The Anthem-WellPoint deal combines two major providers of Blue Cross and Blue Shield plans, some of the most popular health plans across the country. The Blue Cross and Blue Shield plans are organized on a state-by-state basis, and …
After naming Braly instead, WellPoint gave Colby the additional title of vice chairman and more stock options, a move widely believed to be incentive to stay. Braly, a lawyer with dealmaking experience and public-policy savvy but a relative …
They have decried the company's lagging stock, managerial missteps and disappointing earnings. Still, the timing of Braly’s resignation is a bit unusual in that WellPoint agreed last month to purchase Medicare provider Amerigroup Corp. …
Express Scripts said it is acquiring the pharmacy benefit management business of WellPoint in a deal valuing the unit at nearly $4.7 billion in cash and stock. The negotiations on the deal, which was formally announced in a press release …
High unemployment along with slimmer margins with Medicare Advantage plans for the elderly are likely to weigh on earnings, the company said then. WellPoint shares closed down $1.09, or nearly 2 percent, at $53.70 on the New York …
Angela F. Braly, the former CEO of WellPoint Inc., was compensated $31.7 million last year, not including $17.8 million in stock-and-option awards that will provide value in the future, according to documents filed last week with the U.S. …
WellPoint Inc. shares hit an all-time high price of $102.56 shortly after trading started Friday, topping a previous high that was set Wednesday. The stock then retreated but was still up $1.19, to $100.90 in midmorning trading. WellPoint …
WellPoint shares were down 12 cents at $48.44 in afternoon trading on the New York Stock Exchange. (Reporting by Lewis Krauskopf; Editing by Andre Grenon) Our Standards:The Thomson Reuters Trust Principles.
The whole company was converted in 1996, with WellPoint becoming the parent, and two health-related foundations in California getting more than $3 billion worth of stock in return. After expanding by buying three non-Blues health …
WellPoint's first-quarter net income fell 21 percent as the ... after reporting on Wednesday quarterly earnings that topped Wall Street expectations. Its stock climbed in premarket trading after it released results. The federal overhaul expanded …