WellPoint continues to generate a tremendous amount of cash flow, setting the stage for accretive stock buybacks, and debt repayment. In the 3rd quarter, operating cash flow was $240MM, as it reflected only 2 monthly MCS payments. …
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 …
Shares of Unicare soared $7.875, to $27.625, on the New York Stock Exchange, where the gain of almost 40 percent was the biggest of the day. Wellpoint's stock slipped 25 cents, to $26.50.
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, …
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 was up 2.5% and Amerigroup stock was up 38% as of noon. Alcoa (NYSE: AA) will announce its second-quarter earnings after the markets close today. Many analysts expect Alcoa, the nation's largest aluminum producer, to …
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.'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 …
WellPoint’s second-quarter net income fell to $643.6 million, or $1.94 per share, from $701.6 million or $1.89 per share a year earlier, when the company had more outstanding stock. Excluding items, WellPoint reported earnings of $2.04 per …
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 …