I think no virtue goes with size. Ralph Waldo Emerson, 1803-1879 Government is either organized for benevolence or organized madness; Its particular magnitude permits no shade. John Updike, 1932-2009 This is my #1001 blog, and thereform I’ve decided magnitude matters. It must. Why else would I continue this madness? Today I ran across two numbers of the same magnitude - $450 billion for the annual...
NEW YORK (Reuters) - Health insurer WellPoint Inc is weighing more job cuts as it grapples with enrollment declines stemming from the weak U.S. economy, and looks to operate more efficiently next year.
NEW YORK, Sept 9 (Reuters) - U.S. regulators have lifted sanctions barring WellPoint Inc from marketing its Medicare plans to seniors, the health insurer said on Wednesday.
In yesterdays article we provided an update of the performance of our annual HOT STOCK LIST: We also provided an update of the performance of the Toreador Large Cap Fund, TORLX which uses AFG’s Economic Margin Framework as part of its investment philosophy. As you may note, both have done very well! Today we decided to provide a Buy/Sell list to VE’s registered visitors applying some of...
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
Wally Weitz's portfolios recovered some from the loss in 2008. He wrote: "Going forward, our working assumption is that the economy, and business values, will gradually bottom and recover slowly and unevenly. Eventually, a new bull market will begin." Interestingly, he bought into educational companies. This is his Q2 portfolio update. Wallace Weitz buys Apollo Group Inc., Strayer Education...
Zacks.com submits: Health insurer WellPoint Inc. (WLP ) reported second quarter GAAP results of $693.5 million or $1.43 per share that were in-line with the Zacks Consensus Estimate. Non-GAAP earnings, excluding net investment losses of 7 cents per share, came in at $1.50 per share. On a GAAP basis, profits declined 7.6% from the year-ago period. Total operating revenues declined 1.4% to $15.265.8...
Or, it could be a drop in the bucket of money focused on killing reform that would provide coverage to millions of Americans. Apparently, AHIP has decided on the killing reform thing. [T]he insurers have played the inside game, spending about $40 million on an army of lobbyists and lavishing campaign contributions on Democrats and Republicans to kill the public option. In all, the health industry...
SAN FRANCISCO (MarketWatch)-- Health insurance shares fell Monday, bucking a broad market rally, following a House committee's approval of a sweeping healthcare reform bill late Friday. Hospital stocks, which may benefit if such legislation becomes law, rallied. Wellpoint Inc. fell 0.8%, Coventry Health Care Inc. sank 1.9%, Cigna Corp. lost .2% and UnitedHealth Group slipped 2.8%. Tenet Healthcare...
WellPoint Inc., the parent of Anthem Blue Cross and Blue Shield, reported a revenue and profit drop-off for its second quarter, as its number of members fell. (WLP)
Shares of WellPoint Inc. tumbled Wednesday after the health insurer reported a second-quarter profit drop and enrollment that slid further than analysts expected.
WellPoint Inc., parent company of Anthem Blue Cross and Blue Shield in Kentucky Inc., saw its second-quarter profit decline 7.6 percent amidst enrollment declines and investment losses. (WLP)