Amerigroup-WellPoint Hearing Scheduled and 3 Stocks Riding 52-Week Highs
Amerigroup Corp. (NYSE:AGP) has revealed via a regulatory filing that the State of Washington Office of the Insurance Commissioner scheduled a hearing for December 19 for the consideration of the request by WellPoint (NYSE:WLP) for the acquisition of the Washington subsidiary of Amerigroup in connection with WellPoint’s previously announced proposed acquisition of Amerigroup. The closing of WellPoint’s acquisition of Amerigroup continues to be subject to receipt of regulatory approval from the Washington OIC and the satisfaction or waiver of other customary, non-governmental closing conditions. The companies predict that the the transaction will close as soon as practicable after gaining regulatory approval from the Washington OIC, Amerigroup said. The shares closed at $91.84, down $0.01 or 0.01 percent on the day. They have traded in a 52-week range of $52.79 to $91.87.
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First Cash Financial (NASDAQ:FCFS): Richard T. Burke has reported a 4.87 percent stake in First Cash Financial. The shares closed at $48.29, down $0.46 or 0.94 percent on the day. They have traded in a 52-week range of $33.27 to $49.06.
H&R Block (NYSE:HRB) has reported a Q2 adjusted EPS of (37c), consensus (40c). The shares closed at $18.26, up $0.69 or 3.93 percent on the day. They have traded in a 52-week range of $14.35 to $18.38.
Pervasive Software (NASDAQ:PVSW): Loeb Offshore has increased its stake in Pervasive Software to 6.23 percent, up from 5.16 percent. The shares closed at $8.84, down $0.03 or 0.34 percent on the day. They have traded in a 52-week range of $5.36 to $8.90.