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WellPoint's National Government Services Subsidiary Teams With Northrop Grumman
Wednesday, July 20, 2011 - 6:16am | 41WellPoint, Inc. (NYSE: WLP) announced today that its National Government Services subsidiary is partnering with Northrop Grumman to provide information technology support to the Centers for Medicare & Medicaid Services' National Fraud Prevention Program.
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Jefferies Raises PT On UnitedHealth To $60
Wednesday, July 20, 2011 - 5:47am | 27Jefferies & Company has raised the price target on UnitedHealth Group (NYSE: UNH) from $60 to $62 and maintains its Buy rating.
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Citi Comments on UnitedHealth After Initial 2Q11 Analysis
Tuesday, July 19, 2011 - 9:23am | 95Citi has published a report on UnitedHealth (NYSE: UNH). In the report, Citi wrote, " Reported earnings of $1.16 were well ahead of the $0.91 consensus – Consensus is less meaningful this quarter than normal, since some estimates included up to a $0.15 charge related to an insurance assessment,...
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Bank of America Comments on Q2 for UnitedHealth Group
Tuesday, July 19, 2011 - 8:57am | 137Bank of America has published a research report on United Health Group (NYSE: UNH). In the report, Bank of America wrote, "UNH reported strong Q2 earnings, with EPS of $1.16, well above our $0.97 est and the $1.04 consensus (both of which exclude Penn Treaty charges). An estimated $0.05 benefit...
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JP Morgan Reiterates Overweight On UNH
Tuesday, July 19, 2011 - 8:21am | 91JP Morgan has issued a report reiterating the Overweight Rating on UnitedHealth Group (NYSE: UNH). According to the report, "UNH reporting 2Q at $1.16 vs our/consensus $0.89/$0.88. Notably we (and some others) had incorporated a $0.15 earnings drag for an accrual that did not occur this quarter,...
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JP Morgan Reiterates Overweight On UNH
Tuesday, July 19, 2011 - 8:21am | 91JP Morgan has issued a report reiterating the Overweight Rating on UnitedHealth Group (NYSE: UNH). According to the report, "UNH reporting 2Q at $1.16 vs our/consensus $0.89/$0.88. Notably we (and some others) had incorporated a $0.15 earnings drag for an accrual that did not occur this quarter,...
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Earnings Roundup
Tuesday, July 19, 2011 - 8:01am | 896Harley-Davidson Inc (NYSE: HOG) reported a strong rise in its second-quarter net income and lifted its forecast of shipments for the full year. HOG's quarterly profit increased to $190.6 million, or $0.81 per share, from $71.2 million, or $0.30 per share, in the year-ago quarter. Its revenue...
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Benzinga's Top Pre-Market Losers
Tuesday, July 19, 2011 - 7:22am | 103Goldman Sachs Group Inc (NYSE: GS) dipped 3.46% to $124.85 in the pre-market session. GS reported downbeat profit for the second quarter. Whirlpool Corp (NYSE: WHR) dropped 2.37% to $73.81 in the pre-market trading. WHR's trailing-twelve-month profit margin is 3.37%. Johnson & Johnson (NYSE...
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UPDATE: UnitedHealth Reports 12.8% Increase In Q2 Earnings, Lifts Forecast
Tuesday, July 19, 2011 - 5:41am | 96UnitedHealth Group Inc (NYSE: UNH) reported a 12.8% rise in its second-quarter earnings. UnitedHealth's quarterly earnings surged to $1.27 billion, or $1.16 per share, from $1.12 billion, or $0.99 per share, in the year-ago period. Its revenue climbed to $25.2 billion from $23.3 billion. Analysts...
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Earnings Scheduled For July 19
Tuesday, July 19, 2011 - 2:20am | 474Harley-Davidson Inc (NYSE: HOG) is projected to report its Q2 EPS at $0.71 on revenue of $1.26 billion. Yahoo! Inc (NASDAQ: YHOO) is projected to report its Q2 earnings at $0.18 per share on revenue of $1.11 billion. Bank of America Corporation (NYSE: BAC) is expected to post a Q2 loss at $0.90...
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Earnings Preview: Medco Health Solutions Revenue Expected to Rise
Monday, July 18, 2011 - 1:55pm | 551Medco Health Solutions (NYSE: MHS) earnings are right around the corner! Don't be caught off-guard: The company unveils its next round of earnings this Thursday, July 21, 2011. Want to get all the facts ahead of this Thursday's announcement? We thought so. Here's an advanced look at Medco Health...
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Aetna to Acquire PayFlex for $202M
Monday, July 18, 2011 - 7:06am | 74Aetna (NYSE: AET) today announced that it has entered into an agreement to acquire PayFlex Holdings, Inc. The purchase price is approximately $202 million. Aetna expects to finance the acquisition with available resources. The transaction is subject to customary closing conditions, including Hart-...
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UnitedHealth Group Earnings Preview: Analysts Expect Rising Revenue
Friday, July 15, 2011 - 9:26am | 567UnitedHealth Group (NYSE: UNH) earnings are right around the corner! Don't be caught off-guard: The company unveils its next round of earnings this Tuesday, July 19, 2011. Want to know what analysts are expecting to see in UnitedHealth Group's lastest earnings numbers? We thought so. Here's an...
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Wedbush Reiterates Outperform and PT of $75 on Amerigroup
Thursday, July 14, 2011 - 8:36am | 43Wedbush reiterated its Outperform rating on Amerigroup (NYSE: AGP). At the same time, Wedbush left its price target on the company's stock unchanged t $75. In today's trading, AGP added 0.79% to its value to stand around $74.14.
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Wedbush Reiterates Neutral on Aetna, Raises PT to $45
Thursday, July 14, 2011 - 8:30am | 39Wedbush reiterated its Neutral rating on Aetna (NYSE: AET). At the same time, Wedbush raised its price target on the company's stock from $44 to $45. On Wednesday, AET closed the day at $43.39.