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Coventry Health Care


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Earnings roundup: Coventry, Black & Decker

Health insurer Coventry Health Care Inc. said Friday its second-quarter profit fell 45 percent as medical costs climbed, particularly in Medicare Advantage plans.

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Coventry earnings nearly halved, revenue jumps

Coventry Health Care Inc.’s second-quarter earnings were cut in half, the company reports, but revenue jumped by more than 21%, as the health insurer struggled to deal with rising medical costs.

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Coventry Health second-quarter earnings fall by nearly half

NEW YORK (MarketWatch) -- Coventry Health Care Inc. said Friday that its second-quarter earnings were $83.2 million, or 55 cents a share, compared to $151.3 million, or 96 cents a share, in the same period last year. Operating revenue was $2.98 billion, vs $2.33 billion. FactSet analysts, on average, expected Coventry to earn $1.05 a share on revenue of $2.98 billion. For the third quarter Coventry...

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Zacks Sell List Highlights: Coventry Health Care, AU Optronics Corp, Saks, Salix Pharmaceuticals

CHICAGO--(BUSINESS WIRE)--Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now.

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Stock Market Alerts: Breaking Stock Alert for Friday: ERUC! July 11, 2008

MIAMI, FL (MARKET WIRE) Stock Market Alerts' performance stock list includes: ER Urgent Care Centers (PINKSHEETS: ERUC), Tenet Healthcare Corporation (NYSE: THC), Coventry Health Care, Inc. (NYSE: CVH), Humana Inc. (NYSE: HUM).

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Coventry Health Care to Release Second Quarter 2008 Financial Results

BETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE:CVH) announced today that it will release second quarter financial results on Friday, July 25, 2008. Dale Wolf, Coventry

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Zacks Bull and Bear of the Day Highlights: Cytori Therapeutics, Georgia Gulf, Coventry Health Care, Hanesbrands and NVIDIA

CHICAGO--(BUSINESS WIRE)--Zacks Equity Research highlights Cytori Therapeutics, Inc. (Nasdaq: CYTX) as the Bull of the Day and Georgia Gulf (NYSE: GGC) as the Bear of the Day.

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Health Insurers' Stock Prices Fall After Coventry Health Reduces Earnings Estimates

Stock prices for UnitedHealth, WellPoint and other U.S. health insurers declined Thursday after an announcement by Coventry Health Care that it had lowered its earnings estimates for the second quarter and the full year after reporting that it had underestimated claims in Medicare plans, Bloomberg reports.

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Coventry Health Care Awards Medicare Pharmacy Services Contract to Medco

FRANKLIN LAKES, N.J., June 23 /PRNewswire-FirstCall/ -- Medco Health Solutions, Inc. announced it will provide pharmacy services for Coventry Health Care, Inc. , a national managed health care company headquartered in Bethesda, Md.

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Medco, Coventry Health negotiating Medicare drug contract

WASHINGTON (MarketWatch) -- Medco Health Solutions Inc. is in line to provide Medicare pharmacy services for Coventry Health Care Inc. starting Jan. 1, 2009, the companies said. Coventry Health's Medicare programs cover some 1 million managed-care members, with their drug spending exceeding $2 billion a year. Franklin Lakes, N.J.-based Medco and Bethesda, Md.-based Coventry Health must still negotiate...

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A Look at the HMOs

We recently wrote about weakness in the major drugs industry. On Wednesday, another healthcare-related industry — insurance, accident and health — saw downside pressure after Coventry Health Care Inc (CVH) made a surprise announcement that it was lowering its guidance 46% for the second quarter. Trading Ideas for Thursday featured a couple of insurance companies [...]

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A.M. Best Comments on Coventry Healthcare's Earning Guidance

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has commented that the ratings of Coventry Health Care, Inc. (Coventry) [NYSE: CVH]