Managed Health Care

Merck & Co (NYSE: MRK) reported higher-than-expected first-quarter earnings, fueled by strong sales of its drugs for diabetes, asthma and rheumatoid arthritis. Merck & Co said it earned $1.04 billion, or 34 cents per share. That compared with $299 million, or 9 cents per share, a year...

Magellan Health Services Inc (NASDAQ: MGLN) reported a 35% rise in its first-quarter earnings. The company reported its Q1 profit at $34.3 million, or $1.02 per share, versus $25.5 million, or $0.73 per share, in the year-earlier period. The company's revenue fell 4.8% to $692.8 million. However...

J.P. Morgan has an Overweight rating and $46 price target shares of AETNA (NYSE: AET) after it reported earnings. In a note to clients, J.P. Morgan writes, " It's a scenario we've seen repeated numerous times this earnings season, with both favorable development from the 4Q and also. Claims...

Jefferies & Company has raised the price target on Aetna (NYSE: AET) from $38 to $43 and maintains its Hold rating.

Magellan Health (NASDAQ: MGLN) Reports EPS of $1.02 vs. $0.82 Estimate; Revenues $692.8M vs. $717.1M Estimate

Coventry Health Care (NYSE: CVH) Reports EPS of $0.66 vs. $0.53 Estimate; Revenues $3.05B vs. $3.05B Estimate

Jefferies & Company has raised the price target on HealthSpring (NYSE: HS) from $46 to $48 and maintains its Buy rating.

Magellan Health Services (NASDAQ: MGLN) today reported financial results for the first quarter of 2011, as summarized below, and increased guidance for the full year. For the quarter ended March 31, 2011, the Company reported net revenue of $692.8 million, segment profit of $75.7 million, and net...

Coventry Health Care Inc (NYSE: CVH) reported a 13% rise in its first-quarter net income. The company's Q1 earnings increased to $110.2 million, or $0.74 per share, from $97.3 million, or $0.66 per share, in the year-ago quarter. The company's revenue rose to $3.04 billion, from $2.86 billion....

JP Morgan has raised the price target on Aetna (NYSE: AET) from $43 to $46 and maintains its Overweight rating.

Coventry Health Care (NYSE: CVH) today reported consolidated operating results for the quarter ended March 31, 2011. Operating revenues totaled $3.0 billion for the quarter with net earnings of $110.2 million, or earnings per diluted share (EPS) of $0.74. These results include EPS of $0.08 from the...

Amerigroup Corporation (NYSE: AGP) today announced that net income for the first quarter of 2011 was $70.5 million, or $1.37 per diluted share, versus net income of $42.2 million, or $0.82 per diluted share, for the first quarter of 2010. Total revenues for the first quarter of 2011 increased 12.3...

Weyerhauser Co (NYSE: WY) is expected to report its Q1 EPS at $0.15 on revenue of $ 1.66 billion. American Axle & Manufacturing Holdings Inc (NYSE: AXL) is expected to post its Q1 earnings at $0.38 per share on revenue of $593.91 million. Newell Rubbermaid Inc (NYSE: NWL) is estimated to...

Universal American Corp (NYSE: UAM) Reports EPS of $(0.41) vs. $(0.15) Estimate; Revenues $1.24B vs. $1.28B Estimate

In today's UBS research summary, UBS lowered the price target of Flextronics International (NASDAQ: FLEX) from $10 to $9.50. UBS increased the price targets of Arrow Electronics (NYSE: ARW) from $47 to $52, Baker Hughes (NYSE: BHI) from $87 to $95, Buckeye Technologies (NYSE: BKI) from $28 to $29...