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Market Roundup (EBAY, NFLX, STJ, BSX, UNH, RCRC, DAL, LCC, AMR)
Wednesday, October 20, 2010 - 2:00pm | 277EBay Inc (NASDAQ: EBAY) and Netflix Inc (NASDAQ: NFLX) are set to report their quarterly results, after the closing bell. EBAY is expected to post 2% y/y decline in its quarterly earnings. Analysts are expecting EBAY to report earnings at $0.37 per share. However, Netflix is likely to report its...
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Aetna Chairman to Retire, President Mark T. Bertolini to Become CEO
Wednesday, October 20, 2010 - 8:22am | 85Aetna (NYSE: AET) today announced that Chairman and CEO Ronald A. Williams, 60, will retire from Aetna in April 2011. Aetna said that, effective November 29, 2010, Williams will become executive chairman and Mark T. Bertolini, 54, currently Aetna's president and head of Business Operations, will...
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Aetna Enters into Agreement with The Chester County Hospital
Tuesday, October 19, 2010 - 4:39pm | 78Aetna (NYSE: AET) announced that its new agreement with The Chester County Hospital will feature incentives for quality initiatives in several key health care measures. The two sides reached agreement earlier this year on a three-year contract extension that took effect in May. Under the agreement...
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United Gains on Higher Revenues, Ups Estimates - Analyst Blog
Tuesday, October 19, 2010 - 11:33am | 600United Health Group (UNH) has kicked off the earnings season for the health insurance group by reporting core operating earnings of $1.14 cents per share. The earnings are well ahead of the Zacks Consensus Estimate of 84 cents. Earnings also compares favorably with the 89 cents reported in the...
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Company News for October 19, 2010 - Corporate Summary
Tuesday, October 19, 2010 - 9:30am | 654• Johnson & Johnson (NYSE: JNJ) reported earnings of $1.23, versus Zacks estimates of $1.15, as revenues dropped 0.7% to $14.98 and missed estimates of $15.22 billion • Lockheed Martin (NYSE: LMT) posted third quarter results of $1.55, versus Zacks estimates of $1.58, on revenues that advanced...
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Earnings Scheduled For October 19 (GS, BAC, KO, YHOO, UNH, JNPR, SLM, NYT, HOG, JNJ, ITW, EMC, LMT, GILD, BK, MICC, STT, WDC, BSX, MNI, OXY, BTU)
Tuesday, October 19, 2010 - 4:46am | 550Goldman Sachs (NYSE: GS) is likely to report its Q3 earnings at $2.28 per share on $8.08 billion in revenue. Bank of America Corp (NYSE: BAC) may report its Q3 EPS at $0.17 on $27.15 billion in revenue. Coca-Cola Co (NYSE: KO) is expected to report its Q3 earnings at $0.89 per share on revenue of...
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WellCare Announces Senior Management Team Appointments
Monday, October 18, 2010 - 4:05pm | 146WellCare Health Plans, Inc. (NYSE: WCG) today announced the promotion of Walter W. Cooper to the newly created position of chief administrative officer. In addition, Marc S. Russo will join WellCare as president, North Division, succeeding Daniel M. Parietti, effective November 1, 2010. Both...
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Long-Term Inflation Fighters 10-15-2010
Friday, October 15, 2010 - 6:20pm | 964Cusick's Corner The trend continues up and it's just not worth fighting a rising tide. Review the past four Corners for some ideas on trading this trending up market and how to mitigate the short-term impact of some momentary shakeouts. For those of you who are starting to see the potential for...
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Aetna Signs Agreement with the Washington Hospital
Friday, October 15, 2010 - 9:08am | 98Aetna (NYSE: AET) announced that it has reached agreement with The Washington Hospital on a contract that adds a new hospital and potentially as many as 200 new physicians to Aetna's provider network in western Pennsylvania. Under the agreement, The Washington Hospital and its satellite locations...
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Volatility is Relatively Cheap 10-13-2010
Wednesday, October 13, 2010 - 7:32pm | 843Cusick's Corner The market pulled off into the afternoon but it was a small and expected shakeout on a clear trend up day. The bulls are in control and volatility is cheap. Strategically that means looking at low implied volatility, bullish strategies -- like buying calls (cheaper than buying the...
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Lots of Ways to Invest Like Warren Buffett
Wednesday, October 13, 2010 - 3:44pm | 726Billionaire Warren Buffett is the second richest American. As most investors know, he is the head of Berkshire Hathaway (BRK-A), the highest priced stock and one of the most successful companies during the last half-century. The company also has Class B shares (BRK-B), currently trading around 83....
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Goldman Sachs Remains Bullish On Managed Care Sector
Tuesday, October 12, 2010 - 10:15am | 149Goldman Sachs remains bullish in its managed care sector view with CIGNA (NYSE: CI), CL-Buy, UnitedHealth (NYSE: UNH), Buy, and Health Net (NYSE: HNT), Buy, as its favorite names. Conference call takeaways reinforce Goldman's view of accelerating consolidation as economies of scale become...
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Estimates Updated For UAM
Tuesday, October 12, 2010 - 7:02am | 87Citigroup has published a research report that updates its forecast model for Universal American (NYSE: UAM) and reiterates its Buy rating and $19 price target. In the report, Citigroup writes "Medicare stocks like Universal are trading at a big discount relative to historical norms, mainly...
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Fast Money Picks For October 12th (MCP, COP, UNH, SUN, BP)
Monday, October 11, 2010 - 7:23pm | 199On CNBC's Fast Money, Brian Kelly recommended investors to buy Molycorp, Inc. (NYSE: MCP) on Tuesday. Molycorp (MCP) jumped 3.62%, and closed at $27.73 on Monday. It had a volume of 1.12M traded shares. Tim Seymour suggested investors to buy ConocoPhillips (NYSE: COP) tomorrow, because integrated...
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Benzinga's Political Round Up
Friday, October 8, 2010 - 2:42pm | 242The United Arab Emirates has decided it will not suspend Blackberry services this month, which is a coup for Research In Motion (NASDAQ: RIMM). Japan said it will continue to intervene in the foreign currency markets, if it is proven necessary. This would weaken the yen, helping exporters like...