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Wednesday, April 7, 2010 as of 11:14 AM ET

Coventry Health Care

Coventry Health Care, Inc. (Coventry) () is a diversified national insurer in the United States.

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Humana 1Q Misses on Costs, Lifts FY View

Humana (NYSE:HUM) revealed a 21% drop in first-quarter profit on Monday that fell short of Wall Street's expectations, however the health insurer raised its fiscal 2012 earnings guidance.

The results follow similarly weaker-than-expected results from rivals Aetna (NYSE:AET) and Coventry Health Care (NYSE:CVH). WellPoint (NYSE:WLP) and UnitedHealth (NYSE:UNH) both topped the Street.Hurt by higher benefit costs, the Louisville, Ky. health insurer reported net income of $248 million, or $1.49 a share, compared with a year-earlier $315 million, or $1.85 a share.While the company attributed a large chunk of its year-earlier gains to claim reserves, as fewer people visited the doctor than had been expected, it only saw a moderate bump from recognizing those gains in the latest quarter.  The results were short of average analyst estimates of $1.49 a share in a Thomson Reuters poll, but Humana said they topped the company's own expectations in the range of $1.35 to $1.45.The company lifted its ...

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  1. Customer Satisfaction Study Reveals Best Insurance Companies

    When you send in your next insurance payment, are you going to buy any “satisfaction”Insure.com's new in-depth analysis provides the most complete view available of ...

  2. Coventry Health full-year outlook lags Street

    Coventry Health Care Inc <CVH.N>, a health insurer, posted a lower quarterly profit that just beat analysts' estimates, but raised its full-year outlook for a third ...

  3. Cigna to Buy HealthSpring for $3.8 Billion

    Leerink Swann Equity Strategist Director John Sullivan explains why investors are excited by the Cigna, HealthSpring deal.

  4. Coventry Health Reports Rise in Membership, Earnings

    Managed-care company Coventry Health Care (CVH) posted a 24% jump in fourth-quarter earnings, thanks to a rise in overall membership. Total membership was up by 14% ...

  1. Western Digital, Republic Services Among Stocks Down on Above-average Volume Friday

    These stocks are down on high volume today:Western Digital (NYSE:WDC) is trading down on above-average volume today, seeing a price drop on a volume of 10.6 million,...

  2. Coventry Shares Top S&P 500 Decliners, Sliding 12%

    Shares of Coventry Health Care led S&P 500 decliners early Friday, tumbling 12% to $28.89. Coventry raised its 2012 revenue view and backed its profit forecast. Howe...

  3. Coventry Posts Higher Profit As Sales Rise

    Coventry Health Care Inc. on Friday reported a higher net profit for the first quarter, as sales rose, as the company said six of seven core businesses performed at ...

  4. Health Insurers Rise On Hopes For Favorable Court Ruling

    Shares of health insurers surged Thursday after the U.S. Supreme Court's hearings on the federal health-care overhaul law raised hopes for a ruling that helps the in...

  5. UnitedHealth Group, Illumina Among Stocks Up on High Volume Thursday

    These are stocks that are up on high volume today:UnitedHealth Group ( UNH ) is experiencing a price increase on above-average volume today. 10.1 million shares have...

  6. Insurer Coventry Health Care Extends Pact With Medco By 3 Years

    Health insurer Coventry Health Care Inc. (CVH) has extended its contracts with pharmacy-benefit manager Medco Health Solutions Inc. (MHS) by three years while renego...

  7. HHS Cites Medicare Advantage Enrollment Growth

    Enrollment in Medicare Advantage plans has grown about 10% over the last year, according to new government data released Wednesday, highlighting why health insurers ...

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