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Bernanke Says Fed Must Stay Politically Neutral
Thursday, February 3, 2011 - 2:01pm | 142Read More...Federal Reserve Chairman Ben Bernanke spoke to the National Press Club today. His main points were that the United States had to prevent default on its default, and in fact, even the hint of defaulting, and that the Federal Reserve must stay independent. Bernanke stated that all evidence has shown...
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CVS Beats by a Penny, Guidance Weak - Analyst Blog
Thursday, February 3, 2011 - 12:31pm | 575Read More...CVS Caremark(CVS) reported an adjusted EPS of 80 cents in the fourth quarter of fiscal 2010, beating both the Zacks Consensus Estimate and the year-ago period by a penny. For the full year, the adjusted EPS of $2.69 was in line with the Zacks Consensus Estimate. However, the EPS declined compared...
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CVS Beats by a Penny, Guidance Weak - Analyst Blog
Thursday, February 3, 2011 - 12:00pm | 575Read More...CVS Caremark(CVS) reported an adjusted EPS of 80 cents in the fourth quarter of fiscal 2010, beating both the Zacks Consensus Estimate and the year-ago period by a penny. For the full year, the adjusted EPS of $2.69 was in line with the Zacks Consensus Estimate. However, the EPS declined compared...
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CIGNA's 4Q Not Strong, Citigroup Waiting To Hear On Pension Liability
Thursday, February 3, 2011 - 8:35am | 114Read More...Citigroup has published a research report on CIGNA Corporation (NYSE: CI) after finding the company's 4Q not as strong as analysts would have preferred. In the report, Citigroup writes "The company reported operating earnings of $1.15 per share (versus the $1.00 consensus), but results included a...
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UBS Opens CNC With Buy
Thursday, February 3, 2011 - 6:54am | 49Read More...Analysts at UBS initiate coverage of Centene Corporation (NYSE: CNC) with a “buy” rating. The target price for CNC is set to $33. CNC shares fell 1.70% to close at $27.81 yesterday. More Analyst Ratings here
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US Stock Futures Mixed As Investors Await Earnings Reports, Economic Data; Merck Earnings In Focus
Thursday, February 3, 2011 - 6:45am | 438Read More...US stock futures are mixed this morning, as investors are awaiting jobless-claims data and earnings report from Merck & Co (NYSE: MRK). Futures on the Dow Jones Industrial Average rose 7 points to 11,992 and S&P 500 futures fell 0.40 point to 1,299.60. Nasdaq 100 futures fell 3.50 to 2,316....
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CIGNA $1.15 EPS Beats Estimates (CI)
Thursday, February 3, 2011 - 6:23am | 196Read More...Philadelphia, Pennsylvania-based CIGNA Corporation (NYSE: CI) on Thursday morning released financial results that beat Wall Street expectations. CIGNA Corporation reported that its 4th quarter net income climbed to $461 million, or $1.69 per share, up from $330 million, or $1.19 per share, a year...
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Cigna Reports Upbeat Q4 Earnings
Thursday, February 3, 2011 - 6:17am | 56Read More...Cigna Corp (NYSE: CI) reports its Q4 adjusted EPS at $1.15, beating the consensus of $1.02. CI reports its Q4 revenue at $5.43 billion, versus the consensus of $5.36 billion. CI shares gained 0.45% to $42.45 in after-hours trading. Read more from Benzinga's Company news.
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Earnings Scheduled For February 3 (K, MA, CI, ITT, SUN, CAH, MRK, NYT, DOW, BX, LVS, DO, CSTR, CME, IP, GR, MCO, HOT)
Thursday, February 3, 2011 - 3:28am | 465Read More...Kellogg Company (NYSE: K) is expected to report its Q4 earnings at $0.51 per share on revenue of $2.85 billion. MasterCard (NYSE: MA) is projected to report its Q4 EPS at $3.04 on revenue of $1.42 billion. Cigna (NYSE: CI) is projected to report its Q4 EPS at $1.02 on revenue of $5.36 billion. ITT...
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Health Net Lags Estimates - Analyst Blog
Wednesday, February 2, 2011 - 5:21pm | 1104Read More...Health Net Inc. (HNT) reported fourth-quarter EPS of 83 cents compared to a loss of 43 cents in the prior-year quarter. The reported quarter included $24.9 million, a non-cash benefit related to a litigation reserve true-up; and $13.0 million of expenses primarily related to litigation and the...
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Health Net Lags Estimates - Analyst Blog
Wednesday, February 2, 2011 - 4:54pm | 1104Read More...Health Net Inc. (HNT) reported fourth-quarter EPS of 83 cents compared to a loss of 43 cents in the prior-year quarter. The reported quarter included $24.9 million, a non-cash benefit related to a litigation reserve true-up; and $13.0 million of expenses primarily related to litigation and the...
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AstraZeneca and HealthCore Announce Real-World Evidence Data Collaboration
Wednesday, February 2, 2011 - 10:33am | 116Read More...AstraZeneca Pharmaceuticals LP (NYSE: AZN) and HealthCore, Inc., the health outcomes research subsidiary of WellPoint, Inc. (NYSE: WLP), today announced a collaborative agreement to conduct real-world studies designed to determine how to most effectively and economically treat disease. The...
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Health Net Swings To $80 Million Profit (HNT)
Tuesday, February 1, 2011 - 9:17am | 222Read More...Woodland Hills, California-based Health Net Inc. (NYSE: HNT) on Tuesday morning released financial results. Health Net Inc reported that it swung to a 4th quarter profit, with net income of $80.4 million, or 83 cents per share, compared to a net loss of $45.2 million, or 43 cents per share, a year...
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Health Net Reports Q4 EPS of $.83 vs. $.77
Tuesday, February 1, 2011 - 8:17am | 62Read More...Health Net, Inc. (NYSE: HNT) today announced 2010 fourth quarter GAAP net income of $80.4 million, or $0.83 per diluted share, compared with a GAAP net loss of $45.2 million, or $0.43 per share, for the fourth quarter of 2009. Health Net's total revenues decreased 11.2 percent in the fourth...
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Ratings Action on CIGNA - Analyst Blog
Monday, January 31, 2011 - 6:01pm | 788Read More...Late last week, health insurance company CIGNA Corp. (CI) received rating action from A.M. Best Co. wherein it affirmed the company's issuer credit rating (ICR) of “bbb.” It also affirmed the strength rating (FSR) of “A” and ICRs of “a” for some subsidiaries of CIGNA including: Connecticut...
