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Molina Healthcare Inc (MOH.N)

MOH.N on New York Stock Exchange

74.91USD
21 Nov 2017
Change (% chg)

$-0.13 (-0.17%)
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$75.04
Open
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Volume
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$80.65
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Latest Key Developments (Source: Significant Developments)

Molina Healthcare reports Q3 loss per share of $1.70
Thursday, 2 Nov 2017 04:15pm EDT 

Nov 2 (Reuters) - Molina Healthcare Inc ::Molina Healthcare announces third quarter results.Q3 loss per share $1.70.Q3 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Qtrly ‍total revenue $5,031 million versus $4,546 million​.Results for quarter include $3.16 per diluted share in impairment and restructuring costs​.  Full Article

Molina Healthcare selected to enter into a statewide medicaid managed care contract​
Tuesday, 15 Aug 2017 04:15pm EDT 

Aug 15 (Reuters) - Molina Healthcare Inc -:Molina Healthcare - Molina Healthcare of Illinois Inc has been selected to enter into a statewide medicaid managed care contract​.  Full Article

Molina Healthcare to cut 1,500 jobs ​
Wednesday, 2 Aug 2017 04:15pm EDT 

Aug 2 (Reuters) - Molina Healthcare Inc :Molina Healthcare announces second quarter results and restructuring plan.Molina Healthcare announces second quarter results and restructuring plan.Q2 loss per share $4.10.Molina Healthcare - ‍ restructuring plan now underway is expected to reduce annualized run-rate expenses by $300 million to $400 million upon completion in 2018.​.Q2 earnings per share view $0.84 -- Thomson Reuters I/B/E/S.Molina Healthcare Inc - annualized salary eliminations of $55 million achieved so far in q3 of 2017..Molina Healthcare Inc - ‍$200 million total reduction to annualized run-rate expenses resulting from staff reductions expected to be achieved by end of 2017​.Molina Healthcare Inc - 2018 marketplace participation to be terminated in Utah and Wisconsin; additional states in review..Molina Healthcare Inc - 2017 earnings per share guidance withdrawn..Molina Healthcare Inc - recorded $72 million in non-cash impairment losses for goodwill and intangibles, primarily relating to pathways subsidiary in quarter.Molina Healthcare Inc - ‍ certain significant items increased loss before income tax benefit in Q2 of 2017 by approximately $330 million​.Molina Healthcare Inc - determined that future benefits to be derived from pathways will be less than previously anticipated.Molina Healthcare Inc - ‍ recorded $43 million in restructuring and separation costs in Q2 of 2017​.  Full Article

Molina Healthcare announces pricing of offering of $330 mln of senior notes due 2025
Monday, 22 May 2017 06:20pm EDT 

May 22 (Reuters) - Molina Healthcare Inc :Molina Healthcare announces pricing of offering of $330 million of senior notes due 2025.Notes will mature on June 15, 2025.Notes will bear interest at a rate of 4.875 pct per year.  Full Article

Molina Healthcare announces proposed offering of $330 million of senior notes due 2025
Monday, 22 May 2017 08:37am EDT 

May 22 (Reuters) - Molina Healthcare Inc : :Molina Healthcare announces proposed offering of $330 million of senior notes due 2025.Molina Healthcare-net proceeds to be deposited into newly-formed segregated deposit account,to be invested,may be reinvested in cash, cash equivalents.Molina Healthcare- funds deposited into segregated deposit account to initially be classified as non-current assets on co's consolidated balance sheet.  Full Article

Molina says 2017 Obamacare marketplace business is doing better
Tuesday, 2 May 2017 05:00pm EDT 

May 2 (Reuters) - Molina Healthcare Inc :Molina expects to decide on 2018 marketplace pricing and product offerings in the coming weeks.Molina says 2017 Obamacare marketplace business is doing better than it was in 2016.Molina says all things considered, removing CEO, CFO was necessary and right thing to do for all constituencies of company.  Full Article

Molina Healthcare Q1 adjusted earnings per share $1.47
Tuesday, 2 May 2017 04:15pm EDT 

May 2 (Reuters) - Molina Healthcare Inc ::Molina Healthcare reports first quarter 2017 results.Q1 adjusted earnings per share $1.47.Q1 earnings per share $1.37.Q1 earnings per share view $0.58 -- Thomson Reuters I/B/E/S.Molina Healthcare - FY 2017 earnings per diluted share and adjusted earnings per diluted share guidance revised to reflect acquisition termination fee.Molina Healthcare Inc - confirming its 2017 outlook for earnings per diluted share and adjusted earnings per diluted share, to $2.53 and $2.90.Molina Healthcare Inc - revising 2017 outlook for impact of $75 million acquisition termination fee received in q1 of 2017.Fy2017 earnings per share view $2.06 -- Thomson Reuters I/B/E/S.Molina Healthcare Inc - qtrly total revenue $4,904 million versus $4,343 million.Q1 earnings per share view $0.58, revenue view $4.78 billion -- Thomson Reuters I/B/E/S.  Full Article

Molina CEO Mario Molina's FY 2016 total compensation $10.05 mln vs $10.3 mln
Monday, 13 Mar 2017 04:47pm EDT 

Molina Healthcare Inc :Ceo mario molina's fy 2016 total compensation $10.05 million versus $10.3 million in fy 2015 - sec filing.  Full Article

Molina Healthcare sees FY 2017 total revenue $19.5 billion
Thursday, 16 Feb 2017 04:31pm EST 

Molina Healthcare Inc : Sees FY 2017 total revenue $19.5 billion .FY2017 revenue view $18.91 billion -- Thomson Reuters I/B/E/S.  Full Article

Molina Healthcare announces commencement of offer to exchange privately placed notes due
Wednesday, 17 Aug 2016 04:46pm EDT 

Molina Healthcare Inc : Molina healthcare announces commencement of offer to exchange its privately placed 5.375% senior notes due 2022 for registered 5.375% senior notes due 2022 .Has commenced an offer to exchange up to $700 million aggregate principal amount of its 5.375% senior notes due 2022.  Full Article

Molina posts strong revenue growth, hits cost-cut target

U.S. health insurer Molina Healthcare Inc reported a bigger-than-expected quarterly revenue and said it has already hit its cost-cutting target for the year, amid a restructuring drive aimed at helping it better navigate an uncertain market.