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Mad Money Lightning Round: Cramer Likes Telecom Argentina
Friday, July 29, 2011 - 2:53am | 370On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Paccar (NASDAQ: PCAR) “reported bad numbers while Cummins (NYSE: CMI) reported great numbers. Sell Paccar and pickup some Cummins." For Amerigroup (NYSE: AGP), he said, "I have to go with best of breed here and that's Aetna (...
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Bank of America Reiterates Buy and PT of $48 on Aetna
Thursday, July 28, 2011 - 8:34am | 47Bank of America reiterated its Buy rating on Aetna (NYSE: AET). At the same time, the rating agency left its price target on the company's stock unchanged at $48. In today's trading, AET lost 0.02% of its value to stand around $41.71.
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Goldman Sachs Ups PT On AET To $61
Thursday, July 28, 2011 - 7:59am | 89Goldman Sachs has raised its price target $2 on Aetna (NYSE: AET), from $59 to $61 in light of 2Q numbers reported by the company. According to Goldman Sachs, “Following 2Q, we increase our 2011 EPS by $0.20, to $4.70, the high-end of Aetna's new range of $4.60-$4.70 that the company increased $0....
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Goldman Sachs Reports On 2Q For WLP
Thursday, July 28, 2011 - 7:52am | 92Goldman Sachs, following the release of 2Q results, is lowering its price target from $99 to $85 but is maintaining its Neutral rating on WellPoint (NYSE: WLP). In its report, Goldman Sachs writes, “Following 2Q, we lower 2011E EPS to $6.95 from $7.50 to reflect less upside for the year. We also...
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UPDATE: Citi Lowering Price Target On WellPoint
Thursday, July 28, 2011 - 7:06am | 169Citi Investment Research is out with a research report on WellPoint (NYSE: WLP) and is lowering its price target to $80 from $96, and it has a Buy rating on shares. In a note to clients, Citi Investment Research writes, "While Medicare got all the attention, the numbers suggest WellPoint's...
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Jefferies Reports Buying Opportunity On WellPoint
Thursday, July 28, 2011 - 6:45am | 63According to Jefferies, WellPoint (NYSE: WLP) uptick in Senior medical expenses and shading down the outlook on Medicaid overshadowed an otherwise fundamentally good 2Q. Jefferies said that shares traded off 6.6% yesterday (only partially deserved), and are down 13% this month. “We think the July...
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JP Morgan Raises PT On WellPoint To $88
Thursday, July 28, 2011 - 6:11am | 26JP Morgan has raised the price target on WellPoint (NYSE: WLP) from $85 to $88 and maintains its Overweight rating.
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Goldman Sachs Lowers PT on WellPoint To $85
Thursday, July 28, 2011 - 5:57am | 26Goldman Sachs has lowered the price target on WellPoint (NYSE: WLP) from $99 to $85 and maintains its Neutral rating.
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Citigroup Lowers PT On WellPoint to $90
Thursday, July 28, 2011 - 5:21am | 25Citigroup has lowered the price target on WellPoint (NYSE: WLP) from $96 to $90 and maintains its Buy rating.
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Wednesday's S&P 500 Sector Recap: Hottest and Coldest Sectors
Wednesday, July 27, 2011 - 4:36pm | 1734The S&P 500 (SPX) took a major hit in Wednesday's trading session, finishing down 27.05 points, or 2.03%, from Tuesday's close to 1304.89. The selling began just after the opening bell, and the index extended its losses throughout the session, closing near the low of the day (1303.49), as...
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Earnings Preview: Humana EPS, Revenue Expected to Rise from Previous Quarter
Wednesday, July 27, 2011 - 11:33am | 577Humana (NYSE: HUM) releases its next round of earnings this Monday, August 1, 2011. Here's Benzinga's essential guide to Humana's second quarter earnings report. Earnings and Revenue: Based on estimates, investors are readying for a positive EPS reading of $2.07 per share and revenues of $9....
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Calls Purchased on HealthSpring
Wednesday, July 27, 2011 - 11:26am | 128Shares of HealthSpring (NYSE: HS) are lower on the session by 4.43%, currently trading at $42.50. The stock has been moving largely lower over the past five weeks and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the...
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Earnings Roundup
Wednesday, July 27, 2011 - 7:43am | 1811Boeing Co (NYSE: BA) reported a 20% rise in its second-quarter profit. Boeing's quarterly profit surged to $941 million, or $1.25 per share, from $787 million, or $1.06 per share, in the year-earlier period. Its revenue gained 6% y/y to $16.54 billion from $15.57 billion. However, analysts were...
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Benzinga's Top Pre-Market Losers
Wednesday, July 27, 2011 - 6:50am | 104Juniper Networks Inc (NYSE: JNPR) dipped 17.87% to $25.60 in the pre-market session. JNPR reported downbeat Q2 results and issued weak Q3 projections. WellPoint Inc (NYSE: WLP) lost 5.29% to $69.67 in the pre-market session. WLP reported a 2.9% drop in its second-quarter net profit. Quest...
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A Peek Into The Market Before The Trading Starts
Wednesday, July 27, 2011 - 6:25am | 377Pre-open movers US stock futures are flat this morning. Shares of Amazon.com Inc (NASDAQ: AMZN) surged about 6.4% in pre-market trading after the company reported upbeat quarterly results. Futures for the Dow Jones Industrial Average gained 1 point to 12,433.00 and S&P 500 index futures fell 1....