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Movers: Yahoo, Microsoft, Circuit City, Family Dollar Stores, UnitedHealth, Apollo
The Wall Street Journal reports that Microsoft is positioning itself for a new run at Yahoo's search business and has approached media firms, including Time Warner and News Corp.
UnitedHealth trying to regroup for an uncertain future
In an attempt to put that messy options back-dating business behind it, yesterday UnitedHealth Group settled with CalPERS and other class action suit members.
UnitedHealth settles suits over backdating
MINNETONKA, Minn.-UnitedHealth Group Inc. last week lowered its 2008 earnings projections more than 15%, said it plans to eliminate 5% of its workforce and will pay hundreds of millions to settle options ...
UnitedHealth shares dip to 2003 levels
Shares of UnitedHealth Group dropped to nearly a five-year low Thursday, a day after the company announced plans to cut 5 percent of its work force and a lower profit growth forecast for 2008.The Minnetonka, ...
Investing Insights: UnitedHealth, First of the Earnings Warnings?
So far, it's been a relatively quiet week on Wall Street. But the calm is deceptive because the market is going through a crucial quarterly waiting period, right after the end of the quarter but before ...
Option Update: UnitedHealth volatility elevated into lower financial outlook
UnitedHealth lowered FY 2008 EPS view to $2.95-$3.05 from $3.55-$3.60. UNH says: "During the second quarter, our risk-based business produced a lower level gross margin than expected." UNH July option implied ...
Business Highlights: GM shares fall below $10 for first time since '54
NEW YORK -- General Motors Corp. shares plunged Wednesday to close below $10 for the first time in more than a half century.
The negative wealth effect is having a negative health effect. On Wednesday, UnitedHealth lowered its second-quarter and 2008 earnings estimates for the second time in three months, citing penny-pinching ...
UnitedHealth Group Revises 2008 Financial Outlook
UnitedHealth Group announced today a revision in its outlook for 2008, following an assessment of preliminary second quarter 2008 results and recent business trends.
Public relations, press release distribution, investor relations, SEC filing
As a leading provider of Oracle E-Business Suite solutions, Unitask Software today announced the appointment of Dale D. Royal as Chief Executive Officer - [ more ] 07/03/2008 - 10:34 AM CHICAGO-- --Fitch ...
Unitedhealth Cuts 2008 Outlook; to Pay $895 Million to Settle Options Lawsuit
UNH Stock Quote - Unitedhealth Group Inc Stock Quote - UNH Quote - UNH Stock Price Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp.
UnitedHealth Group To Focus On Regional Health Insurance Coverage
UnitedHealth Group on Wednesday lowered its earnings guidance because of reduced commercial businesses and higher-than-expected Medicare-related costs and said it would restructure the company with a greater ...
UnitedHealth Group Inc.'s Earnings Guidance and Settlements Generates Comments
A.M. Best Comments on UnitedHealth Group Inc.'s Earnings Guidance and Settlements OLDWICK, N.J.-- July 03, 2008 --A.M. Best Co.
Oil prices flat ahead of US inventory report
Oil prices were flat Wednesday ahead of weekly U.S. inventory reports and after Iran's oil minister said the country would not cut oil deliveries even if it were attacked by Israel or the United States.
Fiserv grows; UnitedHealth to cut jobs
UnitedHealth Group said Wednesday that it will cut about 4,000 jobs, but the move will not affect the company's profitable Wichita office, leaders here said.
S&P Lowers UnitedHealth Outlook To Negative From Stable
Think telemarketer. Except, it's much worse because you can't avoid this call. Instead, when you get one, it's time to pay up, because the bet you placed with borrowed money is eating itself.
Coughlin Stoia's Backdating Bet Pays Big With UnitedHealth's $895 Million Settlement
In what is likely to be a windfall for a top California plaintiffs firm, UnitedHealth Group announced it would pay a whopping $895 million to settle a securities class action over stock option backdating.
UnitedHealth Group Incorporated Company Profile - View UnitedHealth Group Incorporated Company Information UnitedHealth Group Incorporated > **All UnitedHealth Group Incorporated profile data provided by ...
UnitedHealth, Starbucks, Apollo among big movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE UnitedHealth Group Inc., up 3 cents at $25.66 The health insurer will cut at least 4,000 ...
Health insurer UnitedHealth Group Inc. lowered its 2008 profit outlook on Wednesday, citing reduced commercial business and higher-than-expected Medicare-related costs.