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Humana Inc (HUM.N)

HUM.N on New York Stock Exchange

204.60USD
17 Feb 2017
Change (% chg)

$-4.14 (-1.98%)
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$208.74
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Volume
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Latest Key Developments (Source: Significant Developments)

Molina Healthcare to acquire certain medicare assets from Aetna and Humana
Tuesday, 2 Aug 2016 06:30am EDT 

Molina Healthcare Inc : Transactions expected to be immediately accretive to earnings following close . Expects to fund transactions with available cash, but has also received a debt commitment letter .Molina Healthcare to acquire certain medicare advantage assets from Aetna and Humana.  Full Article

Aetna and Humana agree to sell certain assets to Molina Healthcare
Tuesday, 2 Aug 2016 06:15am EDT 

Aetna Inc : Aetna Inc says deal valued at $117 million . Transactions contingent on successful closing of Aetna-Humana transaction . Deal for a total estimated $117 million in cash for both transactions . Companies remain committed to defending their pending transaction against a u.s. Department of justice lawsuit seeking to block it . Believe divestitures taken together would address Department Of Justice's perceived "competitive concerns" regarding medicare advantage . Aetna and Humana agree to sell certain medicare advantage assets to Molina Healthcare Inc .As a result of transactions, Molina is expected to gain approximately 290,000 medicare advantage members in 21 states.  Full Article

Moody's affirms Aetna's and Humana's ratings
Wednesday, 27 Jul 2016 04:31pm EDT 

Aetna [AET.N] Humana [HUM.N] : Moody's affirms aetna's ratings, humana's ratings remain on review following doj lawsuit . The outlook on aetna and its subsidiaries remains stable. .Ratings reflect that there remains reasonable probability that merger will ultimately be approved despite doj lawsuit.  Full Article

S&P says Aetna and Humana placed on creditwatch following U.S. DOJ announcement
Thursday, 21 Jul 2016 07:12pm EDT 

S&P on Aetna and Humana: Intend to resolve the creditwatch placements after we evaluate additional details surrounding the suit and assess potential courses of action . Aetna Inc., Humana Inc. and core subsidiaries ratings placed on creditwatch following U.S. department. Of justice announcement Source (http://bit.ly/29XoZD7) (Reporting by Parikshit Mishra) ((Parikshit.Mishra@thomsonreuters.com; +91 80 6749 6026;)).  Full Article

Humana awarded Department of Defense TRICARE East Region contract
Thursday, 21 Jul 2016 04:55pm EDT 

Humana Inc : Under terms of award, Humana's service area would cover approximately 6 million beneficiaries in a 30-state region . Informed by U.S. Department of Defense it has been awarded contract for Tricare East region .Tricare contract provides five, one-year options exercisable by department of defense.  Full Article

Aetna CEO Bertolini says "we are willing to take this all the way to the very end" - CNBC
Thursday, 21 Jul 2016 12:47pm EDT 

: Aetna Inc CEO Mark Bertolini - We think the remedies we propose were appropriate - CNBC . Aetna Inc CEO Mark Bertolini - "We are willing to take this all the way to the very end" - CNBC . Aetna CEO - If we can't come to negotiation on what markets to divest...willing to let judge decide whether medicare advantage ,medicare fee for service compete - CNBC Further company coverage: [AET.N HUM.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Humana increases FY 2016 earnings guidance
Thursday, 21 Jul 2016 11:57am EDT 

Humana Inc : Humana increases earnings guidance . Sees Q2 2016 adjusted earnings per share about $2.28 . Sees FY 2016 adjusted earnings per share at least $9.25 . says updated guidance for FY16 adjusted eps of at least $9.25 compares to its previous guidance for FY16 adjusted eps of at least $8.85 . Higher guidance due to better-than-expected performance YTD for individual medicare advantage and healthcare services businesses . "Individual business remains very challenging" . Experiencing better-than-expected performance across several of its businesses resulting in an increase in its FY16 earnings guidance for these businesses . sees Q2 gaap earnings per share $2.03 . Due to pending transaction with Aetna, company is not planning to host a conference call in conjunction with Q2 earnings release . Says expects 2017 premiums associated with ACA-compliant offerings in range of $750 million to $1 billion . Notified relevant departments of insurance of intent to discontinue certain on-exchange individual products across various geographies for 2017 . Guidance for FY16 adjusted to reflect lower projected tax rate, raising co's eps guidance by approximately $0.12 per diluted common share . Together with Aetna, company intends to "vigorously defend" Aetna transaction in response to DOJ lawsuit.  Full Article

U.S. files antitrust lawsuit vs Aetna, Humana
Thursday, 21 Jul 2016 10:19am EDT 

: U.S. files antitrust lawsuit to block Aetna Inc Humana Inc deal -- court records . Lawsuit filed in federal court in Washington, d.c.; complaint not immediately available online.  Full Article

Aetna and Humana to defend their pending transaction
Thursday, 21 Jul 2016 10:19am EDT 

: Aetna and Humana to defend their pending transaction .Plans to "vigorously defend" Aetna-Humana pending merger in response to U.S. DOJ lawsuit seeking to block transaction.  Full Article

Aetna ready to defend its deal if sued - CNBC
Wednesday, 20 Jul 2016 12:50pm EDT 

: Aetna Ready To Defend Its Deal If Sued, Has Divestitures In Place - CNBC, citing source Further company coverage: [AET.N HUM.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

More From Around the Web

BRIEF-Caravan Health enters into agreement with Humana in Kansas, Missouri, Arkansas And Oklahoma

* Caravan Health - enters into agreement with Humana in Kansas, Missouri, arkansas and oklahoma Source text for Eikon: