Breaking News Instant updates and real-time market news.

MGLN

Magellan Health

$74.40

-1 (-1.33%)

16:50
12/22/16
12/22
16:50
12/22/16
16:50

Magellan Health unit selected by County of Cambria, Pennsylvania

On December 22 the County of Cambria, Pennsylvania, announced that it has selected Magellan Behavioral Health of Pennsylvania a subsidiary of Magellan Health, to be the MCO of the HealthChoices Behavioral Health program for Cambria County. The contract will be for a two-year period beginning on July 1, 2017, with the potential for an additional one-year renewal period. The contract is expected to generate annual revenue in the range of approximately $35 million to $40 million. This represents the sixth county in the Commonwealth of Pennsylvania for which the Company is the behavioral health MCO. The Company's combined annualized revenues for these six counties is projected to be approximately $500 million. The Company and Cambria are in the process of finalizing and executing the contract, and there can be no assurance that final agreement will be reached.

MGLN Magellan Health
$74.40

-1 (-1.33%)

01/06/16
01/06/16
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Capital Mortgage (MTGE) downgraded to Neutral at Credit Suisse... AmerisourceBergen (ABC) downgraded to Market Perform from Outperform at Raymond James... Apple (AAPL) downgraded to Neutral from Buy at Rosenblatt... Becton Dickinson (BDX) downgraded to Hold from Buy at Evercore ISI... CBL & Associates (CBL) downgraded to Neutral from Buy at Goldman... Cardinal Health (CAH) downgraded to Market Perform from Outperform at Raymond James... Check Point (CHKP) downgraded to Underweight from Equal Weight at Barclays... Choice Hotels (CHH) downgraded to Underweight from Neutral at JPMorgan... Community Health (CYH) downgraded to Underperform at Raymond James... Cornerstone OnDemand (CSOD) downgraded to Underweight from Overweight at Barclays... Demandware (DWRE) downgraded to Equal Weight from Overweight at Barclays... Fortune Brands (FBHS) downgraded to Neutral from Outperform at Macquarie... HCA Holdings (HCA) downgraded to Market Perform from Outperform at Leerink... HCP (HCP) downgraded to Underweight from Equal Weight at Barclays... HSBC (HSBC) downgraded to Underweight from Neutral at JPMorgan... Hyatt (H) downgraded to Neutral from Overweight at JPMorgan... Karyopharm (KPTI) downgraded to Hold from Buy at Jefferies... Magellan Health (MGLN) downgraded to Underweight from Equal Weight at Barclays... Masimo (MASI) downgraded to Outperform from Strong Buy at Raymond James... McKesson (MCK) downgraded to Outperform from Strong Buy at Raymond James... PNC Financial (PNC) downgraded to Neutral from Buy at Nomura... Publicis (PUBGY) downgraded to Underperform from Neutral at Exane BNP Paribas... Qlik Technologies (QLIK) downgraded to Sector Weight from Overweight at Pacific Crest... Ring Energy (REI) downgraded to Market Perform from Outperform at FBR Capital... Rite Aid (RAD) downgraded to Hold from Buy at Evercore ISI... Rush Enterprises (RUSHA) downgraded to Neutral from Buy at Longbow... Smith & Wesson (SWHC) downgraded to Neutral from Outperform at Wedbush... Stone Energy (SGY) downgraded to Market Perform from Outperform at FBR Capital... Stonegate Mortgage (SGM) downgraded to Neutral from Outperform at Credit Suisse... Teradata (TDC) downgraded to Underweight from Equal Weight at Barclays... Tyco (TYC) downgraded to Sector Perform from Outperform at RBC Capital... UniCredit (UNCFF) downgraded to Underweight from Neutral at JPMorgan... United Technologies (UTX) downgraded to Neutral from Buy at Sterne Agee CRT... Vanguard Natural (VNR) downgraded to Neutral from Overweight at JPMorgan... WESCO (WCC) downgraded to Sector Perform from Outperform at RBC Capital... Workday (WDAY) downgraded to Equal Weight from Overweight at Barclays.
06/03/16
LEER
06/03/16
NO CHANGE
Target $60
LEER
Market Perform
Magellan Health price target raised to $60 from $50 at Leerink
Leerink analyst Ana Gupte raised her price target for Magellan Health to $60 from $50 after a good quarter with a "meaningful" top and bottom line beat. While contract loss in Healthcare remains a downside risk, the company's Pharmacy segment is an offset with less risk to earnings achievability, the analyst tells investors in a research note, adding that the purchase of the Armed Forces Services Corporation Business also offers upside in 2016 and into 2017. Gupte reiterates a Market Perform on the shares.
06/29/16
KEYB
06/29/16
INITIATION
KEYB
Sector Weight
Magellan Health initiated with a Sector Weight at KeyBanc
09/26/16
JEFF
09/26/16
NO CHANGE
Target $76
JEFF
Buy
Magellan Health shares have 40% upside, says Jefferies
Jefferies analyst David Styblo views Magellan Health as "significantly undervalued" following the stock's 25% pullback since late July. The biggest investor concern centers on the steeper than usual earnings ramp in the second half of the year in order to achieve guidance, Styblo tells investors in a research note. He believes Magellan will achieve its guidance and sees 40% upside in the shares. The analyst lowered his price target for Magellan to $76 from $86 and keeps a Buy rating on the shares.

