Amerigroup shares soared close to the acquisition price Monday morning. They climbed 38 percent, or $24.41, to $88.75. WellPoint's stock rose 3.5 percent, or $2.10, to $62.01 per share. Medicaid is the state and federally funded program …
Check out this research note on WellPoint from stock market analyst site Seeking Alpha. The note is titled "Someone is Loving Obamacare, Among Them WellPoint Shareholders." Highlights: While the fundamental financial picture …
WellPoint Inc. (WLP) has agreed to pay $90 million as settlement ... for their ownership stake in the company during its conversion from a mutual company to a stock company in 2001. The settlement payment is expected to reduce the …
Jews - if they complete the $1.3 billion sale to WellPoint Health Networks Inc. "This is the management that created this $1.3 billion of value," he said, "and if it were a stock company, they would have been reaping the rewards." Yesterday, …
But it was not enough to appease shareholders, frustrated by WellPoint’s sagging stock price and weak financial performance. In the most recent quarter, the insurance company’s profit fell about 8 percent, to $643.6 million, from the …
Last year, the company took an unexpected earnings hit tied to problems with a California Medicare plan. Additionally, WellPoint’s stock has lagged behind rival UnitedHealth Group. Braly served as WellPoint CEO since 2007.
WellPoint Inc.'s stock price has soared this year to heights the company has never seen. But the 30-percent run-up has just managed to bring the giant health insurer back into the pack of its peers. Its rise during that period has been …
In February, WellPoint forecast $5.51 to $5.66 per share for 2009 excluding any potential investment losses. Shares edged up 0.5 percent to $41.97 in afternoon trading on the New York Stock Exchange. Earlier this month, WellPoint