On Thursday, Shares of Molina Healthcare, Inc. (NYSE:MOH), added 1.80% and closed at $50.38 in the last trading session. The last trading range of the stock ranges between $49.52 and $51.06.
Molina Healthcare, Inc. (MOH) recently stated its financial results for the third quarter of 2016.
“Our third quarter results demonstrate continuing improvement in our overall business,” said J. Mario Molina, M.D., chief executive officer of Molina Healthcare, Inc. “Although these results highlight the need for programmatic adjustments to the Affordable Care Act’s health insurance Marketplaces, Molina Healthcare’s combination of product and geographic diversification, quality focused medical care, and efficient operations continues to deliver value to our members, our government partners, and our shareholders.”
Update on Financial Performance
Third Quarter 2016 Contrast With Second Quarter 2016
Third quarter 2016 financial performance improved significantly when contrast with the second quarter of 2016. Earnings per diluted share raised to $0.76 in the third quarter of 2016 from $0.58 in the second quarter. Adjusted earnings per diluted share raised to $0.85 in the third quarter of 2016 from $0.67 in the second quarter.
Iconix Brand Group Inc (NASDAQ:ICON), jumped 6.41% and closed at $8.96 in the last trading session. The last trading range of the stock ranges between $8.48 and $9.18. The company’s Market capitalization is $531.84 million with the total Outstanding Shares of 56.13 million. Iconix Brand Group, Inc. (ICON) (“Iconix” or the “Company”) recently stated its financial results for the third quarter and nine months ended September 30, 2016.
John Haugh, CEO of Iconix commented, “I am happy to report that Iconix delivered another solid quarter. Performance across the brands was mixed, but with our balanced portfolio of brands and the Company’s attractive margins, we were able to achieve stable revenue, raised profits and healthy free cash flow. We look forward to sharing details about our vision and our growth plan at our forthcoming shareholder day next Tuesday, November 15th.”
Diageo plc (ADR)(NYSE:DEO), dropped -2.61% and closed at $101.69 in the last trading session. The last trading range of the stock ranges between $100.36 and $102.30. During the 52-week trading session the minimum price at which share price traded, registered at $99.59 and reached to max level of $117.95. “This Land Is Your Land,” the iconic song and rallying cry for American unification penned by Woodie Guthrie, is at the heart of Johnnie Walker’s new Keep Walking America campaign. For nearly 200 years, Johnnie Walker has inspired the world with stories of personal progress and Keep Walking America is another powerful collection of stories reflecting the countless achievements, unwavering optimism and tireless progression of the great people who call America home.
The new 360 marketing campaign, which premiered nationally on November 7th with a :60 TV spot created by Anomaly and directed by Chris Sargent of Anonymous Content, celebrates the cultural progress and diversity that represents the fabric of America recently. The lyrics of “This Land Is Your Land,” read in both English and Spanish, serve as the campaign’s anthem. The meaning behind the lyrics powerfully communicate the core message that America has always been and should always remain an inclusive nation, built on values that celebrate and reward people from all colors and creeds. The film was shot over two weeks and features real storylines of progress from Los Angeles, Santa Fe, Montana, New Orleans, Baltimore, New York and Washington DC.