Centene(CNC)
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Wall Street Breakfast Podcast: Ubisoft Cracks Next Level With Tencent
Seeking Alpha· 2025-11-24 11:42
Company Overview - Ubisoft Entertainment shares surged to their highest in almost a year following a deal with Tencent Holdings to invest in Vantage Studios, the unit behind major franchises like Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six [3][4] - The €1.16 billion ($1.3 billion) cash investment will be utilized to reduce Ubisoft's debt and marks a significant milestone in the company's transformation [4] Investment Details - The investment values Vantage Studios at a pre-money enterprise value of €3.8 billion, with Tencent acquiring a 26.32% economic interest in the studio, which remains under Ubisoft's exclusive control [4][5] - Following the investment, Ubisoft's shares on the Paris stock exchange increased by 9.04%, reaching EUR 7.67 [6]
AcariaHealth Highlights National Biosimilars Education Efforts with Three Events
Prnewswire· 2025-11-20 19:44
Accessibility StatementSkip Navigation Sessions with AcariaHealth, the National Association of Specialty Pharmacy (NASP), and Reuters Events deliver actionable insights on biosimilar adoption, patient access, and specialty pharmacy readiness ORLANDO, Fla., Nov. 20, 2025 /PRNewswire/ --Â AcariaHealth, a leading specialty pharmacy and a company of Centene Corporation (NYSE:Â CNC), announced the completion of three national educational events in October focused on the evolving U.S. biosimilars landscape. Hoste ...
Health Net and Centene Foundation Invest $1.1M to Combat Food Insecurity in California
Prnewswire· 2025-11-20 16:05
Core Points - Health Net and the Centene Foundation announced a $1.1 million investment to the California Association of Food Banks to combat food insecurity affecting 1 in 5 Californians [1][3] - The grant will enhance food distribution and emergency food response in 12 counties, focusing on rural communities that face challenges in accessing nutritious food [2][4] - The investment aims to improve food delivery systems by funding infrastructure such as refrigerated trucks and cold storage [2][4] Investment Details - The investment will be allocated to 10 local food banks serving the targeted counties, empowering local organizations to meet increasing demand [3][4] - Health Net has committed over $247 million in funding to community-based organizations from 2020 to 2025 [4] Organizational Background - Health Net is a Medi-Cal managed care health plan serving over three million members in California, providing various health services [6][7] - The Centene Foundation focuses on investing in economically challenged communities and addressing social drivers of health [8] - The California Association of Food Banks, formed in 1997, partners with over 42 food banks to fight hunger in California [8]
Sunshine Health and Centene Foundation Make $410,000 Investment to Help Tackle Food Insecurity in Florida
Prnewswire· 2025-11-19 16:30
Core Insights - Sunshine Health and Centene Foundation announced a $300,000 investment to combat food insecurity in Florida, partnering with Farm Share, Inc. to provide emergency food resources [1][2] - The initiative aims to address the challenges faced by millions of Americans due to disruptions in nutrition assistance programs, affecting approximately 47.4 million people nationwide [1][6] - An additional $110,000 will be allocated to various organizations across Florida to further support food distribution efforts [3][5] Investment Details - The $300,000 investment will enable Farm Share to distribute at least 125,000 pounds of food, equating to over 104,000 meals [2] - The funding is part of a broader $1.5 million commitment from the Centene Foundation to support food banks and community organizations nationwide [5][8] Organizational Impact - Sunshine Health emphasizes its mission to uplift communities and ensure access to nutritious food, continuing its monthly food pantry initiatives at Community Connections Centers [4][10] - Centene's Chief Health Officer highlighted the importance of access to nutritious food as foundational to good health, with over 95% of its Medicaid plans offering food or nutrition intervention programs [6][8] Broader Commitment - In 2024, Centene invested $77.1 million toward food security initiatives across multiple states, reinforcing its commitment to addressing food insecurity and chronic disease [8][9] - The investments reflect Centene's mission to transform community health through locally driven solutions, integrating food access with healthcare services [9][10]
Buckeye Health Plan and Centene Foundation Make $200,000 Investment to Help Tackle Food Insecurity in Ohio
Prnewswire· 2025-11-18 21:46
Core Insights - Buckeye Health Plan and Centene Foundation announced a $200,000 investment to combat food insecurity in Ohio, addressing challenges exacerbated by disruptions to SNAP and WIC programs [1][2] - Approximately 47.4 million Americans, including 13.8 million children, are affected by food insecurity, with 1.4 million Ohioans receiving SNAP benefits [1][3] - This investment is part of a broader $1.5 million commitment from Centene Foundation to support food banks and community organizations nationwide [3][4] Investment Details - The $200,000 investment will support the Ohio Association of Food Banks to enhance access to nutritious food across communities in Ohio [2] - Centene's commitment to food security includes a $77.1 million investment in 2024, focusing on innovative partnerships to address food insecurity and chronic diseases [5][6] Organizational Commitment - Centene has integrated food and nutrition intervention programs into over 95% of its Medicaid plans, recognizing the importance of access to nutritious food for health outcomes [4][5] - The Centene Foundation aims to improve health equity by addressing social determinants of health, including food access, healthcare, and education [7]
