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Citigroup Raises Humana 2011 EPS Projection
Wednesday, December 1, 2010 - 10:19am | 94Citigroup is raising its Humana Inc. (NYSE: HUM) 2011 EPS projection by $0.10, to $6.10, because of the Concentra acquisition. “We're lukewarm on the transaction, as its chief attribute seems to be the small diversification it brings to Humana's operations,” Citigroup writes. “The accretion from...
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Deutsche Bank Raises UnitedHealth PT To $39
Wednesday, December 1, 2010 - 10:16am | 80Deutsche Bank is raising its UnitedHealth Group Incorporated (NYSE: UNH) PT to $39 (up from $38). “Our PT assumes shares trade at higher end of our target multiple range of 9-11x, reflecting improving internal execution and an extremely strong balance sheet partially offset by above-average...
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Aetna Names Michael Mathias CIO
Wednesday, December 1, 2010 - 10:16am | 33Aetna (NYSE: AET) today announced the appointment of Michael G. Mathias, 51, as vice president and Chief Information Officer, reporting to Executive Vice President Meg McCarthy.
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Jefferies Has $40 Target On UnitedHealth Group (UNH)
Wednesday, December 1, 2010 - 8:59am | 90Jefferies & Co. has a $40 price target and a Neutral rating on UnitedHealth Group (NYSE: UNH). In a note sent to clients Jefferies writes, "UNH remains committed to building robust offerings leveraging its information assets, connectivity/technology capabilities, and clinical care models. It's...
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HealthSpring, Inc. Completes $545.0M Acquisition of Bravo Health
Tuesday, November 30, 2010 - 5:21pm | 77HealthSpring, Inc. (NYSE: HS) today announced that it has completed the previously announced acquisition of Bravo Health, Inc. and Medicare Part D stand-alone prescription drug plans in 43 states and the District of Columbia. HealthSpring acquired Bravo Health, a privately held company, for...
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Centene Corporation to Provide 2011 Financial Guidance on December 16
Tuesday, November 30, 2010 - 3:57pm | 57Centene Corporation (NYSE: CNC) today announced that it plans to release its 2011 financial guidance at approximately 6:00 AM (Eastern Time) on Thursday, December 16, 2010, and host an investor meeting, including a question-and-answer session, to discuss the details of its guidance. The meeting...
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UnitedHealth States 2011 Guidance - Analyst Blog
Tuesday, November 30, 2010 - 10:00am | 519In a brief release yesterday, US health insurer UnitedHealth Group (UNH) announced its earnings expectations for fiscal 2011 in the range of $3.50 to $3.70, which is lower than the 2010 guidance of $3.85 to $3.95. The Minnetonka, Minnesota-based insurer, however, has come out with revenue...
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UnitedHealth States 2011 Guidance - Analyst Blog
Tuesday, November 30, 2010 - 4:39am | 519In a brief release yesterday, US health insurer UnitedHealth Group (UNH) announced its earnings expectations for fiscal 2011 in the range of $3.50 to $3.70, which is lower than the 2010 guidance of $3.85 to $3.95. The Minnetonka, Minnesota-based insurer, however, has come out with revenue...
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UnitedHealth Reiterated as Neutral - Analyst Blog
Monday, November 29, 2010 - 1:30pm | 362We are reiterating our recommendation on the shares of UnitedHealth Group (UNH) at Neutral following third quarter results. During the third quarter, UnitedHealth reported earnings of $1.14 per share, way ahead of the Zacks Consensus Estimate of 84 cents, benefiting primarily from lower medical...
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Jefferies Previews UnitedHealth Group's Investor Day (UNH)
Monday, November 29, 2010 - 9:37am | 81Jefferies has published its research report on UnitedHealth Group (NYSE: UNH) in anticipation of UNH's investor day tomorrow. In a note to clients, Jefferies writes, "We are expecting '11 revenue of $101.4 billion and EPS of $3.63, which are in line with consensus. Our EPS is also directionally in...
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UnitedHealth Group sees 2010 EPS Outlook of $3.85 to $3.95
Monday, November 29, 2010 - 8:58am | 73UnitedHealth Group (NYSE: UNH) will host its annual Investor Conference with institutional analysts and investors in New York City on Tuesday, November 30, 2010, beginning at 7:30 a.m. In conjunction with the meeting, the Company will affirm its previous outlook for 2010 net earnings of $3.85 to $...
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UnitedHealth Reiterated as Neutral - Analyst Blog
Monday, November 29, 2010 - 7:46am | 362We are reiterating our recommendation on the shares of UnitedHealth Group (UNH) at Neutral following third quarter results. During the third quarter, UnitedHealth reported earnings of $1.14 per share, way ahead of the Zacks Consensus Estimate of 84 cents, benefiting primarily from lower medical...
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CIGNA Incurs Higher Advocacy Costs - Analyst Blog
Friday, November 26, 2010 - 6:30pm | 529In an effort to reshape regulation, health insurer CIGNA Inc. (CI) is reported to have spent $300,000 in the third quarter of 2010, up 15% from $260,000 in the prior-year quarter. The spending was, however, down 25% from $400,000 in the previous quarter. Philadelphia-based managed care company...
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CIGNA Incurs Higher Advocacy Costs - Analyst Blog
Friday, November 26, 2010 - 6:30pm | 529In an effort to reshape regulation, health insurer CIGNA Inc. (CI) is reported to have spent $300,000 in the third quarter of 2010, up 15% from $260,000 in the prior-year quarter. The spending was, however, down 25% from $400,000 in the previous quarter. Philadelphia-based managed care company...
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CIGNA Incurs Higher Advocacy Costs - Analyst Blog
Friday, November 26, 2010 - 12:52pm | 529In an effort to reshape regulation, health insurer CIGNA Inc. (CI) is reported to have spent $300,000 in the third quarter of 2010, up 15% from $260,000 in the prior-year quarter. The spending was, however, down 25% from $400,000 in the previous quarter. Philadelphia-based managed care company...