UnitedHealth Group Inc
CVS posts big earnings miss, cuts profit outlook on higher medical costs
A person walks by a CVS Pharmacy store in Manhattan, New York, on Nov. 15, 2021. Andrew Kelly | Reuters CVS Health on Wednesday reported first-quarter revenue and adjusted earnings that missed expectations and slashed its full-year profit outlook, citing higher medical costs that are dogging the U.S. insurance industry. Shares of the company dropped […]
Read More
Cyberattack on UnitedHealth firm forces doctors to dig into personal savings to stay afloat
Omar Marques | Lightrocket | Getty Images On a Sunday in early March, Dr. Angeli Maun Akey noticed something peculiar while making payroll for her private practice in Gainesville, Florida: She was missing $19,000. Akey owns and operates a primary care practice that serves around 3,500 patients in the area, many of whom suffer from […]
Read More
Healthy Returns: Biotech IPOs ramped up to start 2024, but the market hasn’t fully recovered just yet
Angelp | Istock | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good morning! After a two-year dry spell, initial public offerings by biotech companies showed signs of life during the first three months of 2024. But it’s too early to say that […]
Read More
UnitedHealth paid ransom to bad actors, says patient data was compromised in Change Healthcare cyberattack
Omar Marques | Lightrocket | Getty Images UnitedHealth Group on Monday said it paid a ransom to cyber threat actors to try and protect patient data, following the February cyberattack on its subsidiary Change Healthcare. The company also confirmed that files containing personal information were compromised in the breach. “This attack was conducted by malicious threat actors, […]
Read More
Asia marketplaces blended after Tuesday’s wide provide-off Singapore exports plunge a lot more than expected
Buildings in the central company district in Singapore, on Wednesday, Feb. 14, 2024. Singapore’s economic climate expanded by a somewhat extra modest pace than to begin with envisioned in 2023, as manufacturing action contracted and services expansion slowed. Nicky Loh | Bloomberg | Getty Pictures Asia-Pacific markets were being blended right after Tuesday’s wide provide-off, […]
Read More
Stock futures inch larger just after the S&P 500 registers 3rd straight getting rid of working day: Reside updates
Marketplace information and facts is shown on screens as a trader operates on the buying and selling ground at the New York Stock Exchange on April 4, 2024. Andrew Kelly | Reuters U.S. stock futures ticked increased on Tuesday night just after the S&P 500 notched its third straight working day of losses. Futures tied […]
Read More
Shares making the biggest moves midday: UnitedHealth, SolarEdge, Financial institution of The usa, Tesla and much more
Test out the corporations making headlines in midday trading. UnitedHealth — Shares climbed additional than 6%, solitary-handedly pushing the Dow Jones Industrial Average higher on Tuesday. UnitedHealth posted superior-than-predicted first-quarter profits and reaffirmed its total-yr earnings forecast of $27.50 to $28 for every share excluding things. Analysts polled by FactSet forecast $27.50. Johnson & Johnson […]
Read More
Healthy Returns: U.S. drug shortages reach record high, hitting Wegovy, ADHD medications
Boxes of Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024. Hollie Adams | Reuters Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good afternoon! Drug shortages in the U.S. are at a record high, leaving countless patients […]
Read More
Shares building the most important moves premarket: Morgan Stanley, UnitedHealth, Are living Country and far more
Verify out the organizations making headlines just before the bell. UnitedHealth — Shares popped about 7% after the health care giant posted improved-than-anticipated profits in its initial-quarter benefits on Tuesday, with growth of near to 9% from $91.9 billion in the exact interval past calendar year. UnitedHealth reported altered earnings of $6.91 per share on revenue […]
Read More
Johnson & Johnson tops quarterly profit estimates as medical device sales jump
An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Johnson & Johnson on Tuesday reported first-quarter adjusted earnings that topped Wall Street’s expectations as sales in its medical devices business surged. Meanwhile, the company’s total revenue for the […]
Read More