Wednesday, April 7, 2010 as of 11:14 AM ET
Universal American () is a Fortune 500 company with offices throughout the United States, and headquarters in Rye Brook, New York.
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CVS Caremark (NYSE:CVS) lifted its fiscal 2012 forecast and reported an 8% increase in first-quarter profit on Wednesday as it continued to nab former Walgreens (NYSE:WAG) prescription patients and build its Medicare customer base.
The Woonsocket, R.I.-based company raised its full-year guidance to a range of $3.23 to $3.33 a share, excluding items, bracketing the $3.27 forecasted by analysts on average in a Thomson Reuters poll.For the current quarter, it sees non-GAAP earnings between 78 cents and 80 cents, above the Street's estimate of 73 cents.The drugstore chain and pharmacy benefits manager has benefited from a year-ago purchase of the Medicare prescription drug plan of Universal America (NYSE:UAM) as well as a new gap in the prescriptions market after Walgreen's, the No. 1 U.S. drugstore, stopped filing prescriptions for patients of Express Scripts at the end of last year. CVS chief executive, Larry Merlo, was optimistic that the company will only continue to benefit from the e...CVS Caremark (NYSE:CVS) reported a stronger second-quarter profit that ticked just ahead of Wall Street estimates on improved pharmacy sales, leading the company to ...
CVS Caremark Corp.'s (CVS) first-quarter earnings fell 7.5% as the second-largest pharmacy chain in the U.S. reported weaker margins and higher operating expenses, t...
MedcoHealth Solutions (NYSE:MHS) said Monday that its prescription benefits management agreement with Universal American (NYSE:UAM) will be terminated at the end of ...
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On a trading day that saw the S&P 500 gain 0.6%, the Financial sector (XLF) showed little change.Universal American Corporation (NYSE:UAM) was a major gainer in the ...
CVS Caremark (NYSE:CVS) revealed a higher fourth-quarter profit on much stronger pharmacy sales, as medical claims surged and the company acquired more customers thr...
Enrollment in Medicare Advantage plans has grown about 10% over the last year, according to new government data released Wednesday, highlighting why health insurers ...
DOW JONES NEWSWIRESMedicare Advantage enrollments have risen a bigger-than-expected 10% since this time last year as average premiums have fallen 7%, the Department ...
Universal American Corp. said Wednesday it'll pay $228 million to buy APS Healthcare Inc., a specialty healthcare solutions company owned by funds managed by private...
CVS Caremark (NYSE:CVS) reported on Thursday a stronger third-quarter profit that surpassed Wall Street expectations, as pharmacy service revenues climbed on new bus...
Leerink Swann Equity Strategist Director John Sullivan explains why investors are excited by the Cigna, HealthSpring deal.
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