News: Maximus, Inc. (MMS.N)

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Thu, Jul 2 2009

Cost cutting in U.S. to drive BPO healthcare business

BANGALORE (Reuters) - Outsourcing of healthcare services is expected to gain momentum as the prolonged slowdown forces U.S.-based government agencies and healthcare firms to cut spiraling costs and deal with a shortage in qualified personnel.

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UPDATE 1-Cogent Systems forecasts Q1 outlook above Street

May 12 (Reuters) - Cogent Systems forecast a first-quarter outlook above market estimates, citing an increase in demand by its core customers and good contribution from its smaller customers across all business areas, and raised its 2008 view, sending its shares up 11 percent.

Cash crunch boosts government service firms

NEW YORK (Reuters) - The weakening U.S. economy has unleashed layoffs, reduced profits and sucked value from the stock market, but some companies, such as those that run prisons and consult for government, can benefit from harsh economic times.

US RESEARCH NEWS-Stifel raises Amazon.com to buy from sell

Following are the research actions reported by Reuters on Thursday as of 0800 ET. --------------------------------------------------------------- ------------ STOCK RESEARCH BY ACTION Amazon.com Stifel Raises to buy from sell [nWNA4805] --------------------------------------------------------------- ------------ MartinRea BMO Cuts price target to C$18 from C$22; International

Maximus Inc Q4 results

MAXIMUS INC : * Maximus reports fourth quarter and full year results; completes strategic review process and launches $150 million accelerated share repurchase program * Forecasts fiscal year 2008 earnings per share $2.40 to $2.65 * Fourth quarter earnings per share $0.63 * Forecasts first quarter earnings per share $0.45 to $0.50 * Fourth quarter revenue rose 17.5 percent to $201.9 million * Forecasts fiscal year 2008 revenue about $850 million to $880 million * Reuters Esti

UPDATE 1-TABLE-Maximus Q3 net loss narrows

MAXIMUS INC. (in $) Latest Yr ago qtr Loss/shr (diluted) 0.65 0.81 EPS, before items (dil)# 0.65 -- Net loss (million) 14.4 17.3 Revenue (million) 196.6 186.6

TABLE-Maximus Q3 results

MAXIMUS INC. (in $) Latest Yr ago qtr Loss/shr (diluted) 0.65 0.81 EPS, before items (dil)# 0.65 -- Net loss (million) 14.4 17.3 Revenue (million) 196.6 186.6

UPDATE 1-Maximus to explore strategic alternatives; sees Q3 loss

July 23 (Reuters) - Government services provider Maximus Inc. said it would explore strategic alternatives, including a possible sale of the company.

Maximus sees Q3 loss on Medicaid settlement

July 23 (Reuters) - Government services provider Maximus Inc. said it expects to post a loss in the third quarter due to a charge related to the settlement of an investigation into its Medicaid-claiming work.

Maximus to explore strategic alternatives including sale

July 23 (Reuters) - Government services provider Maximus Inc. said it was exploring strategic alternatives including a possible sale of the company.

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