This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Today's Health Winners and Losers

Shares of Health Grades (HGRD) were among the worst-performing health-related stocks Wednesday, falling 9% after the company reiterated its 2005 earnings projection but lowered its sales estimate.

The health care ratings company continues to see earnings at the high end of its previous guidance of 10 cents to 13 cents a share, but sales growth is now seen at slightly lower than 45%, which is below the company's previous guidance of 45% to 55%.

For 2006, the company expects an operating margin of about 25% on sales growth of at least 40% over 2005 results. Shares recently were trading down 59 cents to $6.

WebMD Health (WBMD) fell 4% after the provider of health information services said it acquired eMedicine.com for $25.5 million. eMedicine.com, an online publisher of medical information, had break-even earnings and about $6 million in revenue during 2005. "The acquisition of eMedicine.com complements WebMD's current offerings for physicians and health care professionals," WebMD said in a statement. WebMD expects the deal to add to 2006 earnings before interest, taxes, depreciation, amortization, but it will be offset by integration-related costs. The company's shares recently were down $1.51 to $37.49.

Aetna (AET) shares rose 4% after the health insurance company named a new chief medical officer and was upgraded by J.P. Morgan. The company named Troyen Brennan chief medical officer to take over for Charles Cutler, who had been serving as interim medical chief. Brennan, who joins Aetna Feb. 21, is a professor of medicine at Harvard Medical School and also served as president and CEO of Brigham & Women's Physicians Organization.

Separately, J.P. Morgan upgraded Aetna to overweight from neutral. Aetna shares rose $3.67 to $92.88.

Shares of Guidant (GDT) traded actively after the medical device company said Boston Scientific's (BSX) most recent $27 billion buyout offer is superior to Johnson & Johnson's (JNJ) $24 billion offer. Guidant, which already signed a merger agreement with Johnson & Johnson, now must wait five business days, or until Jan. 25, before changing its recommendation or ending the Johnson & Johnson deal, which is worth $71 a share, and agree to Boston Scientific's offer, valued at $80 a share.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs