Dave Shove

WellPoint Said to Consider Carlson Among CEO Options

WellPoint Inc., the second-biggest U.S. health insurer, is considering former Amerigroup Corp. Chief Executive Officer James Carlson among several finalists to become CEO, according to a person familiar with the matter.

Aetna Forecasts 2013 Earnings Growth Below Estimates

Aetna Inc., the third-biggest U.S. health insurer by membership, forecast earnings for 2013 that were less than analysts’ estimates, as carriers brace for growing medical costs and weak enrollment.

Health Insurers Can Include Costs of Federal Taxes Under Patient Rules

U.S. health insurers can include the cost of federal taxes in determining whether they spend enough on patient care, increasing the amount that can be kept for administration or profit under new rules. Company shares rose .

Universal American to Gain Medicare Patients in Deal for APS Healthcare

Universal American Corp., an insurer specializing in Medicare coverage, agreed to buy closely held APS Healthcare Inc. for $227.5 million to expand services for patients of government health programs.

UnitedHealth Rises as Profit Beats Estimates, CFO Mikan's Role Is Expanded

UnitedHealth Group Inc. , the largest U.S. insurer by sales, promoted Mike Mikan and Gail Boudreaux to run the health-services and health-benefits divisions, moves that may signal the executives are candidates to head the company in the future.

Aetna Third-Quarter Profit Rises as Enrollment Surges

Aetna Inc., the third-biggest U.S. health insurer, said third-quarter profit rose, defying analyst predictions for a decline, as the company boosted revenue from premiums and medical costs stayed stable.

WellPoint CEO Faces Ire of Investor Who Says She Must Go

WellPoint Inc.’s Angela Braly chided Barack Obama for spreading “false information” about health insurers two years ago. She’s now facing tough questions about her own performance from investors calling for her ouster.

Accretive Health, Chelsea, Millennial: U.S. Equity Movers

Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 1:40 p.m. in New York.

Express Scripts Rises After Increase in Prescriptions

Express Scripts Holding Co., the U.S.’s largest pharmacy benefit manager after buying Medco Health Solutions Inc., rose the most in five weeks after the company reported prescription volume increased more than analysts expected.

UnitedHealth to Buy Brazil Insurer Amil for $4.9 Billion

UnitedHealth Group Inc., the biggest U.S. health insurance company, agreed to pay about $4.9 billion to buy 90 percent of Amil Participacoes SA, a Brazil-based insurer and hospital chain that gives the American company a stake in the world’s second-biggest emerging economy.

"The acquisition is yet another way UnitedHealth chooses to diversify its revenue, which is part of what makes it one of our favorite names."

- Dave Shove on Oct 08, 2012

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Brazil

Hon Hai Profit Misses Estimates on Slowing Apple Orders

Shell Targeted With BP in EU Price Fixing Probe for Oil: Energy

Pentagon Furloughs of 680,000 Seeks to Save $1.8 Billion

Asian Stocks Advances as Nikkei 225 Surges Above 15,000

IRS Sent Same Letter to Democrats That Fed Tea Party Row