U.S. stocks traded higher Thursday as the Dow Jones Industrial Average recently rose 100.1 points to 12514.8, the Standard & Poor's 500-stock index added 7.1 points to 1322.24 and the Nasdaq Composite gained 7.5 points to 2852.2. Among the companies whose shares are trading actively are Molina Healthcare Inc. (MOH) and Navistar International (NAV) and Lululemon Athletica Inc. (LULU).
Medicaid insurers in Texas may come under pressure after one of them, Molina Healthcare ($18.26, -$7.50, -29.11%), pulled its 2012 earnings guidance while disclosing problems with costs exceeding incoming premium revenue in some recently added regions of the state. While Molina has a "disproportionately higher share" of the affected members in those areas, Wells Fargo said the news also could raise concerns for the likes of Centene Corp. (CNC, $32.09, -$5.25, -14.05%), Amerigroup Corp. (AGP, $60.75, -$2.31, -3.66%) and WellCare Health Plans Inc. (WCG, $54.32, -$2.89, -5.05%), which all were trading lower Thursday.
Navistar International Corp. ($23.24, -$4.91, -17.44%) swung to a surprise fiscal second-quarter loss as warranty costs for truck engines and a host of other charges weighed on the truck maker's results, prompting the company to lower its earnings guidance for the year and reorganize its executive-management team.
Lululemon Athletica Inc. ($63.94, -$6.08, -8.68%) again topped Wall Street forecasts in its fiscal first quarter, yet shares of the yoga-products company tumbled in New York on a weaker-than-expected outlook for the current quarter. Independent analyst Brian Sozzi said he isn't surprised by the cool fiscal second-quarter view, adding Lululemon "is facing an uphill battle expanding beyond core yoga gear, entering the competitive waters dominated by Nike Inc. (NKE, $106.98, -$0.09, -0.08%) and Under Armour Inc. (UA, $98.83, -$2.52, -2.49%) http://online.wsj.com/article/BT-CO-20120607-712210.html
Market Data 
Markets 
AI
