whytestocks
6 years ago
News: $WCG INVESTOR ALERT: Monteverde & Associates PC Investigates the Recent Merger
NEW YORK, NY / ACCESSWIRE / May 11, 2019 / Juan Monteverde , founder and managing partner at Monteverde &Associates PC , a national securities firm headquartered at the Empire State Building in New York City, is investigating: Quantenna Communications, Inc. ( QTNA ) ("Quan...
Read the whole news https://marketwirenews.com/news-releases/investor-alert-monteverde-associates-pc-investigates-the-recent-merger-8165822.html
geocam
6 years ago
$WCG The combined company will have estimated pro forma 2019 revenues of approximately $97 billion, and a pro forma EBITDA of $5 billion, based on the most recent 2019 outlooks publicly reported by both companies.
https://www.sec.gov/Archives/edgar/data/1071739/000119312519088684/d709458d425.htm
Today, Centene and WellCare will have the size, scale and experience and expertise to better serve our members and government partners. This will further our shared commitment to the communities in which our members providers, and employees live and work. This will deliver significant long-term value to our collective shareholders. The combined company will have estimated pro forma 2019 revenues of approximately $97 billion, and a pro forma EBITDA of $5 billion, based on the most recent 2019 outlooks publicly reported by both companies.
It enables us to expand our national footprint with meaningful product and geographic business [inaudible]. The combined company will serve approximate 22 million individuals across all 50 states in the U.S. We will offer affordable and high-quality products to more than 12 million Medicaid and approximately five million Medicare recipients, including Medicare Prescription Drug Plans or PDP, and individuals served in the Health Insurance Marketplace and TRICARE programs.
...
Thanks, Michael. I’m pleased to be here today and share your enthusiasm for the future of our two great companies. Continuing on Slide 7, WellCare has had an impressive performance over the last five years, generating more than 235 percent in returns for our shareholders.
Since our founding in 1985, we’ve worked hard to transform our business into one of the leading Medicaid and Medicare players in the country, with 5.5 million members, excluding the PDP business, we recently acquired from Aetna which will be incorporated into our results beginning January 1, 2020, and in excess of $26 billion in total revenue projected for yearend 2019.
...
Turning to Slide 11, you will see that in addition to our product diversification, we are also geographically diverse. Centene’s portfolio is and always has been member-centric and built to support our local delivery model. With WellCare, we will expand our footprint from operations, from 32 to all 50 states. This will provide greater benefits to more members, providers, partners and drive value for shareholders.
The combination adds WellCare’s health brands in Hawaii, Kentucky and New Jersey and enhanced presence Most importantly, our proven local approach will not change, as many of you know, a core part of Centene’s strategy is to go beyond traditional health care to partner with states and other key stakeholders to offer programs and services. We look forward to continuing this commitment and applying it across an even greater footprint for the benefits of all stakeholders.
stocktrademan
9 years ago
$WCG recent news/filings
bullish 79.27
bounce off horizontal support level
stochastics exiting oversold
uptrending
## source: finance.yahoo.com
Thu, 19 Nov 2015 21:30:00 GMT ~ Ready to Ride the WhiteWave Rally? (Plus: WCG, WSM, CMG, ETP)
read full: http://realmoney.thestreet.com/articles/11/19/2015/ready-ride-whitewave-rally-plus-wcg-wsm-cmg-etp?puc=yahoo&cm_ven=YAHOO
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Thu, 19 Nov 2015 21:03:00 GMT ~ WellCare Health Plans (WCG) Stock Continues to Face Downside Pressure
read full: http://www.thestreet.com/story/13373205/1/wellcare-health-plans-wcg-stock-continues-to-face-downside-pressure.html?puc=yahoo&cm_ven=YAHOO
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Thu, 19 Nov 2015 13:30:00 GMT ~ Children's Pediatrics Center In Canton, Georgia Earns National Recognition For Patient-Centered Care With Support From WellCare Health Plans
[PR Newswire] - WASHINGTON, Nov. 19, 2015 /PRNewswire/ -- The National Committee for Quality Assurance (NCQA) today announced that Children's Pediatrics Center LTD in Canton, Georgia has received NCQA Patient-Centered ...
read full: http://finance.yahoo.com/news/childrens-pediatrics-center-canton-georgia-133000727.html
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Wed, 18 Nov 2015 13:35:42 GMT ~ WellCare to Create 250 Full-Time Jobs and to Open Nine Offices in Iowa
[at noodls] - WellCare to Create 250 Full-Time Jobs and to Open Nine Offices in Iowa
read full: http://www.noodls.com/view/8422B55B29DBEE1EA73B67286A82AC5CFE7CE002
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Wed, 18 Nov 2015 13:30:00 GMT ~ WellCare to Create 250 Full-Time Jobs and to Open Nine Offices in Iowa
[PR Newswire] - DES MOINES, Iowa and TAMPA, Fla., Nov. 18, 2015 /PRNewswire/ -- WellCare Health Plans, Inc. (NYSE: WCG) announced today that it is creating 250 full-time positions and opening nine offices across the state ...
