Key Developments: WellPoint Inc (WLP)
77.81USD
17 May 2013
$0.97 (+1.26%)
$76.84
$76.82
$77.89
$76.82
1,483,576
1,995,823
$78.10
$52.51
Latest Key Developments (Source: Significant Developments)
WellPoint Inc Declares Second Quarter 2013 Dividend
WellPoint Inc announced that Board of Directors declared a quarterly dividend to shareholders for the second quarter of 2013 of $0.375 per share. The dividend is payable on June 25, 2013, to shareholders of record at the close of business on June 10, 2013. Full Article
WellPoint Inc Updates FY 2013 Guidance
WellPoint Inc announced that for fiscal 2013, it expects net income is now expected to be at least $7.75 per share, including net investment losses of $0.05 per share from the first quarter of 2013. Excluding the net investment losses, adjusted net income is now expected to be at least $7.80 per share. Operating revenue is now expected to be in the range of $71.0 to $73.0 billion. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $7.78 on revenue of $71.9 billion for fiscal 2013. Full Article
WellPoint Inc Increases Dividend By 30%
WellPoint Inc announced Board of Directors authorized an increase of approximately 30% in the Company's shareholder dividend and declared a $0.375 per share dividend for the first quarter of 2013. The first quarter dividend is payable on March 25, 2013, to shareholders of record at the close of business on March 8, 2013. Full Article
WellPoint Inc Names Swedish Chief Executive Officer
WellPoint Inc announced that its board of directors has elected Joseph Swedish as the Company's new Chief Executive Officer, effective March 25, 2013. Full Article
WellPoint Inc Issues FY 2013 Guidance In Line With Analysts' Estimates
WellPoint Inc announced that for fiscal 2013, it expects net income to be at least $7.60 per share (EPS), including integration costs related to the Amerigroup acquisition. Operating revenue to be in the range of $71.5 to $73.0 billion. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $7.98 on revenue of $72.4 billion for fiscal 2013. Full Article
WellPoint Inc Comments On FY 2013 Earnings Guidance; Raises FY 2012 EPS Guidance-Reuters
Reuters reported that Wellpoint Inc expects fiscal 2013 adjusted profit would be relatively stable as compared with fiscal 2012 earnings, which the Company said it may top its previous expectations. For fiscal 2012, it expects to report earnings, excluding one-time items, near the high end or slightly above its prior guidance of $7.30 to $7.40 per share. It said that due primarily to a tax gain, fiscal 2012 net earnings would surpass the $7.37 to $7.47 per share it previously forecast. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $7.46 for fiscal 2012. Full Article
WellPoint Inc Comments On FY 2013 Earnings Guidance; Raises FY 2012 EPS Guidance-Reuters
Reuters reported that Wellpoint Inc expects fiscal 2013 adjusted profit would be relatively stable as compared with fiscal 2012 earnings, which the Company said it may top its previous expectations. For fiscal 2012, it expects to report earnings, excluding one-time items, near the high end or slightly above its prior guidance of $7.30 to $7.40 per share. It said that due primarily to a tax gain, fiscal 2012 net earnings would surpass the $7.37 to $7.47 per share it previously forecast. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $7.46 for fiscal 2012. Full Article
WellPoint Inc Completes Acquisition of AMERIGROUP Corp
WellPoint Inc announced the completion of its acquisition of AMERIGROUP Corp, one of the managed care companies that is focused on meeting the health care needs of financially vulnerable Americans. Amerigroup will operate as a wholly owned subsidiary within WellPoint and will remain dedicated to effectively managing state sponsored programs and further expanding this business. Amerigroup`s management team will lead the combined Medicaid businesses. Full Article
WellPoint Inc Reaffirms FY 2012 EPS Guidance-Conference Call
WellPoint Inc reconfirmed its fiscal 2012 guidance of adjusted EPS in the range of $7.30 to $7.40 a share. Full Article
U.S. Allows WellPoint Inc And Amerigroup Corp Deal After Unit Sale-Reuters
Reuters reported that WellPoint Inc can move forward with its $4.5 billion purchase of health insurance rival Amerigroup Corp after Amerigroup Corp alleviated antitrust concerns by selling operations in Virginia. Without the sale, the combined company would have had a monopoly in the northern Virginia suburbs outside Washington. Full Article
WellPoint profit beats, executives plan for health reform
- WellPoint Inc's quarterly profit came in far above Wall Street expectations, helped by expansion of individual health insurance plans and Medicaid membership, as well as lower medical costs from plans sold to small businesses.
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