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4-Traders Homepage  >  Equities  >  Nasdaq  >  Magellan Health Inc    MGLN

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Magellan Health Services : to Present at Upcoming Jefferies and Goldman Sachs Conferences

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06/01/2014 | 12:33am CET

AVON, Conn.--(BUSINESS WIRE)-- First bullet point of release, the time of the presentation should read: Tuesday, June 3, 2014 at 11:00 a.m. Eastern time (instead of Tuesday, June 3, 2014 at 11:30 a.m. Eastern time).

The corrected release reads:

MAGELLAN HEALTH SERVICES TO PRESENT AT UPCOMING JEFFERIES AND GOLDMAN SACHS CONFERENCES

, (NASDAQ: MGLN) announced today that members of its executive team will present at two upcoming healthcare conferences.

  • Chief Financial Officer Jonathan N. Rubin will present at the Jefferies 2014 Global Healthcare Conference on Tuesday, June 3, 2014 at 11:00 a.m. Eastern time at the Grand Hyatt in New York.
  • Chairman and Chief Executive Officer Barry M. Smith will present at the Goldman Sachs 35th Annual Global Healthcare Conference on Wednesday, June 11, 2014 at 11:20 a.m. Pacific time (2:20 p.m. Eastern) at the Terranea Resort in Rancho Palos Verdes, CA.

Investors and the public are invited to access conference audio and presentation materials through Magellan's investor relations page at MagellanHealth.com. Those who plan to access the webcasts should log on to the website approximately 15 minutes before the scheduled start time of the conference to register and download and install any necessary software. Audio replays and presentation materials will be available for one week following each presentation.

Those who plan to access the webcasts or recordings are encouraged to read Magellan's Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission (SEC) on March 3, 2014, and subsequent quarterly reports on Form 10-Q filed during 2014, for material information regarding Magellan's operational and financial results, including the section titled "Risk Factors."

About : Headquartered in Avon, Conn., ., is a healthcare management company that focuses on fast-growing, complex and high-cost areas of healthcare, with an emphasis on special population management. Magellan delivers innovative solutions to improve quality outcomes and optimize the cost of care for those we serve. Magellan's customers include health plans, managed care organizations, insurance companies, employers, labor unions, various military and government agencies, third party administrators, and brokers. For more information, visit MagellanHealth.com.


Media Contact:
Colleen Flanagan Johnson, 860-507-1923
cefjohnson@magellanhealth.com
or
Investor Contact:
Renie Shapiro Silver,877-645-6464
rshapiro@magellanhealth.com

Source:

News Provided by Acquire Media

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Financials ($)
Sales 2016 4 907 M
EBIT 2016 175 M
Net income 2016 72,0 M
Debt 2016 309 M
Yield 2016 -
P/E ratio 2016 22,71
P/E ratio 2017 17,22
EV / Sales 2016 0,41x
EV / Sales 2017 0,27x
Capitalization 1 720 M
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Mean consensus HOLD
Number of Analysts 6
Average target price 78,0 $
Spread / Average Target 5,4%
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NameTitle
Barry M. Smith Chairman & Chief Executive Officer
Jonathan N. Rubin Chief Financial Officer & Executive Vice President
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