Jim Cramer Discusses Centene (CNC) & Medicaid
Yahoo Finance· 2025-11-15 18:02
Group 1 - Centene Corporation (NYSE:CNC) is highlighted as a significant player in the healthcare benefits management sector, particularly in Medicaid services [1][2] - A report from the Congressional Budget Office indicates that approximately two million people may lose their healthcare coverage in the coming year, raising concerns about the implications for companies like Centene [1][2] - The late Michael Neidorff, former CEO of Centene, emphasized the risks associated with inadequate incentives for healthcare providers, particularly in areas with high deductibles, which could lead to financial strain for many individuals [2] Group 2 - While Centene is recognized for its potential as an investment, there is a belief that certain AI stocks may offer better returns with lower risk, suggesting a shift in focus for investors [2]
Centene Stock Jumps 6.2% as Reddit Traders Buy the Dip Analysts Won't Touch
247Wallst· 2025-11-14 22:02
Core Insights - Centene Corporation's shares have increased by 6.2% from their recent low of $34.25 on November 10 [1] Company Summary - The stock price of Centene Corporation (NYSE: CNC) has shown a positive movement, indicating potential recovery or investor confidence [1]
More than 500 Unhoused Angelenos to find Housing and Get Medical, Behavioral Health and other Services thanks to $2 Million Investment by Health Net in LA Family Housing
Prnewswire· 2025-11-13 16:00
Core Insights - Health Net has renewed a $1 million grant to LA Family Housing for the second consecutive year, supporting efforts to secure permanent affordable housing for individuals experiencing homelessness in Los Angeles County [2][3] - The renewed funding aims to deepen the partnership between Health Net and LA Family Housing, enhancing systems for whole-person care and increasing access to stable housing [3][5] Funding and Impact - The grant will enable LA Family Housing to expand its housing portfolio, maintain partnerships with 190 landlords, and engage 35 additional property partners [5][6] - LA Family Housing exceeded its targets by acquiring 458 housing units, achieving 183% of its goal, and engaging 190 landlords, which is 146% of its target [4] Future Plans - LA Family Housing plans to host 12 housing events throughout the year and aims to place 250 individuals into permanent homes [5] - The partnership will also fund training to share unit-acquisition strategies with other service providers, enhancing community impact [6] Broader Commitment - From 2020 to 2025, Health Net has committed over $247 million to community-based organizations, demonstrating a long-term investment in addressing homelessness and supporting community health initiatives [7]
Centene (CNC) Relies The Most On Subsidies, Says Jim Cramer
Yahoo Finance· 2025-11-12 18:10
Core Insights - Centene Corporation (NYSE:CNC) is heavily reliant on healthcare subsidies, which has raised concerns about its investment viability [2][3] - The stock experienced a significant decline of 8.8% recently, following a broader market downturn led by other healthcare firms [2] - In July, Centene withdrew its full-year guidance, resulting in a record single-day stock drop of over 40%, prompting negative sentiment towards the managed care sector [2] Company Overview - Centene Corporation is one of the largest healthcare benefits management companies in the United States [2] - The company has been highlighted in discussions regarding the necessity of healthcare subsidies for its operations [2] Market Context - The healthcare sector, particularly managed care companies, has faced challenges, with Centene being a notable example of a company struggling in the current market environment [2] - Jim Cramer has indicated that while the sector may not be entirely uninvestable, the reliance on subsidies poses significant risks [2]
Sacramento Youth Gain Mentorship and New Career Pathways through $100,000 Health Net Grant to Sacramento County Office of Education
Prnewswire· 2025-11-12 17:00
Core Insights - Health Net has awarded a $100,000 grant to the Sacramento County Office of Education to enhance youth behavioral health and strengthen the local mental health workforce pipeline [1][5]. Group 1: Initiatives Funded - The grant will fund a Peer-to-Peer Mentorship Convening and the development of a Behavioral Health Workforce Map, both created in collaboration with youth leaders and community organizations [2]. - The Peer-to-Peer Mentorship Convening utilized $50,000 of the grant to host an event on October 15, gathering 117 participants to discuss strategies for promoting youth behavioral health [3]. - The remaining $50,000 will support the creation of a web-based Behavioral Health Workforce Map, which will outline academic and employment pathways for aspiring mental health professionals in Sacramento County [4]. Group 2: Organizational Commitment - Health Net's investment aligns with its broader commitment to advancing whole-person care and addressing health drivers, having committed over $247 million from 2020 to 2025 to community-based organizations [5]. - Health Net, a subsidiary of Centene Corporation, serves over three million members in California and emphasizes the importance of accessible health plans and services [6].