read full: http://finance.yahoo.com/news/wellcare-create-250-full-time-133000801.html
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$WCG charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$WCG company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/WCG/company-info
Ticker: $WCG
OTC Market Place: Not Available
CIK code: 0001279363
Company name: Wellcare Health Plans, Inc.
Incorporated In: DE, USA
$WCG share structure
## source: otcmarkets.com
Market Value: $3,496,209,692 a/o Nov 20, 2015
Shares Outstanding: 44,105,080 a/o Nov 03, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$WCG extra dd links
Company name: Wellcare Health Plans, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/WCG/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/WCG/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=WCG+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=WCG+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=WCG+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/WCG/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/news - http://finance.yahoo.com/q/h?s=WCG+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/WCG/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/WCG/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/WCG/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/WCG/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/WCG/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/WCG/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/WCG/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=WCG+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/WCG
DTCC (dtcc.com): http://search2.dtcc.com/?q=Wellcare+Health+Plans%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Wellcare+Health+Plans%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Wellcare+Health+Plans%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/WCG/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/WCG
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/WCG/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/WCG/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/WCG/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001279363&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/WCG/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/WCG/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=WCG&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=WCG
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=WCG+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=WCG+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=WCG
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=WCG
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=WCG+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/WCG/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=WCG+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/WCG.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=WCG
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/WCG/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/WCG/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/WCG/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/WCG
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/WCG
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/WCG:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=WCG
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=WCG
$WCG DD Notes ~ http://www.ddnotesmaker.com/WCG
stocktrademan
10 years ago
$WCG DD Notes ~ http://www.ddnotesmaker.com/WCG
bullish
$WCG recent news/filings
## source: finance.yahoo.com
Fri, 26 Dec 2014 18:21:09 GMT ~ NYSE stocks posting largest percentage decreases
[AP] - A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.: Tableau software Inc. fell 9.2 percent to $61.03. Intrexon Corp. fell 8.7 percent to $23.80. Arista Networks fell 8.7 ...
read full: http://sg.finance.yahoo.com/news/nyse-stocks-posting-largest-percentage-175507757--finance.html
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Wed, 24 Dec 2014 16:46:52 GMT ~ WellCare of Florida and Sarasota Memorial Hospital Sign New Contract
[at noodls] - Company's Medicaid Members Continue to have In-Network Coverage at Sarasota Memorial TAMPA and SARASOTA, Fla. (Dec. 23, 2014) - WellCare Health Plans, Inc. (NYSE: WCG) and Sarasota Memorial Health Care ...
read full: http://www.noodls.com/view/026EBD22C5EB4B863B06EA37408E1402EE959BAD
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Tue, 16 Dec 2014 14:14:14 GMT ~ WellCare Promotes Munson, Reynolds to Senior Vice President, Division President
[at noodls] - TAMPA, Fla. (Dec. 16, 2014) - WellCare Health Plans, Inc. (NYSE: WCG) announced that it has promoted Kelly Munson to the position of senior vice president, division president and product. Munson will have ...
read full: http://www.noodls.com/view/9513241FC3A57888D8DBE6F42E339BE99D6D1F64
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Tue, 16 Dec 2014 14:14:14 GMT ~ WellCare Appoints Todt Senior Vice President, Chief Legal and Administrative Officer and Secretary
[at noodls] - TAMPA, Fla. (Dec. 16, 2014) - WellCare Health Plans, Inc. (NYSE: WCG) announced it has appointed Blair Todt to the newly created position of senior vice president, chief legal and administrative officer ...
read full: http://www.noodls.com/view/7834FE5D92BBE1C4C3BD9918AFB13B17EF62762B
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Tue, 16 Dec 2014 13:50:20 GMT ~ WELLCARE HEALTH PLANS, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Regulation F
read full: http://biz.yahoo.com/e/141216/wcg8-k.html
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$WCG charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$WCG company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/WCG/company-info
Ticker: $WCG
OTC Market Place: Not Available
CIK code: 0001279363
Company name: Wellcare Health Plans, Inc.
