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Universal American's Favorable Bonus Not Expected To Recur
Wednesday, November 3, 2010 - 6:43am | 113Citigroup has published a research report on Universal American Corporation (NYSE: UAM) in anticipation of the company's 3Q results and prospects. In the report, Citigroup writes "Earnings in 2010 benefited from $0.28 in favorable development that isn't expected to recur, while Universal is also...
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Aetna Beats EPS Estimates By 17 Cents (AET)
Wednesday, November 3, 2010 - 6:29am | 216Aetna Inc. (NYSE: AET) on Wednesday morning released financial results that beat Wall Street earnings expectations. Aetna Inc reported that its 3rd quarter net income rose to $497.6 million, or $1.19 per share, up from $326.2 million, or 73 cents per share, a year earlier. Excluding special items,...
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Earnings Scheduled For November 3 (WFMI, QCOM, TWX, MGM, NWS, PRU, AET, THG, CVS, IT, CAR, TAP, CHK)
Wednesday, November 3, 2010 - 4:16am | 285Whole Foods (NASDAQ: WFMI) is likely to report its Q4 EPS at $0.28. Qualcomm Inc (NASDAQ: QCOM) is expected to report its Q4 earnings at $0.59 per share. Time Warner (NYSE: TWX) is estimated to post its Q3 EPS at $0.53. MGM Resorts International (NYSE: MGM) may post Q3 loss at $0.23 per share. News...
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Stock Market News for November 1, 2010 - Market News
Tuesday, November 2, 2010 - 11:00am | 780Stocks had a flat day on Friday but closed out October on a solid footing as investors braced themselves for this week's Federal Reserve meeting and the mid-term elections. Upward revision to second-quarter GDP also helped send indexes higher. The Dow average edged up slightly more than 4 points,...
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Humana Exceeds, Ups EPS Outlook - Analyst Blog
Tuesday, November 2, 2010 - 11:00am | 1023Humana Inc. (HUM) reported its third-quarter earnings (excluding special items) of $2.01 per share, well ahead of the Zacks Consensus Estimate of $1.67. This also compares favorably with earnings of $1.78 in the year-ago quarter. Further, the adjusted earnings surpassed management's guidance of...
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Company News for November 1, 2010 - Corporate Summary
Tuesday, November 2, 2010 - 11:00am | 754• Baker Hughes (NYSE: BHI) posted third quarter earnings of $0.54, $0.07 better-than-expected, on an 83% revenue surge to $4.1 billion, up from Street estimates of $3.8 billion • Humana (NYSE: HUM) beat estimates by $0.35 with third quarter adjusted earnings of $2.01, versus estimates of $1.66, on...
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Zacks Earnings Preview: Coventry Health Care, Expeditors International, Amerisource Bergen, Principal Financial and Kellogg's - Press Releases
Tuesday, November 2, 2010 - 11:00am | 1247For Immediate Release Chicago, IL – November 1, 2010 – Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Coventry Health Care (CVH), Expeditors International (EXPD), Amerisource Bergen (ABC), Principal Financial (PFG) and Kellogg's (K). To see...
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CIGNA Beats Estimates, Ups Outlook - Analyst Blog
Tuesday, November 2, 2010 - 10:30am | 789CIGNA Corp.'s (CI) third quarter earnings of $1.10 per share were ahead of the Zacks Consensus Estimate of $1.06. The insurer earned $1.13 per share last year. Better-than-expected results came in due to improved contribution from Health Care, Disability & Life and International segments....
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, November 2, 2010 - 9:35am | 344Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: 3D Systems Corp (TDSC) American Commercial Lines Inc (ACLI) Amerigroup Corp (AGP) Ameriprise Finl Inc (AMP) Amicus Therapeutics Inc (FOLD) View the entire Zacks #1 Rank List. AMER COMML LINE (ACLI): Free Stock Analysis...
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Citigroup Expects Humana To Guide Around $6 In Earnings
Tuesday, November 2, 2010 - 8:06am | 75Citigroup said that it expects Humana, Inc. (NYSE: HUM) to guide to around $6 in earnings for 2011. “That's down quite a bit from our upwardly revised 2010 EPS projection of $7.15, as Humana has benefited from over $0.70 of favorable development, while we think 2011 guidance will assume Medicare...
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Citi Raises Price Target On AMERIGROUP After Earnings (AGP)
Tuesday, November 2, 2010 - 7:09am | 114Citi Investment Research raised its price target on AMERIGROUP Corporation (NYSE: AGP) to $51 from $45, and is keeping its Buy rating on shares after earnings. In the research note, Citi writes, "We believe margins are at an unsustainably high level, and earnings will likely be down meaningfully...
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Goldman Sees 30% Upside In Cigna (CI)
Monday, November 1, 2010 - 7:03am | 119Goldman Sachs sees 30% upside in shares of CIGNA Corp. (NYSE: CI), after it reported earnings. It has a Buy rating and a $45 price target on shares. In a research report sent to clients, Goldman writes, "We think a 9x forward multiple (as implied by our 6-month price target from our SOTP) is very...
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Earnings Scheduled For November 1 (BHI, APC, AGN, PTV, GLW, HUM, VMC, NU, CNA, PFG, ED, L, ICE, SPG)
Monday, November 1, 2010 - 5:49am | 344Baker Hughes (NYSE: BHI) is expected to report its Q3 earnings at $0.47 per share on $3.81 billion in revenue. Anadarko (NYSE: APC) is estimated to report its Q3 EPS at $0.31 on $2.65 billion in revenue. Allergan (NYSE: AGN) is forecast to post its Q3 EPS at $0.78 on revenue of $1.18 billion....
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Steve Grasso's Health Care Trades (UNH, CI, AET, AGP, HS, PFE, MRK, WLP)
Friday, October 29, 2010 - 9:14pm | 225Steve Grasso talked on CNBC's Fast Money about stocks that will be influenced by the results of Tuesday's election. His focus was on health care sector, and he explained that investors should watch companies that require Medicare and Medicaid funding. Those are the ones that you want to sell, said...
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WHAT'S ON TAP? A VERY BUSY WEEK AHEAD
Friday, October 29, 2010 - 8:00pm | 5223By Dirk Van Dijk, CFA Zacks Investment Research Earnings season might be more than halfway through, but that does not mean a slowdown in the earnings parade. Next week, a total of 1,128 firms will report, including 100 of the S&P 500 firms. So far this has been a very strong earnings season,...