Centene’s stock shoots up after profit and revenue beat, raised outlook

Shares of Centene Corp. CNC, -0.25% shot up 6.1% in premarket trade Tuesday after the health-care services company reported first-quarter profit and revenue that beat expectations and raised its full-year outlook. Net income rose to $522 million, or $1.24 a share, from $340 million, or 96 cents a share, in the year-ago period. Excluding non-recurring items, adjusted EPS was $1.39, […]

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Health-care stocks could rebound after their worst week of the year

The S&P 500 health-care sector falls 4.4%, its worst weekly decline since late December. Health care’s sharp drop comes as investors worry that left-leaning policy ideas such as universal health coverage are gaining support, which could hinder corporate profits for companies in the space. “Because this latest move was largely caused by political hot air (so to speak) and not […]

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You can capture a dividend above 5% and still enjoy stock-market growth

A 5% yield is difficult to come by these days, even if income is your only objective. But the Gabelli Healthcare and Wellness Trust has a distribution yield above 5% and also pursues long-term growth. Jeff Jonas, who co-manages the fund, described his investment strategy and spoke about several representative stocks in an interview. The fund seeks long-term growth while […]

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Trump administration mulls forcing disclosure of secret hospital rates

WASHINGTON — The Trump administration is sounding out the medical industry on requiring hospitals and other health care providers to publicly disclose the secretly negotiated prices they charge insurance companies for services, a move that would expose for the first time the actual cost of care. The U.S. Department of Health and Human Services is seeking public comment on whether […]

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Luke Perry’s fatal stroke is a warning for younger adults

“Beverly Hills, 90210” star Luke Perry, just 52, died on Monday after suffering a massive stroke, which is a solemn reminder that a stroke can strike someone at any age. “Although stroke often affects older individuals, it is not only a disease of the elderly. Luke Perry’s tragic death highlights the fact that stroke can affect middle-aged and young adults, even children,” said Dr. Mitchell S.V. […]

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Agilent beats on earning and raises annual forecast slightly, but stock declines

Agilent Technologies Inc. A, +1.34% announced better fiscal first-quarter earnings and revenue than the medical-device company expected Wednesday, and slightly raised its guidance for the year, but shares still fell in late trading. Agilent reported net income of $504 million, or $1.57 a share, on sales of $1.28 billion, up from $1.21 billion a year ago. After stripping out a […]

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Swabbing this ‘medicated goo’ in your nose can prevent superbug infections

Think of it as decontaminating yourself. Hospitalized patients who harbor certain superbugs can cut their risk of developing full-blown infections if they swab medicated goo in their nose and use special soap and mouthwash for six months after going home, a study found. It’s a low-tech approach to a big problem: About 5% of patients have MRSA — antibiotic-resistant Staph […]

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Republican-controlled Utah defies voters, rolls back Medicaid expansion

SALT LAKE CITY – Utah passed sweeping changes to a voter-approved Medicaid expansion Monday, cutting the number of people covered nearly in half and adding work requirements that the Trump administration is expected to approve. Republican Gov. Gary Herbert signed the plan hours after it cleared a final vote in the Republican-led Legislature, calling it both “humane and sustainable.” It’s […]

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