All Posts Tagged With: "AET"
(UNH) Health Insurance Stock Outlook – April 2012 – Industry Outlook
Though the U.S. Health insurance industry continues to be relatively immune to economic difficulties, it has been still grappling with fundamental changes and consequent growth pangs. The industry has been facing its share of problems related to a sluggish economic recovery,...
(HS) HealthSpring Shareholders Approve CIGNA Merger
The acquisition of HealthSpring Inc. (HS) by CIGNA Corp. (CI) has received the approval of the former company’s shareholders. The approval...
(CVS) CVS Caremark Corporation to Attend Healthcare Conference
The leading provider of prescriptions and related health care services in the US, CVS Caremark Corporation (CVS) has decided to participate in the annual JP Morgan Healthcare Conference scheduled on January...
(AET) Health Insurance Stock Review – December 2011 – Industry Outlook
The Health and Medical Insurance industry is an integral part of the U.S. economy. According to the Centers for Medicare and Medicaid Services, U.S. health expenditures account for about 18% of U.S. GDP. Money spent per person on healthcare in the United States is more than...
(HUM) Humana to Buy SeniorBridge
Yesterday, Humana Inc. (HUM) announced an agreement to acquire chronic-care provider SeniorBridge for an undisclosed amount. However, the purchase is subject to state and federal regulatory approvals.
SeniorBridge...
(UNH) UnitedHealth Group Provides 2012 Guidance
On Monday, through a brief press release, health insurer UnitedHealth Group Inc. (UNH) announced its earnings outlook for the full year 2012. The company expects the earnings to be in the...
(UNH) UnitedHealth Group Acquires Medicare Advantage Business
On Tuesday, UnitedHealthcare, a division of UnitedHealth Group (UNH), announced its plan to acquire XLHealth Corp, a sponsor of Medicare Advantage health plans. With this acquisition, the company is expected...
(CVS) CVS Caremark Launches New Pharmacy Advisor Program
CVS Caremark (CVS) recently launched a new Pharmacy Advisor program to help treat chronic cardiovascular illness.
The Pharmacy Advisor for chronic cardiovascular care will primarily focus on medication...
(CVS) CVS Caremark Posts a Strong Quarter
CVS Caremark (CVS) reported third quarter 2011 EPS of 65 cents, 8.3% up year over year. However, after excluding the impact of certain one-time items, adjusted EPS came in at 70 cents, surpassing the Zacks...
(FSR) Humana Rating Affirmed By A.M. Best
The rating agency A.M.Best Co. has affirmed the financial strength ratings (FSR) and the issuer credit ratings (ICR) of the health insurer Humana Inc. (HUM) and conferred a debt rating of “bbb” to the...
(CI) CIGNA Gets Customer-centric
In a bid to provide specialized customer service, health insurer CIGNA Corp. (CI) has announced a national brand campaign, with the theme “GO YOU”. The campaign chiefly focuses on providing user-friendly...
(CVS) CVS Caremark Analyst Maintains Shares at Neutral
Recently, we reiterated our Neutral recommendation on CVS Caremark Corporation (CVS) with a target price of $38.00.
CVS reported an adjusted EPS of 65 cents in the second quarter of 2011, surpassing...
(CI) CIGNA Analyst Reiterates Shares at Outperform
We are reiterating our Outperform recommendation on the shares of CIGNA Corp. (CI) following the company’s second quarter results. Earnings of $1.53 per share outpaced the Zacks Consensus...
(CFS) Aetna Announces Acquisition of PayFlex
In an attempt to solidify its Consumer Fund Services (CFS) business, Aetna Inc. (AET) has entered into an agreement to acquire Omaha, NE-based Payflex Holdings Inc. in a $202 million deal.
The...
(CVS) CVS Caremark Beats Earnings by a Penny – Guidance Narrowed
CVS Caremark (CVS) reported second quarter 2011 EPS of 60 cents, at par with the year-ago quarter earnings. However, after excluding the impact of certain one-time items, adjusted earnings per share came in...
(AIZ) Assurant Suffers High Catastrophe Loss – Hurts Second Quarter Earnings
Assurant Inc. (AIZ) has reported second quarter 2011 operating earnings of 76 cents per share, missing the Zacks Consensus Estimate by 8 cents and significantly lagging the prior-year quarter’s earnings...
(ABT) Stock Market News for August 2, 2011 – Market News
The benchmarks’ roller-coaster ride finally came to a stop with markets losing modest points, as manufacturing data spoiled the party after Obama and congressional leaders confirmed they had reached an agreement on the debt ceiling. Investor mood swayed from positive to...
(CI) CIGNA Headquarters Shifted to Connecticut
Health insurer CIGNA Corp. (CI) recently revealed plans shift to its headquarters to Bloomfield, Connecticut after it was nominated to receive economic benefits from the state government in exchange for new...
(UNH) UnitedHealth Group Spends More on Lobbying
In a bid to lobby the Federal Government, Minnesota-based health insurer UnitedHealth Group (UNH) spent $660,000 during the first quarter of 2011, which was in line with the comparable period last year but...
(GNW) Genworth Financial Analyst Upgrades Shares
We are upgrading our recommendation on Genworth Financial Inc (GNW) to Neutral from Underperform to reflect the company’s continued focus on fueling growth and strong rating affirmation from credit rating...
(CI) CIGNA Cuts Lobbying Costs
Philadelphia-based managed care company CIGNA Corp.(CI) has reportedly spent $280,000 on lobbying the Federal Government during the first quarter of 2011. However, lobbying expenses in the reported quarter...
(AET) Aetna Takes Over Prodigy Health Group
Aetna Inc. (AET) has recently revealed that it has completed the acquisition of Prodigy Health Group, which was announced back in April.
New York-based Prodigy sells self funded plans to employers that...
(UNH) UnitedHealth Group Takes Department of Defense to Court
UnitedHealthcare, a division of UnitedHealth Group Inc. (UNH) sued the U.S. Department of Defense (DoD) in the U.S. Court of Federal Claims after it lost the $23.5 billion 5-year Tricare South contract to...
(CVS) CVS Caremark to Manage CalPERS PPO
Recently, the California Public Employees’ Retirement System (CalPERS) selected CVS Caremark (CVS) to manage pharmacy benefits for its preferred provider organization (PPO) health plans, catering to more...
(AET) Aetna Gets Approval From Centers for Medicare & Medicaid Services
Aetna Inc. (AET) has recently revealed that it has finally got green signal from the Centers for Medicare & Medicaid Services (CMS), to market its Medicare Advantage and Prescription Drug...
(CVH) Moody’s Might Raise Coventry Ratings
Following the impressive first-quarter earnings results and improved 2011 earnings outlook of Coventry Health Care Inc. (CVH), the rating agency Moody’s Investors Service has kept its debt ratings under...
(CVS) CVS Caremark Analyst Maintains Neutral on Shares
Recently, we reiterated our Neutral recommendation on CVS Caremark Corporation (CVS) with a target price of $41.00.
CVS Caremark reported an adjusted EPS of 57 cents in the first quarter of 2011, beating...
(CVH) Coventry Health Care Performance Makes Moody’s Maintain Ratings
Following the impressive first-quarter earnings results and improved 2011 earnings outlook of Coventry Health Care Inc. (CVH), the rating agency Moody’s Investors Service has kept its debt ratings under...
(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...
(GDP) Stock Market News for April 29, 2011 – Market News
The nations’ economic growth rate slowed larger than estimated and claims for unemployment benefits soared to its highest level since January. Surprisingly, these disappointing reports failed to sting the markets which moved to post more multi-year highs. Markets continued...