The health-care sector tends to outperform the overall market during flu season. Who else stands to gain?» Read More
Centene Corp. said Tuesday it is suing Kentucky, a state that has generated heavy losses for the Medicaid coverage provider, as it reported an 87 percent plunge in third-quarter earnings. Centene said it filed a lawsuit against Kentucky over the state's "failure to completely and accurately disclose material information."
Shares of Centene Corp. soared Wednesday after the health insurer said it will end a contract to administer Medicaid coverage in Kentucky that had hampered its performance. A Centene official said in a brief statement that they "do not believe there is a viable path to a sustainable managed care program in Kentucky."
FRANKFORT, Ky.-- A Medicaid managed care provider in Kentucky is seeking to terminate its contract with the Cabinet for Health and Family Services after only a year, a move that would cut some 200 jobs in Lexington. Kentucky has three other Medicaid contractors.
Different presidential election outcomes would benefit different health care stocks, Bernstein analyst Ana Gupte said Thursday on CNBC.
Healthcare moving on debates. Governor Romney's performance last night has investors in certain healthcare sectors a bit nervous. Obamacare is perceived to be a positive for hospitals, slight negative for HMOs. Today, that trade is being reversed: hospital stocks are down, HMOs are up
The Morgan Stanley Healthcare Payors Index is having its best day in three and a half years.
Take a look at some of Thursday's midday movers:
No matter how the Supreme Court rules, these health care stocks win.
Stocks accelerated their selloff in the final minutes of trading to close down more than 1 percent across the board Monday, as initial euphoria over Spain's bank bailout fizzled and amid ongoing fears over a global economic slowdown.
Investors will soon realize not all health-care stocks are equal as the Supreme Court prepares to decide Obamacare’s fate.
Is it enough? The 100 billion euros ($125 billion) the European Union is lending to Spain for bank recapitalization was dismissed almost immediately because it didn't involve: 1) writedowns; and 2) a massive restructuring of the Spanish economy. This buys some more time, but everyone is looking for what form the ultimate solution will take.
U.S. stock index futures were higher Monday but off their best levels as questions began to form over whether Spain's bank aid would really help put an end to the debt crisis.
Take a look at some of Monday’s morning movers:
Take a look at some of Friday's midday movers:
The Morgan Stanley Healthcare Payors Index is having its worst day in eight months on news Ohio will not renew contracts to four current Medicaid providers.
Health care stocks spent much of 2012 inching higher, and are currently the sixth best performing sector in the S&P 500, up 7 percent.
While the whole market came off its earlier highs (Dow was up almost 150 points right after the open), financials led the decline shortly after 2pm ET, when many big names went into the red, and not just JPMorgan or Citi, both down all day. I said it this morning, I'll say it again: bank earnings estimates for 2012 look too high to me.
Cramer makes the call on viewers' favorite stocks.
Amerigroup will release second-quarter figures on Friday before the bell. In the past 8 quarters, the company's shares rose 2.34 percent, on average, thirteen days after the company reported its quarterly results.
CNBC's "Power Lunch" team asked some of the best and the brightest from America's big financial firms to list the most promising stocks. Strategists from Citigroup, Goldman Sachs, Cowen & Co. and Deutsche Bank offered CNBC their stock picks.