News & Events:CNC

Activist investor Politan Capital Management on Tuesday said it owns a nearly 9% stake in Masimo Corp (MASI) and plans to push the medical device maker to make changes, sending the company's share price up 6%. Politan, founded by veteran investor Quentin Koffey, said in a regulatory filing it believes the company's stock price is undervalued.

ST. LOUIS, Aug. 10, 2022 Centene Corporation (CNC) announced today its Mississippi subsidiary, Magnolia Health Plan, has been awarded the Mississippi Division of Medicaid contract. "We are honored to have the opportunity to continue serving our state partners to help build a healthier Mississippi," said Brent Layton, Centene's President and Chief Operating Officer.

On CNBC's "Mad Money Lightning Round," Jim Cramer said Lions Gate Entertainment Corp is a "value trap." He added, "While it makes money, it's not what this market wants." When asked about Radware Ltd , Cramer said, "I think it's too cheap to get rid of. Cramer said Centene Corp is "doing very, very well." He recommended holding onto the stock.

Centene Corp (CNC): * CENTENE FILES PRELIMINARY PROXY STATEMENT FOR SPECIAL MEETING TO PROPOSE ENHANCED CORPORATE GOVERNANCE PROVISIONS. * Centene Corp (CNC) - JAMES DALLAS, CHAIRMAN OF BOARD, HAS INFORMED BOARD THAT HE WILL STEP DOWN AS CHAIRMAN OF BOARD BY 2023 ANNUAL MEETING OF STOCKHOLDERS.

ST. LOUIS, Aug. 1, 2022 Centene Corporation (CNC) announced that it has filed a preliminary proxy statement with the Securities and Exchange Commission in connection with a special stockholders meeting to approve amendments to Centene's Amended and Restated Certificate of Incorporation to enhance the Company's corporate governance.

Health Net Assisting Members in Siskiyou County During State of Emergency. SACRAMENTO, Calif. Health Net members can also call MHN for coping support. If members cannot reach their primary care provider during a declared state of emergency, Health Net provides access to telehealth services at no cost.

Centene's short percent of float has fallen 14.67% since its last report. Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock.

Centene has outperformed the market over the past 15 years by 13.95% on an annualized basis producing an average annual return of 21.12%. Currently, Centene has a market capitalization of $53.80 billion. Buying $1000 In CNC: If an investor had bought $1000 of CNC stock 15 years ago, it would be worth $17,166.13 today based on a price of $92.74 for CNC at the time of writing.

Benzinga Pro data, Centene reported Q2 sales of $35.94 billion. Earnings data without context is not clear and can be difficult to base trading decisions on. It is important to keep in mind that ROCE evaluates past performance and is not used as a predictive tool. ROCE is a powerful metric for comparing the effectiveness of capital allocation for similar companies.

Health Net Assisting Members in Mariposa County During State of Emergency. SACRAMENTO, Calif. Health Net members can also call MHN for coping support. If members cannot reach their primary care provider during a declared state of emergency, Health Net provides access to telehealth services at no cost.

Centene Says Q2 In Line With Expectations Outlined During June Investor Day, Ups FY22 Guidance

  Centene reported its Q2 earnings results on Tuesday, July 26, 2022 at 06:00 AM. Here's what investors need to know about the announcement. Centene beat estimated earnings by 11.32%, reporting an EPS of $1.77 versus an estimate of $1.59. Revenue was up $4.91 billion from the same period last year.

  ** General Motors is likely to report quarterly earnings at $1.30 per share on revenue of $34.59 billion. ** Pentair is projected to report quarterly earnings at $1.00 per share on revenue of $1.05 billion. ** IVERIC bio is expected to report earnings for its second quarter. ** NexPoint Residential is estimated to report quarterly loss at $0.24 per share on revenue of $63.85 million.

Centene Corp (CNC): * ORATION REPORTS SECOND QUARTER 2022 RESULTS. * QTRLY DILUTED LOSS PER SHARE OF $ * INCREASED 2022 FULL-YEAR ADJUSTED DILUTED EPS GUIDANCE BY ANOTHER $0.05. * QTRLY ADJUSTED DILUTED EPS OF $1.77. * FOR THE SECOND QUARTER OF 2022, TOTAL REVENUES INCREASED 16% TO $35.9 BILLION FROM $31.0 BILLION IN COMPARABLE PERIOD OF 2021.

-- Diluted Loss Per Share of $, including real estate charge; Adjusted Diluted EPS of $1.77 -- ST. LOUIS, July 26, 2022 /PRNewswire/ -- Centene Corporation (CNC) announced today its financial results for the second quarter ended June 30, 2022. In summary, the 2022 second quarter results were as follows: "Our strong second quarter results reflect the consistency of Centene's (CNC) product performance.

Centene Corp (CNC): * CENTENE SIGNS DEFINITIVE AGREEMENT TO DIVEST ITS SPANISH AND CENTRAL EUROPEAN BUSINESSES. * Centene Corp (CNC) - CENTENE TO SELL ITS CONTINENTAL EUROPEAN BUSINESSES TO VIVALTO SANTÉ. * Centene Corp (CNC) - CENTENE INTENDS TO USE MAJORITY OF NET PROCEEDS FROM SALE TO REPURCHASE STOCK AND BALANCE TO REDUCE DEBT.

Health insurer Centene Corp (CNC) said on Monday it has agreed to sell its Spanish and Central European businesses to private hospital company Vivalto Santé. Financial details of the deal were not disclosed.

Centene to sell its continental European businesses to Vivalto Santé . Another milestone in Centene's (CNC) value creation program and ongoing portfolio review ST. LOUIS, July 25, 2022 /PRNewswire/ -- Centene Corporation (CNC) announced today that as part of its previously announced review of strategic alternatives for its international portfolio, it has signed a definitive agreement to sell to Vivalto Sa...

Community-based organizations, El Concilio and E Center, partner to provide residents of San Joaquin, Sutter and Yuba counties with fresh fruits and vegetables. SACRAMENTO, Calif. About Health Net:Founded in California more than 40 years ago, Health Net believes every person deserves a safety net for their health, regardless of age, income, employment status or current state of health.

Centene's short percent of float has fallen 27.54% since its last report. Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock.