Unisys Corp. said Monday it has completed the previously announced sale of its health-information management business to Molina Healthcare Inc. for $135 million in cash, subject to adjustment. The business generated about $110 million in revenue for Blue Bell, Pa.-based information technology provider Unisys (NYSE:UIS) last year. Peter Key covers education, technology, utilities and venture capital for the Philadelphia Business Journal. Read his blog postings here.

2010 American City Business Journals, Inc. and its licensors. All rights reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of bizjournals. Unisys Corp. said Monday it has completed the previously announced sale of its health-information management business to Molina Healthcare Inc. for $135 million in cash, subject to adjustment. [Read the full article]


A full recap of Todd’s experience at Milken can be found here.#pagination-container {display:none;}; < Previous 1 Next > View As One Page (1) Comments No positions in stocks mentioned. Click Here to read the disclaimer > Follow Us On Twitter Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. [Read the full article]

David Gardner called Netflix in 2004 at $15.42. He up 546% as of April 23rd. See what David recommending that you buy NEXT. Together, we are all trying to build our fortune by finding well-run companies at bargain-basement prices. But it takes work -- scouring company earnings reports, scrutinizing key data, and assessing the competition. Because of that, we've created a screen based on the massive data aggregated from the more than 160,000 investors competing on our Motley Fool CAPS platform. Each quarter, we check in on select companies after they file a 10-Q and track community sentiment -- so you can see how your company is doing. Here's the community sentiment on Magellan Health Services (Nasdaq: MGLN) both this quarter and last (for comparison), as well as opinions on some related companies. Source: Motley Fool CAPS. Dates given are the posting dates of Magellan Health Services' most recent quarterly and/or annual reports to the SEC's website. [Read the full article]

TAMPA, Fla.--(BUSINESS WIRE)--WellCare Health Plans, Inc. (NYSE: WCG - News) today announced the promotion of Michael L. Cotton to the newly created position of president, national health plans. In this role, Mr. Cotton will lead all of the Company health plan market operations to facilitate the implementation of WellCare top priorities, with an emphasis on health care quality and access as well as medical and administrative cost management. He will also facilitate growth and business expansion of WellCare health plan businesses and work to further strengthen compliance and government relations. Mr. Cotton will continue to report to Alec Cunningham, chief executive officer of WellCare

“We are delighted that Mike is taking on this expanded role,” said Mr. Cunningham. [Read the full article]