Managed Health Care

According to Morgan Stanley, Centene Corp (NYSE: CNC) Q1 looks solid. Morgan Stanley said that CNC reported Q1/11 EPS of $0.46, a bit ahead of its and Street forecasts of $0.42. “This excluded ~$0.07 in earnings associated with the new Mississippi business, as the contract remains subject to CMS...

Citi has issued a report on the 1Q11 EPS reported by Centene (NYSE: CNC). According to the report, "Centene beat consensus by $0.04 per share, despite a delay in revenue recognition associated with the new Mississippi contract — Centene included admin expenses associated with the new Mississippi...

Humana (NYSE: HUM) Guides Up FY 2011 Outlook; Increases Share Repurchases to $1B

Humana (NYSE: HUM) announced today that it has realigned its business segments to more closely reflect the company's evolving business model. Effective immediately, the company will be managing and reporting its operating results using the following segments: Retail, Employer Group, and Health and...

Humana Guides Q1 EPS $1.86 vs. $1.24 Est. and $1.15-1.20 Prio (NYSE: HUM)

Aetna (NYSE: AET) Pharmacy Management today announced that it has been awarded full pharmacy benefit management accreditation from URAC, an independent health care accrediting organization that evaluates and monitors PBM's for quality, safety and effectiveness. Aetna Pharmacy Management had...

Jefferies & Company has raised the price target on UnitedHealth Group (NYSE: UNH) from $48 to $50 and maintains its Hold rating.

Cusick's Corner I had a great conversation with my dad this afternoon about Perspective & Perception and why it would be a great topic for a Corner -- so here I go. Perspective is how things appear, the reality. What we know is that earnings have been solid, economic data mixed and global...

Citi Investment Research has a $41 price target and a Hold rating on shares of UnitedHealth (NYSE: UNH) following the company's earnings release. In a note to clients, Citi writes, "While the bulk of United's 2011 guidance increase appears to relate to favorable prior year development, guidance...

At 10:10 am, the Dow gained 0.05% to 12,459.25, the broader Standard & Poor's 500 index moved up 0.28% to 1,334.02 and the NASDAQ composite index rose 0.32% to 2,811.40. The industries that are driving the market today are: Health Care Plans: This industry jumped 4.12% by 10:10 am. The top...

UnitedHealth Group (NYSE: UNH) reported its Q1 earnings from operations at $2.2 billion. The company's net earnings came in at $1.35 billion, or $1.22 per share. The company's consolidated Q1 revenue increased 10% year-over-year to $25.4 billion. However, analysts were expecting earnings of $0.89...

US stock futures are higher this morning, after upbeat results from Apple Inc (NASDAQ: AAPL). Investors are awaiting earnings reports from several companies and data on jobless claims. Futures on the Dow Jones Industrial Average gained 53 points to 12,449.00 and futures on the S&P 500 stock...

Advanced Micro Devices Inc (NYSE: AMD) is expected to report its Q1 EPS at $0.05 on revenue of $1.61 billion. McDonald's Corp (NYSE: MCD) is projected to post its Q1 EPS at $1.14 on revenue of $6.00 billion. General Electric Co (NYSE: GE) is projected to post its Q1 EPS at $0.28 on revenue of $34...

Goldman Sachs is out with its report today on Molina Healthcare (NYSE: MOH), maintaining Neutral. In a note to clients, Goldman Sachs writes, "While we continue to take a positive view of the Medicaid stocks given the long-term growth opportunity, we think state budget issues will most likely...

Wedbush is out with its report today on Molina Healthcare (NYSE: MOH), reiterating Outperform. In a note to clients, Wedbush writes, "We believe Molina's multiple of 18.6x does not fully reflect the true earnings potential in light of continued moderate utilization, opportunity for multiple...