Managed Health Care

Magellan Health Services Inc. (NASDAQ: MGLN) announced today that the Louisiana Department of Health and Hospitals has recommended that the company be awarded a contract to manage behavioral health care for Medicaid recipients and other beneficiaries through the Louisiana Behavioral Health...

Bank of America Merrill Lynch is out with its report today on Magellan Health Services (NASDAQ: MGLN), maintaining Underperform. In its report, Bank of America Merrill Lynch writes, "We expect organic growth to continue lagging peers in our research coverage universe, driven by contract losses...

Shares of Humana (NYSE: HUM) are higher on the session by 1.82%, currently trading at $78.20. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average. Options traders are focusing on puts today. A short while ago the September...

Insider Monkey follows hedge fund managers because they're the smartest investors around. They leave less to chance than do most investors. They go to great lengths to get an “edge” over ordinary investors. Hedge fund managers also have the resources to do extensive research on public companies and...

Humana Inc. (NYSE: HUM) announced today that it has signed an agreement to acquire Arcadian Management Services, an Oakland, Calif.-based Medicare Advantage HMO with approximately 64,000 members in 15 U.S. states. Terms were not disclosed.

Wedbush is out with its report today on HealthSpring (NYSE: HS), adding HS to its Best Ideas List. In its report, Wedbush writes, "The Wedbush Investment Committee is adding HS to the Best Ideas List. We believe the company 1) has a sustainable cost advantage derived from owning clinics and high-...

Analysts at Jefferies & Company upgraded Aetna Inc (NYSE: AET) from “hold” to “buy.” Aetna's shares closed at $35.23 yesterday. Aetna's PEG ratio is 0.67. Analysts at Bank of America upgraded US Airways Group Inc (NYSE: LCC) from “neutral” to “buy.” LCC's shares closed at $5.11 yesterday. US...

Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 121 points to 10,968.00 and S&P 500 index futures rose 15.30 points to 1,138.60. Nasdaq 100 futures gained 26.00 points to 2,070.00. A Peek Into Global Markets European markets were...

Jefferies has published a research report on Aetna (NYSE: AET) upgrading the stock and raising the price target. According to Jefferies, "AET's 25% 2Q EPS outperformance, coupled with what we believe is conservative MLR guidance in 2H11, several 2012 tailwinds, and low government exposure support...

Jefferies & Company has upgraded Aetna (NYSE: AET) from Hold to buy and has raised the price target from $47 to $51.

Humana Inc.'s (NYSE: HUM) Humana Cares division, headquartered in St. Petersburg, Humana today announced the national care center will add 300 employees this fall to handle the expansion of the company's national chronic care management programs. Humana Cares, which opened its doors in February...

Shares of Aetna (NYSE: AET) are lower on the session by 0.89%, currently trading at $36.11. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the September 2011...

Wells Fargo is out with a research report on HealthSpring, Inc. (NYSE: HS) and is initiating coverage with an Outperform rating and a $53-$57 price target on shares. In a note to clients, Wells Fargo writes, "We are initiating coverage of HealthSpring with an Outperform rating. HealthSpring is...

Wells Fargo has initiated coverage on HealthSpring (NYSE: HS) with an Outperform rating.

Morgan Stanley reiterated its Equal-Weight on Humana (NYSE: HUM). At the moment, the rating agency does not have a price target placed on the company's stock. On Tuesday, HUM added 9.29% to its value to finish the day at $71.75.