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Magellan Health Services (MGLN) names board member and industry veteran Barry Smith as CEO to...

Magellan Health Services (MGLN) names board member and industry veteran Barry Smith as CEO to replace Rene Lerer, who will become executive chairman on Jan 1. Magellan reiterates its 2012 guidance but predicts 2013 EPS of $3.22-$3.85, below analyst expectations of $4.24; revenue is forecast at $3.56-$3.74B vs $3.64B. (PR)
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