Shares of Plexus Corp. (NASDAQ: PLXS) rallied 7.77% by afternoon trade. The contract electronic manufacturer, late last evening, handed better-than-expected revenue for the fiscal third quarter, aided by strong performance of its healthcare business. The company also provided upbeat revenue outlook for the current quarter.
Continue reading Major Movers on July 18; PLXS, SCSS, XLNX, EBAY, UNH
Diversified healthcare services provider, UnitedHealth Group Inc. (NYSE: UNH) reported on Thursday that its fiscal second-quarter net income rose 7.4%, aided by higher membership which helped driving up the top line growth.
Continue reading UnitedHealth Group Tops Q2 Earnings Estimate (UNH)
Shares of Linn Energy LLC (NASDAQ: LINE) rallied about 12% by mid-day trade. Bank of America Merrill Lynch upgraded the oil and gas firm’s rating to “buy” from “neutral”, citing company’s attractive valuation and said that cash flows are sustainable.
Continue reading Major Movers on July 8; LINE, TRQ, SNTS, UNH, FB
Humana Inc. (NYSE: HUM) reported better-than-expected fiscal first quarter earnings on Wednesday; however, the Company said it was bothered about 2014, when lower government rates for private Medicare insurance would come into effect.
Continue reading Humana Boosts Full-year Earnings Guidance (HUM)
Shares of healthcare service providers rallied on Tuesday after the government announced new rates which showed that companies running Medicare Advantage plans will get considerable more money than originally expected. Shares of Dow Component, United Health Group (NYSE: UNH) climbed about 5% by afternoon trade while Humana Inc. (NYSE: HUM), Cigna Corporation (NYSE: CI), Aetna Inc. (NYSE: AET), WellPoint Inc (NYSE: WLP) also jumped.
Continue reading Major Movers on April 2; UNH, HUM, CI, AET, WLP, GRPN, SCVL, URBN, HTZ
America’s largest private health insurer, UnitedHealth Group (NYSE: UNH) said in its regulatory filing on Monday that it expects 2013 earnings to fall short of Street’s estimate due to weak business environment and looming threat of cuts in healthcare program.
Continue reading UnitedHealth Group Slashes Outlook on Fiscal 2013 Earnings (UNH)
UnitedHealth Group Inc. (NYSE: UNH) Director Edson Bueno, earlier this month, bough 8,416,905 shares of UNH common stock.
Continue reading UnitedHealth Group Director Buys 8,416,905 Shares (UNH)
Minnesota-based health and well-being company, UnitedHealth Group Inc. (NYSE: UNH) announced today that it had agreed to acquire a 90% stake in the largest health care company in Brazil, Amil Participacoes S.A. The acquisition allows UNH to expand overseas.
Continue reading UnitedHealth Group to Acquire 90% Stake in Amil Participacoes (UNH)