TODAY'S FREE FLY STORIES

ICPT

Intercept

$98.12

1.92 (2.00%)

13:54
09/21/17
09/21
13:54
09/21/17
13:54
Recommendations
Intercept analyst commentary  »

Intercept selloff on FDA…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

KMI

Kinder Morgan

$19.27

-0.5 (-2.53%)

13:50
09/21/17
09/21
13:50
09/21/17
13:50
Options
Kinder Morgan attracts call writers as shares slump »

Kinder Morgan attracts…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BBRY

BlackBerry

$9.85

0.71 (7.77%)

13:45
09/21/17
09/21
13:45
09/21/17
13:45
Options
BlackBerry call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Sep

13:45
09/21/17
09/21
13:45
09/21/17
13:45
General news
FX Action: USD-JPY »

FX Action: USD-JPY has…

ICPT

Intercept

$98.12

1.92 (2.00%)

13:41
09/21/17
09/21
13:41
09/21/17
13:41
Hot Stocks
Breaking Hot Stocks news story on Intercept »

Intercept selloff…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

13:40
09/21/17
09/21
13:40
09/21/17
13:40
General news
FX Action: USD-CAD »

FX Action: USD-CAD has…

HDSN

Hudson Technologies

$9.26

-0.03 (-0.32%)

13:39
09/21/17
09/21
13:39
09/21/17
13:39
Technical Analysis
Technical View: Hudson Technologies down on cautious Seeking Alpha mention »

The shares have taken a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Nov

HDSN

Hudson Technologies

$9.26

-0.03 (-0.32%)

13:34
09/21/17
09/21
13:34
09/21/17
13:34
Periodicals
Hudson Technologies mentioned cautiously by Seeking Alpha contributor 

Reference Link

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Nov

OUT

Outfront Media

$21.19

-0.2 (-0.94%)

, LAMR

Lamar Advertising

$64.42

0.45 (0.70%)

13:30
09/21/17
09/21
13:30
09/21/17
13:30
Hot Stocks
Before the Move: Watch Outfront Media ahead of NYC-MTA contract decision »

A decision regarding the…

OUT

Outfront Media

$21.19

-0.2 (-0.94%)

LAMR

Lamar Advertising

$64.42

0.45 (0.70%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 02

    Oct

ILG

ILG

$25.87

0.56 (2.21%)

, VAC

Marriott Vacations

$119.30

5.31 (4.66%)

13:24
09/21/17
09/21
13:24
09/21/17
13:24
Periodicals
FrontFour plans ILG proxy fight if deal not struck this year, Bloomberg says »

FrontFour Capital, a…

ILG

ILG

$25.87

0.56 (2.21%)

VAC

Marriott Vacations

$119.30

5.31 (4.66%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 08

    Nov

DDAIF

Daimler AG

$79.46

-0.16 (-0.20%)

, TSLA

Tesla

$373.91

-1.19 (-0.32%)

13:21
09/21/17
09/21
13:21
09/21/17
13:21
Hot Stocks
Mercedes-Benz to start production of electric passenger cars in U.S. »

Mercedes-Benz will set up…

DDAIF

Daimler AG

$79.46

-0.16 (-0.20%)

TSLA

Tesla

$373.91

-1.19 (-0.32%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 02

    Oct

MSFT

Microsoft

$74.94

-0.5 (-0.66%)

13:20
09/21/17
09/21
13:20
09/21/17
13:20
Options
Notable call write in Microsoft »

Notable call write in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Sep

  • 02

    Oct

  • 22

    Oct

$NSD

NASDAQ Market Internals

13:17
09/21/17
09/21
13:17
09/21/17
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

13:16
09/21/17
09/21
13:16
09/21/17
13:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

13:15
09/21/17
09/21
13:15
09/21/17
13:15
General news
Treasury's $11 B 10-year TIPS reopening was poorly received »

Treasury's $11 B…

XOP

SPDR Oil Exploration and Production Fund

$32.88

0.02 (0.06%)

13:10
09/21/17
09/21
13:10
09/21/17
13:10
Options
Hefty put spread in SPDR Oil and Gas Exploration ETF »

Hefty put spread in SPDR…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TRIP

TripAdvisor

$43.92

0.32 (0.73%)

13:05
09/21/17
09/21
13:05
09/21/17
13:05
Options
TripAdvisor call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

13:04
09/21/17
09/21
13:04
09/21/17
13:04
General news
10-Yr TIPS Auction Coupon Rate data reported »

10-Yr TIPS Auction Coupon…

13:04
09/21/17
09/21
13:04
09/21/17
13:04
General news
10-Yr TIPS Auction Total Amount data reported »

10-Yr TIPS Auction Total…

ZGNX

Zogenix

$13.60

-0.95 (-6.53%)

12:55
09/21/17
09/21
12:55
09/21/17
12:55
Options
Zogenix put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

IPXL

Impax

$21.55

0.6 (2.86%)

12:51
09/21/17
09/21
12:51
09/21/17
12:51
Periodicals
Impax merger with Amneal could come next month, WSJ reports »

Impax and Amneal…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Sep

CAR

Avis Budget

$37.92

1.28 (3.49%)

12:40
09/21/17
09/21
12:40
09/21/17
12:40
Options
Avis attracts a put buyer »

Avis attracts a put…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 08

    Nov

12:40
09/21/17
09/21
12:40
09/21/17
12:40
General news
Treasury 10-year TIPS preview »

Treasury 10-year TIPS…

GIS

General Mills

$51.80

-0.3658 (-0.70%)

12:30
09/21/17
09/21
12:30
09/21/17
12:30
Options
Position adjustment in General Mills after earnings »

Position adjustment in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ERIC

Ericsson

$5.60

-0.08 (-1.41%)

12:29
09/21/17
09/21
12:29
09/21/17
12:29
Upgrade
Ericsson rating change  »

Ericsson upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.