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IBD'S WEEK IN REVIEW.(THE IBD 100)
GDP Up 7.2%; Biggest Jump Since '84
1Tax cuts and low interest rates fueled the third quarter's surge in economic growth. Consumer spending and housing construction led the broad-based gains. Economists forecast a 6% gain. Business investment, which had been impeding the rebound, ran up a sharp 15.4%. It was the best gain since 2000's first quarter.
October IPOs Finish Strong
2 There were 10 IPOs in Oct., including 5 last week. The year-to-date return on 2003 IPOs is 38%, the best since '99, says Renaissance Capital. On Friday, Union Pacific trucking spinoff Overnite jumped 17% to 22.16 in its first day after pricing at the top of its already-raised $17-$19-a-share range. Educational financial services firm First Marblehead shot up 38% to 22.15.
HMO Deals Surprise Street
3Anthem is buying health insurer WellPoint Health Networks for $14.2 bil, or $23.80 in cash and 1 share of Anthem per WellPoint share. WellPoint's Q3 net rose 18% to $1.63, 8 cents over views. Anthem's Q3 net grew 7% to $1.38 vs. estimates for $1.33. UnitedHealth Group will pay $2.95 bil for Mid Atlantic Medical.
BofA Bids For FleetBoston
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- Press release article from: Business Wire November 2, 2006 700+ words
...Fla. -- Metropolitan Health Networks, Inc. (AMEX:MDF...2006. What: Metropolitan Health Networks Investor Presentation at...49th and 50th Streets), New York About Metropolitan Health Networks, Inc.: Metropolitan is...
- Metropolitan Health Networks to Present at the C.E. Unterberg, Towbin Emerging...
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...Metropolitan Health Networks Investor Presentation...at 60th St.) New York Conference Registration...Metropolitan Health Networks, Inc.: Metropolitan...Metropolitan Health Networks, Inc. please...are located in New York, San Francisco...
- Metropolitan Health Networks to Present at the Sanders Morris Harris Middle...
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...Fla. -- Metropolitan Health Networks, Inc. (AMEX:MDF...2006. What: Metropolitan Health Networks Investor Presentation at...21 East 52nd Street, New York About Metropolitan Health Networks, Inc.: Metropolitan is...
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- Press release article from: Business Wire March 20, 2006 700+ words
...BEACH, Fla. -- Metropolitan Health Networks, Inc. (AMEX:MDF) (PCX...academic medical centers in the New York metropolitan area, including The Mount Sinai Hospital, New York University Medical Center...attained his B.A. from the New York University - Heights College...
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...important resource for rural health networks in current and future...served as chair of the New York State Rural Health Network...reform. Funded by the New York State Department of...His mission with rural health networks, Tobias says, sounds...
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- Press release article from: Business Wire November 14, 2001 700+ words
...2001 Metropolitan Health Networks, Inc. (METCARE...Medical Board of New York and the former...Zimmerman Fund of New York and is a former...fellowships at the New York Hospital-Cornell...About Metropolitan Health Networks, Inc. Metcare...
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...Oct. 8, 2001 Metropolitan Health Networks, Inc. (METCARE(TM...Montefiore Medical Center in New York. After serving as medical...Roosevelt Hospital Center in New York. Prior to Mt. Sinai Medical...for Oxford Health Plans in New York. Dr. Bloom received his...
- Metropolitan Health Networks Reports Third Quarter 2002 Results.
- Press release article from: Business Wire November 18, 2002 700+ words
...2002 Metropolitan Health Networks, Inc. (METCARE...Center in Buffalo, New York and Moses Montifiore Hospital in the Bronx, New York. Both contracts are...About Metropolitan Health Networks, Inc. METCARE is a...
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...Mercer Inc. and Mutual of New York. To her distinction...from City University of New York and her bachelor of science...from City College of New York, where she graduated magna cum laude. WellPoint Health Networks is one of the nation...
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- Press release article from: Business Wire November 14, 2001 700+ words
...expansion of Metcare Rx into New York and Maryland, and a...About Metropolitan Health Networks, Inc. METCARE is one...well as to locations in New York and Maryland. For more...information on Metropolitan Health Networks, Inc., visit the...