TAMPA - Shares in Wellcare Health Plans were hammered this morning, dropping more than $60 at one point in heavy trading on the New York Stock Exchange, as investors fled the stock after a federal raid on the company Wednesday. At 11 a.m. shares were down $60.53, or more than 50 percent, to $54.64. ...more

October 25, 2007

TAMPA - A national insurance company's local office is the subject of an FBI raid today, authorities said. WellCare Health Plans Inc. issued a brief statement Wednesday afternoon acknowledging that state and federal officials executed a search warrant at the company's Tampa headquarters earlier in the day. ...more

October 24, 2007

'We who are about to die salute you.' A wary Art Cashin heard this phrase in its original Latin - morituri te salutamus - from a fellow trader and student of the classics early on a day 20 years ago that would earn the ignoble title Black Monday and serve as a lesson about the fragility of rising stock markets. ...more

October 19, 2007

St. Joe Co., Florida's largest private landowner afflicted by the worst housing slump in 16 years, plans to eliminate more than 75 percent of its work force, sell about 100,000 acres and scrap its dividend. ...more

October 9, 2007

Wall Street fell moderately Monday as investors anxiously awaited the Federal Reserve's impending decision on interest rates. ...more

September 18, 2007