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A VERY Busy Week Ahead - Earnings Preview
Friday, October 29, 2010 - 7:12pm | 4992Earnings Preview 10/29/10 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, but there are still...
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Stock Market News for October 29, 2010 - Market News
Friday, October 29, 2010 - 10:03am | 1145Stocks had a mixed day on Thursday as investors weighed mixed earnings reports and a possible announcement from the Federal Reserve to buy bonds. 3M Co.'s downbeat earnings and its tepid full-year outlook wiped off market's initial advance that was fueled by a surprise drop in initial claims. The...
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Company News for October 29, 2010 - Corporate Summary
Friday, October 29, 2010 - 10:03am | 755• Microsoft (NASDAQ: MSFT) reported fiscal first quarter earnings of $0.62, above Zacks estimates of $0.55, on a 25.3% revenue jump to $16.2 billion, up from estimates of $15.7 billion • Newell Rubbermaid (NYSE: NWL) reported third quarter earnings $0.01 cents higher than Zacks estimates of $0.42,...
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Earnings Scheduled For October 29 (CVX, POM, CEG, MRK, PGN, NEE, SNE, D, EL, ITT, CI, WY, EIX, LNT)
Friday, October 29, 2010 - 5:46am | 355Chevron Corp (NYSE: CVX) is expected to report its Q3 EPS at $2.16 on $49.48 billion in revenue. Pepco Holdings Inc (NYSE: POM) is forecast to report its Q3 earnings at $0.38 per share. Constellation Energy Group Inc (NYSE: CEG) may report its Q3 earnings at $0.64 per share on revenue of $4.03...
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ESRX Beats on EPS, Misses on Sales - Analyst Blog
Thursday, October 28, 2010 - 10:03am | 701Express Scripts Inc.'s (ESRX) third quarter earnings of 65 cents per share (excluding special items) were in line with the Zacks Consensus Estimate but well above the year-ago adjusted earnings of 42 cents. On a reported basis (including special items), the company earned 57 cents per share as...
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Molina Outshines Zacks Estimates - Analyst Blog
Wednesday, October 27, 2010 - 3:09pm | 1044Molina Healthcare Inc. (MOH) reported its third quarter income from continuing operations of $16.2 million or 57 cents per share, surpassing the Zacks Consensus Estimate of 49 cents. The better-than-expected results in the quarter were driven by higher operating revenues coupled with ramped-up...
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Goldman Positive On Molina Healthcare, Inc. (MOH)
Wednesday, October 27, 2010 - 8:19am | 119Goldman Sachs is positive on Molina Healthcare, Inc. (NYSE: MOH) after the company reported much better than expected earnings. It has a $29 price target, up from $27, and a Neutral rating on shares. In a note to clients, Goldman writes, "Management indicated that they have seen some cost pressure...
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J.P. Morgan Neutral On Centene Corp. (CNC)
Wednesday, October 27, 2010 - 8:15am | 87J.P. Morgan Chase & Co. is Neutral on Centene Corp. (NYSE: CNC) after the company reported earnings yesterday. It has a $28 price target on the company. In a note to clients, J.P. Morgan says, "We are updating our CNC earnings model post the 3Q report (and our full note out earlier today). Our...
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Molina Healthcare Reports Third Quarter 2010 Earnings of $.57 per Share
Tuesday, October 26, 2010 - 4:04pm | 105Molina Healthcare, Inc. (NYSE: MOH): Earnings per diluted share for third quarter 2010 of $0.57, up 73% over 2009 Quarterly results include $4.7 million in employee severance and settlement costs Quarterly premium revenues of $1 billion, up 10% over 2009 Quarterly operating income of $30...
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Centene Reports In-Line Q3 Earnings
Tuesday, October 26, 2010 - 6:10am | 57Centene Corp (NYSE: CNC) reports its Q3 adjusted EPS at $0.48, in-line with the consensus of $0.48. CNC reports its Q3 revenue at $1.12 billion, versus the estimates of $1.14 billion. CNC shares gained 0.62% to close at $24.44 yesterday. Read more from Benzinga's Company news.
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Top 4 Small-Cap Stocks In The Healthcare Sector With The Highest ROE (TRIB, USNA, PRSC, MDF)
Tuesday, October 26, 2010 - 6:02am | 135Below are the top small-cap healthcare stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Trinity Biotech Plc (NASDAQ: TRIB) is 56.37%. TRIB's profit margin for the same period is 59.32%. The trailing-twelve-month return on equity at USANA...
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Health Net Federal Services Awarded Department of Veterans Affairs Contract
Friday, October 22, 2010 - 8:37am | 93Health Net Federal Services, LLC, part of the Government Contracts segment of Health Net, Inc. (NYSE: HNT), today announced it was awarded a contract by the Department of Veterans Affairs to provide Chief Business Office Outpatient Recovery Audit Services of VA payments made for the Outpatient Non-...
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BMO Capital Markets Upgrades UNH To Outperform
Friday, October 22, 2010 - 7:54am | 52Analysts at BMO Capital Markets upgrade UnitedHealth Group Inc (NYSE: UNH) from "market perform" to "outperform." The target price for UNH has been raised to $45. UNH's shares dropped 0.65% to close at $36.49 yesterday. More Analyst Ratings here
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Brian Stutland's CIGNA Corporation (CI) Trade
Thursday, October 21, 2010 - 7:36pm | 109On CNBC's Fast Money, Brian Stutland recommended a long position in CIGNA Corporation (NYSE: CI). He thinks that using options is the best way to trade CIGNA (CI), because his risk is limited. His strategy involves a purchase of the January 33 call for $3.80. The break even in this trade is at $36....
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Aetna Promotes CFO and CIO
Thursday, October 21, 2010 - 3:11pm | 72Aetna (NYSE: AET) today announced that Chief Financial Officer Joseph M. Zubretsky, 54, has been named senior executive vice president and CFO, and given the additional responsibility of leading Aetna's strategic diversification initiatives. In addition, Margaret (Meg) McCarthy, 56, chief...