Rochester,NY 7/7/2009 2:23:12 AM
Afternoon Movers - CVH - Price of health-care bill goes down, key senator says- Sourced WhisperFromWallStreet.com
Coventry Health Care Inc
Afternoon Movers - CVH - Price of health-care bill goes down, key senator says- Sourced WhisperFromWallStreet.com
http://whisperfromwallstreet.com is a FREE award winning newsletter that specializes in sending alerts to our subscribers on stocks we think are going to run, why we think so, as well as teaching you how to become a better trader. We scan hundreds of stocks a day to find those that meet our criteria and when we find one, we send you an alert. We have sent out 40 alerts so far in 2009 with an average price gain of over 80%. Please join risk free and see for yourself.
Sign up for our FREE alerts at WhisperfromWallStreet.com
---
Coventry Health Care Inc.CVH
After Hours: 17.98 Up 0.07 (0.39%) 3:20PM ET
Health-care stocks closed higher Thursday after Senate Finance Committee Chairman Max Baucus said U.S. senators found a way to slash the price tag of a sweeping health-care reform bill to below $1 trillion over 10 years.
Senate lawmakers have been trying to whittle the cost of the bill down after a Congressional Budget Office analysis showed that an early version of the bill would carry a cost of $1.6 trillion. That forced negotiators to go back to the drawing board and look for more savings, since the estimate was $600 billion higher than expected.
Senate Finance Committee members said they'd found $400 billion in savings earlier this week, largely by reducing the amount of subsidies for low-income people to buy insurance, Politico reported Thursday. It's unclear where the $200 billion in additional cuts would come from, the Web site said.
But there was still no date set for a bill-drafting session. Baucus had set one for June 23 but postponed it as negotiators went back to work on cutting costs.
About
Coventry Health Care, Inc. operates as a managed healthcare company in the United States. The company operates health plans, insurance companies, and network rental and workers? compensation services companies. Its Commercial Business division provides various products, including health maintenance organization (HMO), preferred provider organizations (PPO), and point of service products. This division also offers commercial management services products; and consumer-directed benefit options, including health reimbursement accounts and health savings accounts. The company?s Individual Consumer and Government division offers health benefits to members participating in the Medicare Advantage HMO, Medicare Advantage PPO, Medicare Advantage Private-Fee-For-Service, Medicare Prescription Drug, and Medicaid programs. This division also provides fully-insured managed care services, as well as other products and services, such as pharmacy benefit management, clinical management, and fiscal intermediary services. Its Specialty Business division offers various products, including access to provider network, pharmacy benefits management, field case management, telephonic case management,
Last Trade: 18.02
Day's Range: 17.76 - 18.21
52wk Range: 7.97 - 39.36
Volume: 1,068,232
---
Here are a few alerts our WhisperfromWallStreet.com subscribers enjoyed.
SPNG 1000%
AMNG 241%
RKBD 300%
UTRM 169%
TLLE 266%
Sign up to receive free stock alerts
---
Disclaimer: Full disclaimer at http://whisperfromwallstreet.com/disclaimer.php
WhisperfromWallStreet.com (WFWS) based upon information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by WFWS to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. WFWS is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.whisperfromwallstreet.com or mentioned herein. WFWS may have been compensated with shares or with cash from third party shareholders or the company on behalf of one or more of the companies mentioned in this opinion.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WFWS undertakes no obligation to update such statements.
This is not a solicitation to buy or sell any securities. WhisperfromWallStreet.com, nor any of its affiliates are not registered investment advisors or a broker dealers. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.
CONTACT: WhisperFromWallStreet.com
