Related Blog Posts from the Wikinvest Wire

Health Net (HNT)   Subscribe to Health Net (HNT) content from the Wikinvest Wire
 » Back to Health Net (NYSE:HNT) Stock Page

  

1/1/13(HNT) Health Net Terminates Contract with Tenet (Stock Blog Hub)

Yesterday, Health Net Inc. (HNT) announced that its subsidiaries have terminated their 3-year contract with 6 hospitals of Tenet Healthcare Corp. (THC) in Southern California. The contract termination resulted due to the inability of the companies to reach an agreement regarding the terms for extension. Health Net was in favor of changing the reimbursement rates [...]

8/21/12(HNT) Health Net Raised to Neutral (Stock Blog Hub)

We are upgrading our recommendation on Health Net Inc. (HNT) to Neutral from Underperform based on its strong financial position and high liquidity. Additionally, the policy of disposing non-profitable businesses, which has enabled the company to concentrate on its core western markets, is a long-term positive. Health Net, which competes with WellPoint Inc. (WLP) and UnitedHealth [...]

8/6/12(HNT) Health Net Lags – Lowers Guidance (Stock Blog Hub)

Health Net Inc.’s (HNT) second-quarter 2012 operating income, which includes combined net earnings from Western Region and Government Contracts segments, came in at $15.9 million or 19 cents per share, declining substantially from the year-ago level of $71.0 million or 77 cents per share. Operating income was also lower than the Zacks Consensus Estimate of [...]

5/5/11(HNT) Health Net First Quarter Report Beats Top Line (Stock Blog Hub)

Health Net Inc. (HNT) reported first-quarter loss of $108.2 million or a loss per share of $1.16 compared to a net income of $16.1 million or 16 cents in the prior-year quarter. The reported quarter included a $177.2 million pretax or $157.9 million after tax, charge related to the AmCareco litigation and $11.0 million in pretax [...]

11/17/10(HNT) Health Net Beats Quarterly Earnings Expectations – Raises Outlook (Stock Blog Hub)

Health Net Inc. (HNT) reported third-quarter earnings per share (EPS) of 64 cents compared to a loss of 66 cents in the prior-year quarter. The reported quarter included $8.6 million in expenses primarily related to severance costs. Excluding these items, the company’s operating EPS came in at 72 cents, modestly surpassing the Zacks Consensus Estimate [...]

11/4/10Health Net Reports Third Quarter 2010 GAAP Net Income of $62.7 Million, or $0.64 Per Diluted Share (Benzinga)

Health Net, Inc. (NYSE: HNT) today announced 2010 third quarter GAAP net income of $62.7 million, or $0.64 per diluted share, compared with a GAAP net loss of $66.0 million, or $0.64 per diluted share, for the third quarter of 2009. The third quarter 2010 GAAP results include $8.6 million in expenses primarily related to severance costs. The company's Western Region Operations and Government Contracts segments produced combined net earnings of $0.74 per diluted share in the third...

10/22/10Health Net Federal Services Awarded Department of Veterans Affairs Contract (Benzinga)

Health Net Federal Services, LLC, part of the Government Contracts segment of Health Net, Inc. (NYSE: HNT), today announced it was awarded a contract by the Department of Veterans Affairs to provide Chief Business Office Outpatient Recovery Audit Services of VA payments made for the Outpatient Non-VA Fee Care Program, the Civilian Health and Medical Program , and the Spinal Bifida and Children of Women Vietnam Veterans programs. The new contract is effective September 1, 2010, and has a...

10/12/10Goldman Sachs Remains Bullish On Managed Care Sector (Benzinga)

Goldman Sachs remains bullish in its managed care sector view with CIGNA (NYSE: CI), CL-Buy, UnitedHealth (NYSE: UNH), Buy, and Health Net (NYSE: HNT), Buy, as its favorite names. Conference call takeaways reinforce Goldman's view of accelerating consolidation as economies of scale become increasingly important, with an increasing advantage for the largest carriers, and more exits of smaller and “fringe” carriers. Looking ahead to 2014, the call highlighted the potential for a...

10/6/10Health Net Federal Services Re-Awarded Services Contracts (Benzinga)

Health Net Federal Services, LLC, part of the Government Contracts segment of Health Net, Inc. (NYSE: HNT) today announced it was re-awarded three Patient Appointing Services bridge contracts, continuing its Patient Appointing Services work in Fort Irwin and Puget Sound through March 31, 2011, and in Great Lakes through January 31, 2011, by the United States Army's Center for Health Care Contracting, Fort Sam Houston, Texas. Each contract includes an option to extend services for an...

