Humana Inc. (NYSE: HUM) reported better-than-expected fiscal first quarter earnings on Wednesday; however, the Company said it was bothered about 2014, when lower government rates for private Medicare insurance would come into effect.
Continue reading Humana Boosts Full-year Earnings Guidance (HUM)
Shares of Pitney Bowes Inc. (NYSE: PBI) tumbled about 17% by midday trade after the mail and document services provider handed lower-than-expected fiscal first quarter earnings and slashed its dividend. For the first quarter, Pitney Bowes reported adjusted earnings of 42 cents a share, missing analysts’ consensus estimate by 2 cents a share. The quarterly revenue was slashed to 18.75 cents a share from 37.5 cents a share, in the year earlier quarter.
Continue reading Major Movers on April 30; PBI, AET, BWLD, HLF, HOT
Shares of healthcare service providers rallied on Tuesday after the government announced new rates which showed that companies running Medicare Advantage plans will get considerable more money than originally expected. Shares of Dow Component, United Health Group (NYSE: UNH) climbed about 5% by afternoon trade while Humana Inc. (NYSE: HUM), Cigna Corporation (NYSE: CI), Aetna Inc. (NYSE: AET), WellPoint Inc (NYSE: WLP) also jumped.
Continue reading Major Movers on April 2; UNH, HUM, CI, AET, WLP, GRPN, SCVL, URBN, HTZ
Shares of Aetna Inc. (NYSE: AET), a diversified healthcare benefits company offering a range of traditional and consumer-directed health insurance products and related services, edged higher in trading today after the company backed its outlook for 2012 and also gave guidance for 2013.
Shares of health insurer, Aetna Inc. (NYSE: AET) gained 4 percent after the company boosted its outlook both on revenue and earnings for the next fiscal year.
Continue reading Major Movers on December 12; AET, SCMP, YMI, DLB, GEOS, DD, BGMD, ALNY, MCP, LLY