Daily Stocks News » WLP

WellPoint Q3 Earnings Comfortably Beats Estimate

Warren Paige — Wed, 23 Oct 2013 19:42:02 +0000

Health Benefit Company, WellPoint Inc. (NYSE: WLP) reported on Wednesday that fiscal third quarter profit slid 5.1% as overall expenses outpaced revenue growth, offsetting gains in membership and lower medical costs. However, both core earnings and revenue topped analysts’ expectation. WellPoint reiterated its full-year revenue outlook and lifted its earnings projection by 40 cents. The [...]

Humana Boosts Full-year Earnings Guidance (HUM)

Warren Paige — Wed, 01 May 2013 17:54:43 +0000

Humana Inc. (NYSE: HUM) reported better-than-expected fiscal first quarter earnings on Wednesday; however, the Company said it was bothered about 2014, when lower government rates for private Medicare insurance would come into effect.

Humana, which generates about 2/3 of its entire revenue from Medicare Advantage, could see its top line reel under pressure, just [...]

WellPoint Q1 Earnings Boosted by Consumer Business Segment (WLP)

Warren Paige — Wed, 24 Apr 2013 18:05:15 +0000

Shares of WellPoint Inc. (NYSE: WLP) rallied on Wednesday after America’s second largest health-benefit provider reported that fiscal first quarter earnings climbed 3.4% as top line growth was bolstered by strong performance from consumer-business division, offsetting weakness in commercial business division.

The Indianapolis-based company also upwardly revised its full-year earnings guidance by 15 cents [...]

Major Movers on April 2; UNH, HUM, CI, AET, WLP, GRPN, SCVL, URBN, HTZ

Warren Paige — Tue, 02 Apr 2013 20:00:54 +0000

Shares of healthcare service providers rallied on Tuesday after the government announced new rates which showed that companies running Medicare Advantage plans will get considerable more money than originally expected. Shares of Dow Component, United Health Group (NYSE: UNH) climbed about 5% by afternoon trade while Humana Inc. (NYSE: HUM), Cigna Corporation (NYSE: CI), Aetna [...]

WellPoint to Acquire 1-800 CONTACS Inc. (WLP)

Warren Paige — Tue, 05 Jun 2012 11:02:59 +0000

WellPoint Inc. (NYSE: WLP), a health benefit company, on Monday announced that it agreed to acquire 1-800 CONTACTS Inc., a leading online retailer of contact lenses in the U.S. The acquisition of 1-800 CONTACTS advances WLP’s growth strategy and also enhances the company’s ability to build direct-to-consumer relationships.

1-800 CONTACTS provides consumers an easy [...]