8/6/10(HNT) Health Net Second Quarter 2010 Earnings Pass Estimates (Stock Blog Hub)

Health Net Inc. (HNT) reported second quarter earnings per share (EPS) of 45 cents compared to earnings of 38 cents in the first quarter of 2009. The reported quarter included $24.9 million in charges arising from cost cuts and other expenses, partially offset by a net benefit of $3.2 million arising from various business operations. [...]

5/6/10(HNT) Health Net’s Quarterly Earnings Beats Target – Raises Guidance (Stock Blog Hub)

Health Net (HNT) reported first quarter fiscal 2010 earnings per share (EPS) of 16 cents compared to earnings of 21 cents in the first quarter of 2009. The reported quarter included $37.7 million in pretax losses related to the divestment of the Northeast business to UnitedHealth (UNH) in December 2009 and $14.5 million in pretax [...]

3/1/10(HNT) Health Net Incorporated – Bull of the Day (Stock Blog Hub)

Health Net's (HNT) fourth quarter earnings per share came in at $0.69, marginally above the Zacks Consensus Estimate of $0.67 and the year-ago earnings of $0.61. Following the sale of its Northeast segment to UnitedHealth, Health Net will be able to concentrate on its core Western markets. We are also encouraged by its recent partnership program [...]

2/4/10(HNT) Health Net Beats Expectations Marginally (Stock Blog Hub)

Health Net (HNT) reported fourth quarter earnings per share (EPS) of 69 cents, surpassing the Zacks Consensus Estimate of 67 cents and the year-ago quarter’s 61 cents. For the full year 2009, EPS came in at $2.25 compared to $1.85 of 2008. This is excluding $137.3 million in charges associated with the sale of its Northeast [...]

12/15/09(UNH) UnitedHealth Completes Acquisition of Health Net Operations (Stock Blog Hub)

On Friday, UnitedHealthcare, a subsidiary of UnitedHealth Group (UNH), announced that it has completed the previously announced acquisition of northeast U.S. operations of Health Net Inc. (HNT) HMO (health maintenance organization) entities in Connecticut, New York and New Jersey and membership renewal rights for the Health Net Life health care business in the Northeast. The [...]

12/14/09(UNH) UnitedHealth Completes Acquisition of Health Net (Stock Blog Hub)

On Friday, UnitedHealthcare, a subsidiary of UnitedHealth Group (UNH), announced that it has completed the previously announced acquisition of northeast U.S. operations of Health Net Inc. (HNT) HMO (health maintenance organization) entities in Connecticut, New York and New Jersey and membership renewal rights for the Health Net Life health care business in the Northeast. The [...]

12/11/09(HNT) Health Net Issues Strong Outlook for 2010 (Stock Blog Hub)

Health Net (HNT) provided a strong outlook for 2010. The company expects earnings per share in the range of $2.30 to $2.40, higher than ours as well as the Street’s expectations. The guidance is based on the expectation that the pending sale of its Northeast businesses will close before year-end 2009. Following the better than [...]

11/9/09($HNT) Health Net Beats Earnings Estimates (Stock Blog Hub)

Health Net’s (HNT) third-quarter earnings per share came in at 67 cents, well above the Zacks Consensus Estimate of 61 cents and the year-ago earnings of 35 cents. The company reported revenues of $4 billion, an increase of 3.9% compared to the corresponding quarter of last year. The company receives revenues in the form of [...]

1/28/09Option Watch (Attitrade-Proactive Trading)

Look at the option chains for the stocks listed below as their option activity has seen some tremendous increase today. Typically you can see what others are thinking by looking at the option volume and perhaps see some institutional action as well. As an example, Health Net ($HNT) saw some significant call action today; especially [...]

11/4/08Obama victory? Watch Trina Solar (TSL) and Health Net (HNT) (Contrarian Profits)

We have finally made it to the big day. With any bit of luck, we will finally know who the next president of the United States will be. And just as importantly, we will know just how many Democratic seats will be added in Congress. It is going to be a monumental day in the [...]

11/11/07Greedy Enough to Make You Sick (Financial Armageddon)

Unlike many bloggers, I don't spend a lot of time ranting. I'd much rather share information about what is really going on and where I see things headed so that people can take whatever steps they deem necessary to remain...

11/17/03Investors Accuse Woodland Hills, Calif.-Based Health Net of Hiding Finances (Hedge Fund Blogs From HedgeCo.Net)

Nov. 18--An investor group has sued Health Net Inc. for more than $200 million in damages, alleging the Woodland Hills-based managed care company concealed financial information about its formersubsidiary. The lawsuit, announced Monday, claims that Health Net did not reveal financially relevant information before the company sold its ill-fated subsidiary Business Insurance Group to [...]


Your blog posts can appear here by joining the Wikinvest Wire
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki