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Sunday 31 January 2016
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(APC) (MOH) (GS) Active News Update: Anadarko Petroleum (NYSE:APC), Molina Healthcare, (NYSE:MOH), Goldman Sachs Group (NYSE:GS)

(APC) (MOH) (GS) Active News Update: Anadarko Petroleum (NYSE:APC), Molina Healthcare, (NYSE:MOH), Goldman Sachs Group (NYSE:GS)

On Tuesday, Shares of Anadarko Petroleum Corporation (NYSE:APC), lost -0.70% to $70.58. The stock attained the volume of 2.96 million shares.

Anadarko Petroleum Corporation (APC) will host a conference call on Wednesday, Oct. 28, 2015, at 8 a.m. CDT (9 a.m. EDT) to talk about its third-quarter 2015 financial and operating results. Earnings will be released after close of market on Tuesday, Oct. 27. The full text of the release will be accessible on the company’s website at www.anadarko.com.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing.

At the end of Tuesday’s trade, Shares of Molina Healthcare, Inc. (NYSE:MOH), inclined 2.90% to $69.12.

Molina Healthcare, Inc. (MOH) and Loyola Physician Partners, LLC, (Loyola) jointly declared recently that Molina Healthcare of Illinois, Inc., a wholly owned partner of Molina Healthcare, Inc., has entered into a definitive agreement to acquire certain assets regarding Loyola Physician Partners’ Medicaid business in the State of Illinois. As a part of the transaction, Molina Healthcare of Illinois will receive the right to transition Loyola’s Medicaid members in Cook County and assume certain assets related to the operation of the Medicaid business. Molina Healthcare of Illinois will fund the transaction with accessible cash on hand. Subject to regulatory approvals and the satisfaction of other conditions, the closing of the transaction is predictable to occur in the first quarter of 2016.

Loyola, through the Accountable Care Entity Loyola Family Care, provides a medical home for about 20,000 members in the Medicaid Family Health program in Cook County. Solely owned by the Loyola University Health System (LUHS), Loyola’s provider network comprises Loyola University Medical Center, Gottlieb Memorial Hospital, LUHS employed physicians, associated physicians, Pillars, Proviso Township Mental Health Commission, and Catholic Charities of the Archdiocese of Chicago.

“We look forward to further expanding our services into the Chicago area and welcoming Loyola’s members to the Molina Healthcare family,” said Cathy Harvey, president of Molina Healthcare of Illinois. “We are committed to working with Loyola’s extensive provider network to ensure that our new members receive the highest level of care possible. This agreement with Loyola builds upon our existing operations within the state to further reinforce our commitment to the Medicaid program in Illinois.”

Molina Healthcare, Inc. provides Medicaid-related solutions to meet the health care needs of low-income families and individuals; and to assist state agencies in their administration of the Medicaid program.

Finally, Shares of Goldman Sachs Group Inc (NYSE:GS), ended its last trade with 0.45% gain, and closed at $181.05.

Goldman Sachs (GS) is recognizing Michael Mente and Mike Karanikolas, Co-Founders of REVOLVE as one of the 100 Most Intriguing Entrepreneurs of 2015 at its Builders + Innovators Summit in Santa Barbara, California, October 14-16.

Goldman Sachs has selected Mente and Karanikolas as part of 100 entrepreneurs from multiple industries to be honored at the two-day event.

The two started REVOLVE back in 2003 and have since successfully grown the company to a premier destination for an unrivaled collection of the world’s most-coveted established and emerging designers. REVOLVE is also the sister site to FORWARD by Elyse Walker and recently attained Alliance Apparel Group, the LA based fashion group behind best-selling brands Lovers + Friends, Tularosa, NBD, RAYE, Privacy Please and L’Academie. Through their combined businesses, Mente and Karanikolas are now providing customers in 150 countries with direct access to the brands they love most, spanning the contemporary and luxury sectors.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment administration company worldwide. The company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Administration.

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