Health Net, Inc. (NYSE:HNT)
8-K Filing by the Company
Health Net announced today that it would resume its share
buyback program, which authorizes it to repurchase approximately $450
million worth of stock. The stock is currently trading down, however,
after the company revised its quarterly estimates $0.03 below consensus
and announced that its VP and CFO would resign effective November 10th.
Napster, Inc. (NDAQ:NAPS)SEC Filing WatchNapster moved higher today on renewed takeover rumors following comments made by ThinkEquity analyst Darren Aftahi, who commented that he didn't think there would be any slowdown in M&A activity in the digital media sector. He also commented that he believed NAPS was worth $5 - $7 in the event of a buyout. Napster is currently trading at $4.41, trading up 2.56% on the news today.