Highlights
A collection of news and information related to Coventry Health Care Inc. published by Tribune Company sources.
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Redmer says he's running for District 7 state Senate seat
Alfred W. Redmer Jr., the former Republican state delegate and insurance commissioner, announced Wednesday his return to politics with a run for the Maryland Senate. Redmer's entry into the race escalates early campaigning in Baltimore County for the...Tags: Insurance, Andrew P Harris, Robert L. Ehrlich Jr., Medical Services, Reisterstown
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Construction woes hammer Lowe's, but it stays strong
Tribune Media Services columnistQ: Is the housing market the reason why my shares of Lowe's Cos. are now poor performers? How long will this last? -- V.C., via the Internet A: Declines in home sales and new construction are hurting the world's No. 2 home improvement retailer, behind...Tags: Investment Service, Periodicals, Ceridian Corporation, NRG Energy Incorporated, Stock Broking
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Health-care companies need prompt attention
Tribune Media Services columnistMany families have learned the hard way that the best method for coping with problems in the health-care system is to avoid getting sick. Yet the economic power of the Baby Boom generation and government-sponsored plans provides the industry with...Tags: Michael Moore, HealthSouth Corp, Periodicals, Health and Safety at School
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The week ahead
Chicago TribuneMonday: -- Earnings: American Express Co.; Apollo Group Inc.; Apple Inc.; Halliburton Co.; Hasbro Inc.; Kimberly-Clark Corp.; Merck & Co.; Pactiv Corp.; PrivateBancorp Inc.; Schering-Plough Corp.; Texas Instruments Inc.; Wintrust Financial Corp.; Zebra...Tags: Kimberly-Clark Corporation, Pactiv Corporation, Merck & Company Incorporated, Broadcom Corp., Aerospace Manufacturing
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Wal-Mart battling the blues this holiday season
Tribune Media Services columnistQ: I hear good and bad about my Wal-Mart Stores Inc. shares. What's the real story? -- V.T., via the Internet A: With the world's largest retailer going all out to capture sales through deeper discounts in the United States and expansion abroad, this is...Tags: Drugs and Medicines, Periodicals, Energy, Ceridian Corporation, Tyco International Limited
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Merger fever becomes factor in stock market's strong rally
The Associated PressWith merger mania a global phenomenon in 2006, average investors are wondering which companies might be snapped up next. Giant companies in a variety of industries have been seeking quick growth via acquisitions. In telecommunications, AT&T Inc....Tags: Mergers, Acquisitions and Takeovers, Time Warner Inc., Restructuring and Recapitalization, Golden West Financial Corporation, TXU Corporation
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Redmer lays HMO cost rise to Democrats
Sun StaffRebuffing partisan calls for his resignation, state Insurance Commissioner Alfred W. Redmer Jr. defended yesterday his handling of requests from insurers to pass on a recently approved 2 percent HMO tax to consumers, saying he is following the procedure...Tags: Insurance, Parliament, State Budgets, Anthony J O'Donnell, Paula C Hollinger
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Once-hot stock option programs losing some luster
Sun StaffIt wasn't so long ago that stock options were the equivalent of corporate America's lottery. That still may the case be for a handful of Maryland executives. Among those who got mega-grants last year, Coventry Health Care Inc. CEO Dale B. Wolf...Tags: Linthicum, Guilford (Baltimore, Maryland), Employers, Human Genome Sciences Inc., Provident Bank
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CEOs find that pay is now tied to results
Sun StaffAt first glance, Nolan D. Archibald might seem like a perfect example for critics of runaway executive pay. The chief executive of Black & Decker Corp. pulled in a base salary of nearly $1.5 million and a bonus of $3 million last year while...Tags: Securities, Financially Distressed Companies, Ted White, General Electric Company, WorldCom Incorporated
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Salary comparisons difficult to make for CareFirst's chief
Sun StaffCareFirst BlueCross BlueShield is a nonprofit - except that it pays taxes unlike a charity, competes with for-profit insurers, tried to convert to a for-profit itself and is currently promoting its charitable efforts to stave off critics. Got that? If...Tags: Corporate Officers, Wages and Pensions, Insurance, Government Health Care, Charity
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