Centene (CNC), WellCare (WCG) Report Approval of Pending Transaction by New York State Insurance & Healthcare Departments
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Centene (CNC) Reports Election of General Lori J. Robinson to Board
October 22, 2019 2:32 PM EDTCentene Corporation (NYSE: CNC) announced today that retired United States Air Force General Lori J. Robinson was elected to serve on the company's board of directors as a Class I director. Gen. Robinson was appointed to the Nominating and Governance Committee and the Government and Regulatory Affairs Committee.
Gen. Robinson retired from the Air Force in July 2018 following a 36-year military career. Most recently, Gen. Robinson served as Commander of North American Aerospace Defense Command (NORAD) and US Northern Command (NORTHCOM). Throughout... More
Centene (CNC) Reports In-Line Q3 EPS, Revenues Beat; Offers FY19 Revenue Guidance Below Consensus, Offers FY19 EPS Outlook
October 22, 2019 6:07 AM EDTCentene (NYSE: CNC) reported Q3 EPS of $0.96, in-line with the analyst estimate of $0.96. Revenue for the quarter came in at $18.98 billion versus the consensus estimate of $18.41 billion.
Third Quarter Highlights
September 30, 2019 managed care membership of 15.3 million, an increase of 884,200 members, or 6%, over September 30, 2018.Total revenues for the third quarter of 2019 of $19.0 billion, representing 17% growth compared to the third quarter of 2018.Health... MoreCentene (CNC) Announces $500M Buyback Plan
October 21, 2019 5:32 PM EDTCentene (NYSE: CNC) disclosed that its Board of Directors authorized the repurchase of up to $500 million of shares of the Company's common stock (the Increased Repurchase Amount). Under the Increased Repurchase... More
Centene (CNC), WellCare (WCG) Announce Five Additional State Insurance Department Approvals for Pending Merger
October 18, 2019 7:02 AM EDTCentene Corporation (NYSE: CNC) and WellCare Health Plans, Inc. (NYSE: WCG) today announced that the insurance departments of Arizona, Connecticut, Georgia, Ohio and Texas have now also approved Centene's pending acquisition of WellCare, bringing the total number of... More
