The Morgan Stanley Healthcare Payors Index is having its best day in three and a half years.
Aetna CEO Mark Bertolini told CNBC that consumers can expect much higher health-care premiums in 2014 and 2015.
Stocks finished slightly lower Thursday but staged an impressive comeback in the last half-hour of trading following reports that Germany's Angela Merkel has canceled the EU summit's press conference tonight, giving hope to traders that the European leaders are working to form a solution to tackle the ongoing debt crisis.
Mark Bertolini, Aetna chairman & CEO, discusses what's next for health insurers following the Supreme Court's decision to uphold Obamacare. "Our read on this is that it's largely irrelevant to the strategy of where we're headed as an organization," he says.
Take a look at some of Thursday's midday movers:
“Now we know the rules. Now we know what we’re playing with,” says trader Stephanie Link after hearing the Supreme Court had upheld Obamacare.
If ever there’s been a powerful trading catalyst to reconcile, it’s Obamacare. The Supreme Court decision expected Thursday is all but certain to move stocks.
Here are the four U.S.-based health-insurance or benefits management companies with the largest market capitalizations with “buy” ratings from TheStreet Ratings.
What many business owners, analysts and experts say is that no matter what happens with the Supreme Court, some sort of closure is needed to the healthcare debate.
"I think in particular, the 'individual mandate', had it been framed as a tax, it would have been on much more solid ground, just as the Medicare tax is," says Ronald Williams, former Aetna chairman and CEO, weighing in on the pending Supreme Court decision on health care reform.
Take a look at some of Wednesday’s morning movers:
Investors will soon realize not all health-care stocks are equal as the Supreme Court prepares to decide Obamacare’s fate.
If investors want to return value to shareholders, Cramer said, they should increase their dividends.
Since hitting an historic high on April 3, the Morgan Stanley Healthcare Payers Index (HMO), a basket of managed care stocks, is down 16 percent.
U.S. futures were dropping all through the early morning as European manufacturing numbers were weak. Italian and Spanish PMI were both below 50, showing continuing contraction. Even Germany came in at 46.2, a tad below expectations and firmly in contraction territory.
Ireland redux: Now there is word the Spanish government wants to create a "bad bank" (or series of "bad banks") to restructure the banking system. Weekend reports suggest the Spanish government is examining the creation of a "bad bank" similar to Ireland’s plan as part of an effort to restructuring the banking system.
Take a look at some of Friday's morning movers.
Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
Why are we up today? You can thank the long reach of Fed Chairman Ben Bernanke. Love him or hate him, love QE3 (quantitative easing) or hate QE3, Mr. Bernanke has gotten good at this game.
A trio of problems for stocks today: lower euro; weak initial jobless claims (disappointingly high for the second week in a row); and choppier earnings reports.