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Coventry Health Care Profits More Than Double To $190 Million (CVH)
Friday, November 5, 2010 - 6:57am | 218Coventry Health Care, Inc. (NYSE: CVH) released financial results on Friday morning that beat Wall Street earnings estimates. Coventry Health Care, Inc announced that its 3rd quarter net earnings climbed to $189.9 million, or $1.29 per share, up from $70.6 million, or 48 cents per share, a year...
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HealthSpring Inc. - Value
Friday, November 5, 2010 - 2:03am | 572For the 4th quarter in a row, HealthSpring Inc. (HS) surprised on the Zacks Consensus Estimate by a big margin. The Medicare Advantage provider is cheap, trading at just 8.7x forward estimates despite hitting 52-week highs. Healthspring has the magical combination of being both a value and a growth...
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Amerigroup Corp. - Momentum
Friday, November 5, 2010 - 2:03am | 535Amerigroup Corp. (AGP) recently jumped to a new multi-year high after reporting an awesome Q3 earnings surprise that more than doubled the Zacks Consensus Estimate. Estimates have since followed suit, giving this Zacks #1 rank stock a big does of upward momentum. Company Description Amerigroup...
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WellPoint Outshines, Ups Forecast - Analyst Blog
Thursday, November 4, 2010 - 3:33pm | 1295WellPoint Inc. (WLP) reported its third-quarter income from continuing operations of $701.2 million or $1.74 per share, surpassing the Zacks Consensus Estimate of $1.58. However, this compares unfavorably with the income of $850.5 million or earnings of $1.78 in the year-ago quarter. The...
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Company News for November 4, 2010 - Corporate Summary
Thursday, November 4, 2010 - 1:54pm | 826• Qualcomm (NASDAQ: QCOM) posted better-than-expected third-quarter earnings of $0.68, up from estimates of $0.59, and revenues of $2.95 billion, that beat estimates of $2.85 billion • NRG Energy (NYSE: NRG) posted a third quarter earnings and revenue miss, with results of $0.87 below estimates for...
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Zacks Analyst Blog Highlights: Time Warner Inc, Aetna Inc, Wynn Resdorts Ltd, Las Vegas Sands Corp, MGM Resorts - Press Releases
Thursday, November 4, 2010 - 1:54pm | 2426For Immediate Release Chicago, IL – November 4, 2010 – Zacks.com Analyst Blog features: Time Warner Inc. (NYSE: TWX), Aetna Inc. (NYSE: AET), Wynn Resorts Limited (Nasdaq: WYNN), Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts International (NYSE: MGM). Get the most recent insight from...
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Zacks Analyst Blog Highlights: WellPoint Inc, Express Scripts, Unitedhealth Group, CIGNA and Humana Inc - Press Releases
Thursday, November 4, 2010 - 1:54pm | 3174For Immediate Release Chicago, IL – November 4, 2010 – Zacks.com Analyst Blog features: WellPoint Inc. (NYSE: WLP), Express Scripts (Nasdaq: ESRX), Unitedhealth Group, Inc. (NYSE: UNH), CIGNA Corporation (NYSE: CI) and Humana, Inc. (NYSE: HUM). Get the most recent insight from Zacks Equity...
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Health Net Reports Third Quarter 2010 GAAP Net Income of $62.7 Million, or $0.64 Per Diluted Share
Thursday, November 4, 2010 - 8:35am | 88Health Net, Inc. (NYSE: HNT) today announced 2010 third quarter GAAP net income of $62.7 million, or $0.64 per diluted share, compared with a GAAP net loss of $66.0 million, or $0.64 per diluted share, for the third quarter of 2009. The third quarter 2010 GAAP results include $8.6 million in...
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Two Stocks That Could Profit From Buybacks
Thursday, November 4, 2010 - 8:01am | 409Our recommendations at The Buyback Letter currently focus on a collection of five stocks that we believe, as a group, will outperform the market this month. So far, we have done well. Our Buyback Premium Portfolio is beating the S&P 500 by more than 68% since its inception (August 2, 2000). The...
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Balancing QE 11-03-2010
Wednesday, November 3, 2010 - 5:14pm | 839Cusick's Corner The election results are in and the market has pulled back slightly in front of the FOMC announcement. This goes back to the discussion that many events, like the election, are already priced into the market. Now with the infusion of cash from the Fed in the forefront, the market...
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Aetna Beats, Raises Outlook - Analyst Blog
Wednesday, November 3, 2010 - 10:33am | 557Health insurer Aetna Inc.'s (AET ) third quarter operating earnings of 84 cents per share were quite ahead of the Zacks Consensus Estimate of 67 cents. The company had earned 64 cents in the prior-year quarter. Better-than-expected results stemmed from higher commercial underwriting margin due...
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Stock Market News for November 3, 2010 - Market News
Wednesday, November 3, 2010 - 10:00am | 1144Stocks advanced broadly on Tuesday as investors turned their focus toward the results of mid-term elections and a two-day Federal Reserve meeting that is expected to unveil more measures to revive the economy. The advance sent the Dow average to its highest close in more than six months as most of...
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Company News for November 3, 2010 - Corporate Summary
Wednesday, November 3, 2010 - 10:00am | 820• WellPoint (NYSE: WLP) reported estimate-topping third quarter earnings of $1.74 a share, up from Zacks estimates of $1.58, on revenues of $14.33 billion, above Zacks estimates of $14.22 billion • Aetna (NYSE: AET) topped projections with third quarter results of $0.84 a share, up from Zacks...
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J.P. Morgan Raises Price Target On Cigna After Earnings (CI)
Wednesday, November 3, 2010 - 7:53am | 167J.P. Morgan Chase & Co. raised its price target on CIGNA Corporation (NYSE: CI) to $46 from $45, and is keeping its Overweight rating after the company reported better than expected earnings. It has an Overweight rating on shares. In a note to clients, J.P. Morgan writes, "VADBe reserve...
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MDF Reports Upbeat Q3 Earnings
Wednesday, November 3, 2010 - 7:14am | 57Metropolitan Health Networks Inc (AMEX: MDF) reports its Q3 EPS at $0.16, beating the consensus of $0.11. MDF reports its Q3 revenue at $91.2 million, versus the consensus of $91.88 million. MDF shares gained 1.18% to close at $4.28 yesterday. Read more from Benzinga's Company news.