Aetna posts
FeedPosted Oct 31st 2009 4:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Allergan (AGN), Aetna Inc (AET), TD AmeriTrade Holding (AMTD), RadioShack Corp (RSH), Goodyear Tire and Rubber (GT), E*TRADE (ETFC), Visa Inc. (V)
Continue reading Earnings highlights: Aetna, Allergan, E*Trade, Goodyear, RadioShack, SAP, Visa ...
Posted Aug 1st 2009 8:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Motorola (MOT), Viacom (VIA), Revlon (REV), Sprint Nextel Corp (S), Aetna Inc (AET), Avon Products (AVP), ConocoPhillips (COP), Under Armour'A' (UA), Las Vegas Sands (LVS)
Continue reading Earnings highlights: Viacom, Sprint, Revlon, DreamWorks, Conoco, Avon ...
Posted Jun 6th 2009 12:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Google (GOOG), Krispy Kreme Doughnuts (KKD), Aetna Inc (AET), Ciena Corp (CIEN), Valero Energy (VLO), KKR Financial (KFN), Lions Gate Entertainment (LGF)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Google, KKR, Krispy Kreme, Williams-Sonoma, Guess? and more
Posted Feb 8th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Coca-Cola (KO), PepsiCo (PEP), Coca-Cola Enterprises (CCE)
It's about that time again: Pepsi vs. Coke. No, not another taste test or another Battle of the Brands. It's time for the next quarterly results from these two soft drink titans.
Analysts surveyed by Thomson Reuters anticipate that PepsiCo Inc. (NYSE: PEP), global beverage and snack food giant, will report fourth-quarter earnings this week that are 9.1% higher that a year ago, or $0.88 per share. Revenue is expected to total $12.8 billion, which is 3.9% higher than last year. For the full year, the profit is expected to be $3.67 per share on revenue of $43.4 billion, up from $3.38 per share on $39.5 billion in 2007. PepsiCo's earnings met or beat estimates in four of the past five quarters, but missed by only two cents per share in the third quarter. The consensus recommendation of analysts remains to buy PEP. The share price fell to a 52-week low in January and is now 24.4% lower than it was a year ago. During the fourth quarter, PepsiCo declared a $0.42 per share quarterly dividend, agreed to acquire a Spitz International, and announced investments in China and Mexico.
Continue reading The week in preview: Coke versus Pepsi
Posted Nov 1st 2008 3:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Sony Corp ADR (SNE), Aetna Inc (AET), CBS Corp 'B' (CBS), Clorox Co (CLX), Colgate-Palmolive (CL), Procter and Gamble (PG), Verizon Communications (VZ), BP p.l.c. ADS (BP), U.S. Steel (X), Symantec Corp (SYMC), Kraft Foods'A' (KFT)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: BP, CBS, Kraft, Sony, Verizon, Colgate, Nintendo and others
Posted Aug 2nd 2008 9:10AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Starbucks (SBUX), Sirius Satellite Radio (SIRI), Viacom (VIA), IAC/InterActiveCorp (IACI), Aetna Inc (AET), Altria Group (MO), Comcast Cl'A' (CMCSA), Corning Inc (GLW), Nucor Corp (NUE), Valero Energy (VLO), Kraft Foods'A' (KFT), Garmin Ltd (GRMN)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
For more highlights from this week, see: General Motors, Motorola, Disney, Sony, Visa, CBS and others
Upcoming quarterly reports include Archer Daniels Midland (NYSE: ADM), Procter & Gamble (NYSE: PG), Jack-in-the-Box (NYSE: JBX), Cisco (NASDAQ: CSCO), News Corp. (NYSE: NWS), Whole Foods (NASDAQ: WFMI), Sprint Nextel (NYSE: S), Time Warner (NYSE: TWX), Freddie Mac (NYSE: FRE), and Blockbuster (NYSE: BBI).
Visit AOL Money & Finance for more earnings coverage.
Posted Jul 3rd 2008 3:26PM by Brent Archer (RSS feed)
Filed under: Major movement, Analyst upgrades and downgrades, Bad news, Industry, Aetna Inc (AET), Options, Technical Analysis
Aetna (NYSE:
AET) shares are falling today after
an analyst at Goldman Sachs downgraded the stock to "Sell" from "Neutral," saying the company will face lower profit margins over the next few years. Other companies in the health-care industry also got downgrades today. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on AET.
After hitting a one-year high of $60.00 in December, the stock has hit a new one-year low today. This morning, AET opened at $36.98. So far today the stock has hit a low of $36.01 and a high of $37.99. As of 11:55, AET is trading at $37.29, down 2.50 (-6.3%). The chart for AET looks bearish and steady, while
S&P gives the stock a positive 4 STARS (out of 5) buy rating.
For a bearish hedged play on this stock, I would consider an August
bear-call credit spread above the $45 range. A bear-call credit spread is an options position that combines the purchase and sale of call options to hedge risk in case the stock doesn't do what you think but still leverage nice returns. For this particular trade, we will make a 4.2% return in six weeks as long as AET is below $45 at August expiration. AET would have to rise by more than 20% before we would start to lose money.
Continue reading Trade idea for recent Aetna downgrade
Posted May 29th 2008 5:09PM by Joseph Lazzaro (RSS feed)
Filed under: Aetna Inc (AET), Stocks to Buy
Given the uncertain U.S. economic landscape, and accompanying choppy / consolidating market conditions, adding a few defensive plays is a prudent tack. Among insurers,
Aetna Inc. (NYSE:
AET) is worth an evaluation.
