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Top 5 Small-Cap Stocks In The Healthcare Sector With The Highest Cash (WCG, AGP, MOH, OSIP, CBST)
Monday, January 4, 2010 - 8:40am | 195Below are the top 5 small-cap healthcare stocks on the NASDAQ and the NYSE in terms of cash. The total cash at WellCare Health Plans Inc (NYSE: WCG) is $1.23 billion. WCG’s market capitalization is $1.56 billion. Collins Stewart initiated coverage of WCG with a “buy” rating. The total cash at...
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AET To Take Charges For Workforce Reduction, Real Estate
Wednesday, December 30, 2009 - 1:26pm | 103Aetna (NYSE: AET) announced that it will be taking a charge of $60-$65 million in Q4 due to its plans to cut 625 jobs and consolidate real estate. The Hartford, Connecticut-based company said that it also foresees taking a charge of $20-$25 million, after tax, following the completion of a similar...
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Benzinga’s News Roundup (SNTS, MRVL, NVO, AET, CIEN, NVDA)
Wednesday, December 30, 2009 - 10:08am | 406Santarus, Inc. (NASDAQ: SNTS) today announced that it has submitted an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA) to begin a Phase III clinical program evaluating rifamycin SV MMX in patients with travelers` diarrhea. SNTS has increased 0.87% to $4.65...
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Benzinga’s Top Upgrades & Downgrades (JEF, CTCM, CZZ, GOK, UNH, AMCS, HRB)
Tuesday, December 29, 2009 - 10:23am | 332Jefferies Group, Inc. (NYSE: JEF) was today upgraded by Keefe, Bruyette and Woods from Market Perform to Outperform and price target set to $30. Jefferies Group is now trading at $5.51, 0.73% up in the pre-market session. So far in 2009, JEF gained over 225%. CTC Media, Inc. (NASDAQ: CTCM) was...
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Benzinga’s News Roundup (JEF, APPY, VVUS, MS, MSFT, NTRI, UNH)
Tuesday, December 29, 2009 - 10:02am | 438Jefferies Group, Inc. (NYSE: JEF) was today upgraded by Keefe, Bruyette and Woods from Market Perform to Outperform and price target set to $30. Jefferies Group has increased 4.52% to $24.27. Jefferies Group closed at $23.22 yesterday. The 52-week trading range for JEF is $8.04 - $30.99. So far in...
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Benzinga’s Top Pre- Market Losers (JDSU, UNH, SEED, FSII, TRMS, RFMD)
Tuesday, December 29, 2009 - 9:31am | 271JDS Uniphase Corporation (NASDAQ: JDSU) has decreased $0.03 or 0.36% to $8.35 in the pre-market session. JDSU made a new 52 week high yesterday at $8.75. So far in 2009, JDSU surged over 129%. In the previous trading session, JDSU closed at $8.38. UnitedHealth Group Inc. (NYSE: UNH) has declined 0...
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Health Care Reform Bill Generates Outcry, Indicates Sharp Divide (AET, HUM)
Monday, December 28, 2009 - 11:00am | 125The Senate had passed an important health-care reform bill on Thursday morning. The bill has generated a heated debate with proponents calling it a leap towards the United States becoming a Great Society while opponents have bemoaned it as the end of capitalism. The bill makes it mandatory for...
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Guy Adami Thinks It Is Time To Sell UNH
Tuesday, December 22, 2009 - 7:54pm | 95CNBC's Fast Money Guy Adami thinks that it is a good idea to sell HMO stocks. He took UnitedHealth (NYSE: UNH) as an example and said that it moved from $25 to $32 and that now is a time to take profits. Investors should not wait for further price increase, which might happen, but it is not worth a...
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Stocks That Are Soaring On The Back of Healthcare Bill (AET, CI, WLP)
Tuesday, December 22, 2009 - 3:12pm | 259According to an article on SmartMoney, the three healthcare companies that are seeing major gains in the stock market and may still continue to do so if the Senate bill becomes a law are: Aetna (BYSE: AET) provides health insurance products and related services. Since AET is focused on providing...
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Stock Market News for December 22, 2009 - Market News
Tuesday, December 22, 2009 - 10:18am | 497A series of corporate deal announcements and analyst upgrades of two Dow components returned to boost confidence on the Street and sent stocks sharply higher even as a controversial legislation to revamp the U.S. healthcare system inched closer toward finalization. The mergers and acquisition...
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An ETF For Healthcare Reform (IHF)
Tuesday, December 22, 2009 - 1:07am | 253Once President Obama announced plans for his ambitious and controversial healthcare reform package, health insurance stocks became stuck in a holding pattern. Well, the Democrat-dominated Senate finally passed the bill, clearing the way for President Obama to sign it into law sooner rather than...
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Woefully Inadequate Healthcare Reform Bill Passes in Senate
Monday, December 21, 2009 - 5:28pm | 343You gotta be disgusted with the passage of the Senate healthcare “reform” bill over the weekend. Besides the inclusion of severe restrictions on womens’ rights to abortions which sets back womens’ rights by 25 years, it also passed without any public option or Medicare buy-in. What’s left is a...
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Health Brings Wealth To The Street (PFE, MRK, AET, UNH, SNY, CHTT)
Monday, December 21, 2009 - 3:23pm | 158The health-care sector led the surge in U.S. stock market on Monday. The key triggers were a crucial Senate vote and a merger activity. The U.S. Senate voted to advance healthcare legislation. David Resler of Nomura Securities, speaking to the Wall Street Journal, stated that the legislation ‘...
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New 52-Week High Stocks (AA, INTC, MU, AET, NWSA)
Monday, December 21, 2009 - 11:47am | 195Alcoa Inc. (NYSE: AA) has made a new 52-week high at $15.74 and now up 7.68% to $15.70 on 18.45 million shares. Today, Morgan Stanley upgraded Alcoa and set a new price target of $22 a share. Intel Corporation (NASDAQ: INTC) has jumped2.85% to $20.20 on 13.04 million shares. Today, INTC has made a...
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Prospect Medical Holdings (PZZ) Reports Fiscal 2009 Q4 and Year-End Financial Results
Monday, December 21, 2009 - 9:23am | 92Prospect Medical Holdings, Inc. (NASDAQ: PZZ) , which owns and operates five community-based hospitals and manages the medical care of approximately 177,000 HMO enrollees in southern California, announced financial results for its fiscal 2009 fourth quarter and year ended September 30, 2009....