Incorporated In: DE, USA
$WCG share structure
## source: otcmarkets.com
Market Value: $3,699,047,727 a/o Dec 26, 2014
Shares Outstanding: 43,905,611 a/o Nov 04, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$WCG extra dd links
Company name: Wellcare Health Plans, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/WCG/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/WCG/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=WCG+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=WCG+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=WCG+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/WCG/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/news - http://finance.yahoo.com/q/h?s=WCG+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/WCG/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/WCG/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/WCG/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/WCG/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/WCG/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/WCG/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/WCG/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=WCG+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/WCG
DTCC (dtcc.com): http://search2.dtcc.com/?q=Wellcare+Health+Plans%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Wellcare+Health+Plans%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Wellcare+Health+Plans%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/WCG/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/WCG
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/WCG/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/WCG/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/WCG/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001279363&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/WCG/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/WCG/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=WCG&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=WCG
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=WCG+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=WCG+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=WCG
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=WCG
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=WCG+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/WCG/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=WCG+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/WCG.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=WCG
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/WCG/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/WCG/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/WCG/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/WCG/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/WCG
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/WCG
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/WCG:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=WCG
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=WCG
$WCG DD Notes ~ http://www.ddnotesmaker.com/WCG
Fedex11 ©
17 years ago
UPDATE 3-WellCare shares soar as report downplays probe
Reuters - November 05, 2007 1:09 PM ET
Related Quotes
Symbol Last Chg
WCG Trade 37.06 +9.69
Real time quote.
(Rewrites first paragraph, adds analyst comment, byline, updates shares)
By Lewis Krauskopf
NEW YORK, Nov 5 (Reuters) - Shares of WellCare Health Plans Inc (WCG) jumped more than 40 percent on Monday after a news report implied less harm could come from a probe hovering over the health insurer than had previously been expected.
The company, which also reported a preliminary 67 percent rise in quarterly profit, has seen its shares battered after its offices were raided by state and federal agents last month. Few details about the probe have emerged.
WellCare serves 2.3 million low-income, elderly and other members through government-sponsored Medicare and Medicaid health plans.
The Wall Street Journal reported over the weekend that the raid was spurred at least in part by allegations that the company had inflated its mental health-care costs to keep money it should have refunded to Florida's Medicaid program.
"The third-quarter results are overshadowed by market speculation that the outcome of the investigation will leave more equity value than was implied last week when shares were trading below $25," Goldman Sachs analyst Matthew Borsch said in a research note.
Borsch said investors are reacting to implications from the report that the probe's ramifications might be less severe.
Shares of WellCare were up $9.82, or 35.9 percent, to $37.19 in afternoon trade on the New York Stock Exchange after climbing as high as $39.55. Before the raid last month, they were trading above $115.
The Journal's report, which cited a person familiar with details of the investigation, said the federal and Florida investigation followed the filing of a whistle-blower lawsuit by a former employee of Harmony Behavioral Health, a WellCare subsidiary.
The company's practices allegedly defrauded the state and federal health-care programs of more than $35 million over five years, the newspaper said.
WellCare said it has not been served with and has not seen the whistle-blower lawsuit referenced in the article.
Jefferies & Co analyst Brian Wright raised his rating on WellCare shares to "buy" after the Journal's report, and his price target on the shares to $50.
Wright increased the probability that the end result of the probe would be just a fine to 84 percent from his previous projection of 53 percent.
The company also said on Monday it had learned that a former employee of its special investigations unit filed a lawsuit in state court in Leon County, Florida, last month against several defendants, including the company and one of its subsidiaries.
The company said the suit is under seal so it is unable to determine whether it relates to the government probe.
Analysts have speculated that last month's raid could relate to a possible whistle-blower lawsuit brought by a former or current employee.
In preliminary results reported on Monday, third-quarter net income rose to $72.4 million, or $1.71 per share, from $43.3 million, or $1.06 per share, a year earlier.
Excluding a gain related to legal matters, earnings of $1.57 were 5 cents ahead of analysts' expectations, according to Reuters Estimates.
Revenue rose 41.7 percent to $1.43 billion. WellCare cited the launch of a Medicaid health plan in Georgia and growth in its Medicare plans for seniors.
Total membership rose nearly 8 percent to 2.34 million from a year earlier. WellCare reported 160,000 members in its Medicare Advantage plans at Sept. 30 compared with 87,000 a year before.
The company said last week it would not submit its quarterly filing to regulators until an independent investigation into the matter had finished.
WellCare said it is cooperating with the U.S. Department of Justice, the U.S. Federal Bureau of Investigation, the U.S. Department of Health and Human Services Office of Inspector General and the Florida Attorney General's Medicaid Fraud Control Unit. (Editing by Steve Orlofsky and Gerald E. McCormick)
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