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Anthem latest news:
UPDATE 4-Health insurer Anthem takes pharmacy business in house, taps CVS to help
Oct 18 (Reuters) - Health insurer Anthem Inc will
start managing its billions of dollars of patient prescriptions
itself in 2020, it said on Wednesday, ending a deal with Express
Scripts Holding Co that had deteriorated into lawsuits
Anthem will turn to CVS after troubled Express Scripts deal
Anthem has found a new partner to help run prescription drug coverage after the Blue Cross-Blue Shield insurer's rocky relationship with Express Scripts ends
UPDATE 4-NFL owners to mull anthem rules as Trump ups protest criticism
WASHINGTON, Oct 10 (Reuters) - NFL team owners will consider requiring players to stand for the U.S. national anthem after President Donald Trump on Tuesday stepped up his criticism of silent player protests against racial injustice by targeting the league on taxes.
UPDATE 2-Trump plays tax card in fight over NFL anthem protests
WASHINGTON, Oct 10 (Reuters) - U.S. President Donald Trump said on Tuesday the National Football League should not be given tax breaks, stepping up his criticism of the world's top-grossing sports league over silent player protests during the national anthem.
Anheuser-Busch adds feedback line, stands by NFL sponsorship
One of the NFL's largest advertisers is taking feedback from consumers about recent national anthem protests, but stands by its sponsorship of the league.
UPDATE 1-Anthem will not sell individual Obamacare plans in Maine next year
Sept 27 (Reuters) - U.S. health insurer Anthem Inc
said on Wednesday it will not offer individual Obamacare plans
in Maine in 2018, citing uncertainty over government operations,
including whether it will provide subsidies to reduce costs
under the Affordable Care Act.
Health care sector falls as likelihood of ACA repeal rises; UnitedHealth's stock leads Dow losers
The health care sector traded broadly lower Tuesday, amid concerns over the potential effects of the Graham-Cassidy bill, which some analysts say is becoming increasingly likely to repeal and replace the Affordable Care Act. The SPDR Health Care Select Sector ETF shed 0.9% in afternoon trade, with 56 of its 62 components trading lower. Among the XLV's most heavily-weighted components, UnitedHealth Group's stock dropped 1.8% to pace the Dow Jones Industrial Average's decliners. The price decline of $3.61 was shaving 25 points off the Dow, which was up 44 points. Analyst Ana Gupte at Leerink Research said the bill could lead to "greater earnings downside in the near term than previous House and Senate bills for ACA-levered stocks." Among companies that Gupte said are at particular risk, shares of Centene Corp. slumped 4.6% and Molina Healthcare Inc. gave up 6.1%. Elsewhere, shares of Aetna Inc. fell 3.4%, Humana Inc. slid 3.2%, Cigna Corp. declined 1.9% and Anthem Inc. was down 2.0%. Gupte said diversified managed care organizations (MCOs) like Humana and Cigna are more defensive, though exposure should be manageable for UnitedHealth, Aetna and Anthem. The XLV has gained 4.3% over the past three months, while the S&P 500 has tacked on 2.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Anthem scales back ObamaCare coverage in Kentucky
U.S. health insurer Anthem Inc said on Wednesday that it will offer Obamacare plans in only about half of the counties in Kentucky next year, after covering the whole state in 2017.
Anthem cuts back Obamacare coverage in Kentucky
NEW YORK, Sept 6 (Reuters) - U.S. health insurer Anthem Inc
said on Wednesday that it will offer Obamacare plans in
only about half of the counties in Kentucky next year, after
covering the whole state in 2017.
Anthem to exit Obamacare market in Virginia next year
(Reuters) - U.S. health insurer Anthem Inc said on Friday it will exit Obamacare markets in Virginia and reduce its plan offerings in Washington and Scott counties and the city of Bristol next year.
Express Scripts wins dismissal of lawsuit over Anthem ties
NEW YORK (Reuters) - A federal judge has dismissed a lawsuit in which Express Scripts Holding Co shareholders accused the pharmacy benefits manager of inflating its share price by hiding its deteriorating relationship with its largest customer, Anthem Inc .
Anthem quarterly earnings above expectations, but revenue falls short
Anthem Inc. on Wednesday posted quarterly earnings that were ahead of Wall Street's target, but sales missed the consensus mark. The health insurance heavyweight said net income for the second quarter was $855.3 million, or $3.16 a share, compared with $780.6 million, or $2.91 a share, a year ago. Adjusted earnings of $3.37 were above a FactSet consensus estimate of $3.24 a share. Operating revenue was $22.2 billion, up from $21.27 billion a year ago. Analysts had looked for $22.28 billion in operating revenue for the most recent period. Anthem said it's raising its third-quarter dividend by 5 cents a share to 70 cents a share. It also now expects fiscal year 2017 adjusted earnings to be more than $11.70 a share. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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