St. Louis-based Express Scripts said Monday it planned to buy WellPoint’s NextRx subsidiaries in a cash-and-stock deal. Express Scripts is the third-largest pharmacy benefits manager, and the deal likely would vault it past No. 2 CVS …
The stock-swap transaction, which would create one of the nation's biggest health maintenance organizations, would be a victory for Leonard Schaeffer, chairman and chief executive of both Wellpoint and Blue Cross of California, which owns …
Ameriprise Financial Services (AMP): AMP stock is up 3.4%, marking the fifth consecutive day the stock has increased. Wellpoint Health Networks Inc (WLP): WLP stock is up 2.1% today. Banco Bradesco Sa (BBD): BBD stock is up …
Cramer recommended investors take a look at WellPoint ... the stock trading as high as 10 or 11x earnings, pushing …
A sunny first-quarter earnings report from managed-care giant WellPoint Inc. — in which the company beat earnings estimates by 20 cents a share — boosted not only its stock, but lifted the fortunes of others in the sector on an …
The outlook change reflects expectations for higher leverage and lower amounts of capital as WellPoint funds stock repurchases and dividends, Moody’s said in a statement. “While the operations of the company remain strong, …
An important California regulator has raised questions about a proposed merger between Wellpoint Health Networks Inc. and Health Systems International Inc. The two companies said on April 3 that they had agreed to merge in a stock
The price of WellPoint shares climbed 3.3 percent, or $1.98, to $61.89 Monday afternoon, while Amerigroup stock soared 38 percent, or $24.51, to $88.85. The offer of $92 per share was a 43 percent premium to Amerigroup's closing price of …
WellPoint stock has fallen nearly 12 percent so far this year. “There’s just not enough enrollment to keep pricing strong,” Beth Senko, a principal with Williams Capital Group in New York, said of the health insurance segment. But she …
A breach may have occurred if the fiduciaries failed to prudently manage the Plan's assets, by among other things, offering WellPoint stock as a Plan investment option, requiring participants to invest in the stock, and investing and holding …