-
Cardinal Health Beats by 1 Cent - Analyst Blog
Thursday, August 5, 2010 - 5:32pm | 783Cardinal Health (CAH) reported fourth-quarter and fiscal 2010 adjusted (excluding one-time expenses) earnings per share of 50 cents and $2.22 respectively, exceeding the Zacks Consensus Estimates of 49 cents and $2.21, respectively, but below the year-ago results of 63 cents and $2.26, respectively...
-
Company News for August 5, 2010 - Corporate Summary
Thursday, August 5, 2010 - 2:44pm | 552• Viacom (NYSE:VIA.B) posted second quarter earnings of 68 cents, three cents above Zacks estimates, on a 0.1% revenue gain to $3.30 billion, off estimates of $3.43 billion • Foster Wheeler (NASDAQ: FWLT) missed Zacks estimates by 3 cents with second quarter earnings of 48 cents, as revenues...
-
Calls Purchased on Health Net (HNT)
Thursday, August 5, 2010 - 12:31pm | 109Shares of Health Net Inc. (NYSE: HNT) are lower on the session by 0.27%, currently trading at $25.77. The stock has been moving largely higher over the past four weeks and is now trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. The January...
-
Afternoon Market Update (LCC, SKYW, AMR, DAL, ALK, CI)
Thursday, August 5, 2010 - 12:06pm | 237US Airline stocks are in the negative territory, as the wider market declined following the release of a report showing a rise in first-time jobless claims for the week ended July 31. The NYSE Arca Airline Index (XAL) fell about 0.5%. The top losers in the list were US Airways (NYSE: LCC), SkyWest...
-
Health Net Outshines Estimate - Analyst Blog
Wednesday, August 4, 2010 - 5:52pm | 659Health Net Inc. (HNT) reported second quarter earnings per share (EPS) of 45 cents compared to earnings of 38 cents in the first quarter of 2009. The reported quarter included $24.9 million in charges arising from cost cuts and other expenses, partially offset by a net benefit of $3.2 million...
-
Molina Healthcare Reports Second Quarter 2010 Results
Wednesday, August 4, 2010 - 4:27pm | 105Molina Healthcare, Inc. (NYSE: MOH) today reported its financial results for the second quarter and six months ended June 30, 2010. Net income for the quarter was $10.6 million, or $0.41 per diluted share, compared with net income of $14.6 million, or $0.56 per diluted share, for the quarter ended...
-
Molina Healthcare Announces Common Stock Offering
Wednesday, August 4, 2010 - 4:15pm | 124Molina Healthcare, Inc. (NYSE: MOH) today announced that it has commenced an underwritten public offering of 4,000,000 shares of its common stock. In connection with the offering, Molina Healthcare and the selling stockholder intend to grant the underwriters an option to purchase up to 350,000...
-
Bullish MACD for Coventry Health - Tale of the Tape
Wednesday, August 4, 2010 - 3:33pm | 103Coventry Health Care Inc.’s (CVH) MACD indicator has moved into bullish territory with a reading of 0.2997. The Zacks #2 Rank (“Buy”) stock gained more than 2.5% to $21.45 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for 2010 jumped 24 cents over the past week to $2.71...
-
Insurance Industry Stock Update - Aug. 2010 - Industry Outlook
Wednesday, August 4, 2010 - 10:30am | 1804After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has improved to a great extent in 2010. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis...
-
Insurance Industry Stock Update - Aug. 2010 - Zacks Analyst Interviews
Wednesday, August 4, 2010 - 10:30am | 1804After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has improved to a great extent in 2010. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis...
-
What's Your Stock's Price Target? - Screen of the Week
Wednesday, August 4, 2010 - 10:30am | 200Kevin Matras shows how to calculate a stock's price target and how to find stocks currently trading below them. Highlighted stocks include ALK, AVX, RBC, MOH and WBC. ALASKA AIR GRP (ALK): Free Stock Analysis Report AVX CORP (AVX): Free Stock Analysis Report MOLINA HLTHCR (MOH): Free Stock Analysis...
-
Zacks #1 Rank Additions for Wednesday - Tale of the Tape
Wednesday, August 4, 2010 - 10:26am | 346Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: AMERIGROUP Corp (AGP) Baldor Electric Co (BEZ) Clearwater Paper Corp (CLW) Danaos Corp (DAC) Endo Pharmaceuticals Holdings Inc (ENDP) View the entire Zacks #1 Rank List. AMERIGROUP CORP (AGP): Free Stock Analysis...
-
Zacks Industry Outlook Highlights: American International Group, Universal American, Unitrin, AFLAC, Employers Holdings - Press Releases
Wednesday, August 4, 2010 - 10:25am | 1112For Immediate Release Chicago, IL – August 04, 2010 – Today, Zacks Equity Research discusses the Insurance industry, including American International Group (AIG), Universal American Corp. (UAM), Unitrin Inc. (UTR), AFLAC Inc. (AFL) and Employers Holdings Inc. (EIG ). A synopsis of today’s Industry...
-
Zacks.com featured expert Kevin Matras highlights: Alaska Air Group, Inc., AVX Corp., Regal Beloit Corp., Molina Healthcare, Inc. and WABCO Holdings Inc. - Press Releases
Tuesday, August 3, 2010 - 6:41pm | 1337Chicago, IL – August 3, 2010 - Stocks in this week's article include Alaska Air Group, Inc. (NYSE: ALK), AVX Corp. (NYSE: AVX), Regal Beloit Corp. (NYSE: RBC), Molina Healthcare, Inc. (NYSE: MOH) and WABCO Holdings Inc. (NYSE: WBC). Kevin Matras shows how to calculate a stock's price target and...
-
Rolling Out & Up 08-03-2010
Tuesday, August 3, 2010 - 4:07pm | 904Cusick’s Corner The market continues to stay in a stubborn range and is currently in the negative at this stage of the Midday. I want to highlight a FRO trade that is in the Bullish section -- a strategist looks to have closed an August 35 call position and bought a January 40 call position, which...