Tag Archives: CTIC

Humana Inc.’s (NYSE:HUM) Profit Slips on Inflated Coverage Costs – HUM, LLY, ANTH, RMTI, CTIC, ARNA, LLY,

Humana Inc.’s (NYSE:HUM) fourth-quarter earnings plunged down 3.5% as inflated coverage costs covered the health-care firm’s revenue growth from hiked membership. Past month, Humana finished its approximately $850 million takeover of Metropolitan Health Networks Inc., a medical-services supplier mainly operating …

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WellPoint Inc. (NYSE:WLP) Lifts Up Earnings Outlook for 2013 – WLP, AET, CI, CTIC, PFE, BSX, PPHM, ABBV, DNDN

WellPoint Inc. (NYSE:WLP) predicted earnings for this year to be close to the high end or minimally over its previous expectations.

The health-benefits provider had formerly reported that it predicts net income for the year around $7.30 to $7.40 a …

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UnitedHealth (NYSE:UNH) 2013 Profit Forecasts Misses Wall Street Estimates – UNH, AET, HUM, BSX, SRPT, CTIC, PFE, ARNA, JNJ

UnitedHealth Group Inc (NYSE:UNH), the biggest United States private health insurer, reported on Monday that it projected earnings in the range of $5.25 to $5.50 a share in 2013, lower than analysts’ forecasts.

The company reported that revenue should be …

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GlaxoSmithKline (NYSE:GSK) Plans to Buy Additional Stock in Indian Unit – GSK, MRK, NVS, SRPT, CTIC, SQNM, ESRX, STJ, GILD

GlaxoSmithKline PLC (NYSE:GSK)has shown interest in purchasing a further stake of almost 31.8% in its Indian division, GlaxoSmithKline Consumer Healthcare Ltd. , at 3,900 rupees ($70.3) a share, the UK-located firm stated in a report on Monday.

The proposal is …

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Pfizer (PFE) Investigated Over Odd Results by US Investigators – PFE, MRK, NVS, MDT, QCOR, ABT, CTIC, BSX, THC

The world’s largest drug manufacturer, Pfizer Inc. (NYSE:PFE) was questioned by US watchdogs that how it surprisingly reported huge profit overseas and shortfalls in US when almost 40 percent of its sales came from home market.

In a May 9 …

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Healthcare Sector Ends Slightly Higher; Cell Therapeutics (CTIC) Plans to Sell $60 Million in Preferred Stocks while UnitedHealth (UNH) Looking to Acquire Amil Participacoes – CTIC, UNH, JNJ, XNPT, DCTH, MDCO

Investors reacted positively to the healthcare stocks on last trading session of the week. Major movement was seen in XenoPort, Inc (NASDAQ:XNPT) and Delcath Systems, Inc (NASDAQ:DCTH) on gainers side while The Medicines Company (NASDAQ:MDCO) was prominent stock on the …

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