Aetna's wide product offerings and comprehensive coverage is an operational strength, as is its geographic footprint. These factors, along with cost controls, should enable Aetna to maintain solid earnings growth in FY 2008-FY 2009.
Further, analysts like AET's projected F2008 800,000-900,000 organic net membership growth in its health care segment, superior underwriting discipline, and cost controls. Another positive: on the big client side, the
Bank of America Corporation (NYSE:
BAC) selected Aetna as its primary benefits provider for its employees, beginning in 2009.
Continue reading Aetna can see the brighter future from its vantage point
Posted Mar 12th 2008 11:22AM by Eliza Popescu (RSS feed)
Filed under: Forecasts, Bad news, Aetna Inc (AET)
Yesterday was a difficult trading session for the managed healthcare group, with industry giant WellPoint Inc. (NYSE: WLP) cutting its 2008 profit forecast, blaming higher claims expense and the weak market conditions. Today is another tough day, with health care companies taking another hit on pressure from Humana Inc. (NYSE: HUM), which warned about lower-than-expected first quarter and full year earnings results.
Blaming increased prescription expenses, the second largest seller of Medicare drugs cut its first-quarter earnings outlook to a range of 44 to 46 cents a share against its previous prior guidance of 80 to 85 cents a share. Analysts, on average, expected the health insurer show higher first-quarter earnings of 78 cents, according to Thomson Financial.
The company also projected full-year earnings between $4.00 and $4.25 per share, down from a previous forecast of $5.35 to $5.55. Humana's estimates were below analysts' expectations for full-year earnings of $5.47per share.
Continue reading Humana (HUM) slashes earnings outlook on higher prescription costs
Posted Nov 20th 2007 10:03AM by Jonathan Berr (RSS feed)
Filed under: From the boards, Press releases, Employees, Aetna Inc (AET), H and R Block (HRB), Housing
H&R Block Inc. (NYSE:
HRB) Chief Executive Mark Ernst today resigned as his efforts to unloaded the company's money-losing subprime mortgage business Option One Mortgage Corp. to
Cereberus Capital Management LP nears collapse, according to
Bloomberg News.
Former SEC Chairman and hedge fund manager Richard Breeden, who had long complained about losses at Option One and lead a proxy battle against the company, was named chairman and Alan. M. Bennett, a former CFO of
Aetna Inc. (NYSE:
AET), interim chief executive. H&R Block is conducting a search for a new CEO. Bennett has told the company he doesn't wish to be considered as a candidate, the company
said in a press release.
Cerebeus agreed to pay H&R Block $800 million for Option One in April, well under the $1.3 billion
the company had hoped to get. Cereberus may scuttle the deal entirely now given the continued uncertainty of the credit markets. It's unclear what's going to happen to Option One which Ernst had said H&R Block may close if it couldn't find a buyer, Bloomberg said.
Shares of Kansas City-based H&R Block, which have slumped more than 17% this year, rose in pre-market trading. It will be interesting to see if Breeden will be able to help turn around H&R Block now that he's become an insider.
Posted Oct 29th 2007 10:57AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Hewlett-Packard (HPQ)
MOST NOTEWORTHY: Clayton, PharmaNet Development, Royal Bank of Scotland, Progressive Gaming and WSFS Financial were today's noteworthy downgrades:
- JMP Securities downgraded shares of Clayton Holdings Inc (NASDAQ: CLAY) to Market Perform from Outperform citing lack of visibility in the non-agency MBS market. William Blair also downgraded shares to Market Perform from Outperform after the company's in-line quarter, to reflect lowered estimates and uncertainty regarding a recovery time.
- Jefferies downgraded shares of PharmaNet Development Group Inc (NASDAQ: PDGI) to Hold from Buy as they believe departures of board and management executives have introduced new risk.
- The Royal Bank of Group PLC (NYSE: RBS) was lowered to Sell from Buy at Citigroup, as they are negative on the company's acquisition of ABN Amro Holding NV (NYSE: ABN).
- ThinkEquity downgraded shares of Progressive Gaming International Corporation (NASDAQ: PGIC) to Accumulate from Buy following Friday's announcement that it lost its post-trial motions and will proceed to appeals court in the Webb lawsuit. PGIC will have to post a $20M bond, which is more than the firm expected.
- B. Riley downgraded shares of WSFS Financial Corporation (NASDAQ: WSFS) to Neutral from Buy after they lowered their estimates to reflect the company's higher projected on-interest expense.
OTHER DOWNGRADES:
Posted Oct 27th 2007 11:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Microsoft (MSFT), Apple Inc (AAPL), Amazon.com (AMZN), Motorola (MOT), Estee Lauder (EL), Halliburton (HAL), Netflix, Inc. (NFLX), New York Times'A' (NYT), Aetna Inc (AET), American Express (AXP), , , Boeing Co (BA), Bristol-Myers Squibb (BMY), , Coach Inc (COH), Comcast Cl'A' (CMCSA), , United Parcel'B' (UPS), Merck and Co (MRK), Lockheed Martin (LMT), Hasbro Inc (HAS), Amgen Inc (AMGN), UAL Corp (UAUA), Dow Chemical (DOW), Texas Instruments (TXN), EMC Corp (EMC), Juniper Networks (JNPR), JetBlue Airways (JBLU), General Dynamics Corp (GD)
The earnings crunch continues to roll along, and here are a some highlights of this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Apple (AAPL), Merrill Lynch (MER), UAL (UAUA), and many others
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