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Molina Healthcare Inc (MOH.N)

MOH.N on New York Stock Exchange

85.31USD
23 Apr 2018
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$0.01 (+0.01%)
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Latest Key Developments (Source: Significant Developments)

Molina Healthcare Awarded Texas Chip Contracts
Monday, 12 Mar 2018 07:00am EDT 

March 12 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE AWARDED TEXAS CHIP CONTRACTS.  Full Article

Molina Healthcare Announces Pricing Of Synthetic Exchange Transaction
Tuesday, 6 Mar 2018 07:45am EST 

March 6 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE ANNOUNCES PRICING OF SYNTHETIC EXCHANGE TRANSACTION.MOLINA HEALTHCARE - ‍PRICED A SYNTHETIC EXCHANGE TRANSACTION WITH LIMITED NUMBER OF HOLDERS OF 1.625% CONVERTIBLE SENIOR NOTES DUE 2044​.MOLINA HEALTHCARE - ‍ PRICED SYNTHETIC EXCHANGE TRANSACTION WITH LIMITED NUMBER OF HOLDERS OF ITS 1.625% CONVERTIBLE SENIOR NOTES DUE 2044​.MOLINA HEALTHCARE INC - ON A NET BASIS, CO WILL NOT RECEIVE PROCEEDS FROM TRANSACTIONS, WILL PAY CUSTOMARY FEES AND EXPENSES IN CONNECTION THEREWITH.MOLINA HEALTHCARE INC - TRANSACTIONS WILL NOT HAVE A MATERIAL IMPACT ON COMPANY'S CASH POSITION.MOLINA HEALTHCARE INC - ‍PURSUANT TO PRICING CO AGREED TO REPURCHASE FROM NOTEHOLDERS AGGREGATE OF $96.8 MILLION PRINCIPAL AMOUNT OF 1.625% NOTES​.  Full Article

Molina Healthcare Reports Q4 Loss Per Share $4.59
Monday, 12 Feb 2018 04:15pm EST 

Feb 12 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE ANNOUNCES FOURTH QUARTER AND YEAR-END 2017 RESULTS AND PROVIDES FISCAL YEAR 2018 PRELIMINARY GUIDANCE.Q4 LOSS PER SHARE $4.59.SEES FY 2018 EARNINGS PER SHARE $3.00 TO $3.50.Q4 ADJUSTED EARNINGS PER SHARE $3.73.‍Q4 RESULTS INCLUDE $356 MILLION OF IMPAIRMENT LOSSES, RESTRUCTURING AND SEPARATION COSTS, AND LOSS ON DEBT EXTINGUISHMENT​.‍2018 PRELIMINARY GUIDANCE OF $3.00 - $3.50 NET INCOME PER SHARE AND $3.23 - $3.73 ADJUSTED NET INCOME PER SHARE​.QTRLY ‍PREMIUM REVENUE $ 4,689 MILLION VERSUS $ 4,190​ MILLION.SEES ‍2018 PRELIMINARY PREMIUM REVENUE $17.5 BILLION​.SEES ‍2018 TOTAL REVENUE ABOUT $18.8 BILLION​.FY2018 EARNINGS PER SHARE VIEW $3.49, REVENUE VIEW $19.85 BILLION -- THOMSON REUTERS I/B/E/S.SEES 2018 ‍PRELIMINARY MEDICAL CARE COSTS ABOUT $15.6B​.  Full Article

Molina Healthcare Says Florida AHCA To Negotiate For Managed Care Contract
Tuesday, 6 Feb 2018 08:52am EST 

Feb 6 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE INC - FLORIDA AHCA NOTIFIED MOLINA HEALTHCARE OF FLORIDA, WAS SELECTED AS CANDIDATE TO NEGOTIATE FOR AWARD OF A MANAGED CARE CONTRACT.MOLINA HEALTHCARE SAYS START DATE FOR NEW CONTRACT FOR REGION 11, WHICH INCLUDES MIAMI-DADE & MONROE COUNTIES, IS SCHEDULED FOR JAN 1, 2019-SEC FILING.MOLINA HEALTHCARE - ‍INVITATION TO NEGOTIATE DOES NOT AFFECT FLORIDA PLAN'S CURRENT MEDICAID CONTRACT WITH AHCA, WHICH RUNS THROUGH DEC 31, 2018​.MOLINA HEALTHCARE INC - CONTRACT AWARDS UNDER ITN ARE EXPECTED TO BE ISSUED BY AHCA IN APRIL 2018.  Full Article

Molina Healthcare Says New Mexico Human Services Department Notified Co's New Mexico Health Plan That It Was Not Selected For Tentative Award Of Contract
Wednesday, 10 Jan 2018 09:28am EST 

Jan 10 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE - NEW MEXICO HUMAN SERVICES DEPARTMENT NOTIFIED CO'S NEW MEXICO HEALTH PLAN THAT IT WAS NOT SELECTED FOR TENTATIVE AWARD OF CONTRACT.MOLINA HEALTHCARE - TENTATIVE AWARD DOES NOT AFFECT NEW MEXICO PLAN'S CURRENT CONTRACT WITH NEW MEXICO HSD, WHICH RUNS TO DEC 31, 2018.MOLINA HEALTHCARE- MEDICAID PREMIUM REVENUE OF NEW MEXICO PLAN, UNDER CENTENNIAL CARE CONTRACT, AMOUNTED $893MLN FOR 9 MONTHS ENDED SEPT 30, 2017.MOLINA HEALTHCARE SAYS FOR FISCAL YEAR 2017, CO EXPECTS THAT NEW MEXICO HEALTH PLAN WILL NOT BE PROFITABLE.  Full Article

Molina Healthcare - On Dec 4 Co Entered Commitment Letter With Suntrust Bank And SunTrust Robinson Humphrey
Thursday, 7 Dec 2017 09:35am EST 

Dec 7 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE - ON DEC 4 CO ENTERED COMMITMENT LETTER WITH SUNTRUST BANK AND SUNTRUST ROBINSON HUMPHREY - SEC FILING.MOLINA HEALTHCARE INC - AS PER COMMITMENT, PARTIES TO PROVIDE 364-DAY BRIDGE FACILITY OR 8-YEAR BRIDGE FACILITY BOTH FOR UPTO $550 MILLION.  Full Article

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

BRIEF-Molina Healthcare Awarded Texas Chip Contracts

* MOLINA HEALTHCARE AWARDED TEXAS CHIP CONTRACTS Source text for Eikon: Further company coverage: