(MOH) Molina Healthcare Outshines Street Estimates
Molina Healthcare Inc. (MOH) reported its third quarter income from continuing operations of $16.2 million or 57 cents per share, surpassing the Zacks Consensus Estimate of 49 cents. The better-than-expected...
(CI) CIGNA Quarterly Earnings Beat Estimates
CIGNA Corp.’s (CI) third quarter earnings of $1.10 per share were ahead of the Zacks Consensus Estimate of $1.06. The insurer earned $1.13 per share last year. Better-than-expected results came in due to...
(AET) Company News for November 3, 2010 – Corporate Summary
• WellPoint (NYSE:WLP) reported estimate-topping third quarter earnings of $1.74 a share, up from Zacks estimates of $1.58, on revenues of $14.33 billion, above Zacks estimates of $14.22 billion
• Aetna (NYSE:AET) topped projections with third quarter results...
(AGP) Company News for October 29, 2010 – Corporate Summary
• Microsoft (NASDAQ:MSFT) reported fiscal first quarter earnings of $0.62, above Zacks estimates of $0.55, on a 25.3% revenue jump to $16.2 billion, up from estimates of $15.7 billion
• Newell Rubbermaid (NYSE:NWL) reported third quarter earnings $0.01 cents higher...
(UNH) UnitedHealth Group – Earnings Surprised By 32% in the Second Quarter
UnitedHealth Group (UNH), which provides health insurance to about 75 million people, is trading at just 9.8x forward estimates even though its shares are at a 52-week high.
The healthcare stocks are...
(CI) CIGNA Corporation – Bull of the Day
We are upgrading our recommendation on the shares of CIGNA (CI) to Buy as we believe the recent acquisition of Vanberda international will boost the company’s thriving international operations, which...
(UNH) Health Care Review and Outlook – September 2010 – Industry Outlook
The health care industry is currently undergoing a period of tremendous uncertainty due to the implications of the recent Health Care Reform Act — named the PPACA — after it becomes fully effective.
Why was the reform enacted?
- Health care costs,...
17Sep2010 | vitalstocks | 0 comments | Continued
(HUM) Humana Announces Medicare Advantage and Prescription Drug Plan Offerings
In accordance with the U.S. Securities and Exchange Commission, Humana Inc. (HUM) has released its planned Medicare Advantage and Prescription Drug Plan (PDP) offerings for 2011 after receiving consent from...
(AET) Aetna Issues $750 Million in 10-Year Notes
Aetna Inc. (AET), one of leading U.S. health care providers, yesterday announced the offering of 10-year notes amounting to $750 million. The size of the issue was originally $500 million.
The proceeds...
(HS) HealthSpring Incorporated – Surprised By 69% in the Second Quarter
HealthSpring Inc. (HS) is cheap as it trades at just 5.7x forward estimates. Yet the company just surprised on estimates for the fourth quarter in a row.
HealthSpring provides Medicare Advantage coordinated...
(WLP) WellPoint Second Quarter 2010 Earnings Scorecard
Following the release of second quarter results on July 28, 2010, the majority of analysts covering WellPoint Inc. (WLP) made upward revisions to their fourth-quarter and 2010 annual estimates. However, third-quarter...