HONG KONG, Aug 27- Hong Kong shares finished lower on Wednesday, hit by afternoon session losses as investors took profit on recent outperformers and sold shares in companies with weak earnings. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong was down 0.5 percent, snapping a three-day winning streak.» Read More
German reinsurer Munich Re issued a profit warning on Friday, saying turmoil in global markets would hurt its second-quarter profit and result in a lower than forecast profit for the year as a whole.
Worried about your bank failing? Here's how to make sure you are protected.
More than ten years after Pfizer brought Viagra to market and brought erectile dysfunction out of the closet a new survey says a lot of men are still too embarrassed to talk about impotence with their doctor.
Big pharma makes strange bedfellows. Pfizer, Merck and Eli Lilly this morning announced they've launched a joint venture of sorts called, "Enlight Biosciences". They're doing it with the help of the Boston-based VC firm PureTech Ventures.
Warren Buffett's reputation as a technophobe may be cracking. Today he told CNBC he'll "probably" get an Amazon Kindle as he "edges" into the 21st century. See the video clip and read the transcript of Julia Boorstin's Sun Valley conversation with Buffett about technology, the economy, Berkshire's stock slide, and Barack Obama's chances in November.
Insurance Australia Group, Australia's top home and car insurer, announced a partial exit from its struggling UK operations, taking a charge of $333 million in fiscal 2008.
The state of Florida has reluctantly agreed to pay Warren Buffett's Berkshire Hathaway $224 million now, in exchange for a promise it will be able to borrow $4 billion from Berkshire later, if the state gets severely slammed by hurricanes this year.
Aetna shares dropped 5 percent and Health Net tumbled 10 percent after a Goldman Sachs analyst slapped "sell" ratings on the two health insurers' stocks Thursday.
Ping An Insurance on Thursday denied rumors that it was facing problems related to a tax audit, after its shares in both Hong Kong and Shanghai tumbled 10 percent the previous day.
In the world of nearly 400 publicly-traded biotechs, analyst coverage is especially important. Many of the firms are micro caps and when an analyst initiates coverage it can help put a baby biotech on investor and reporter radar screens.
UnitedHealth Group on Wednesday slashed its full-year earnings outlook because of tough competition in the health benefits business and said it would pay more than $900 million to settle lawsuits related to past stock options practices.
American International Group said it paid a $47 million severance package to former Chief Executive Martin Sullivan.
U.S. property insurers face more than $5 billion in second-quarter disaster-related claims as bad weather such as extreme rain in the Midwest and New York weigh, the Wall Street Journal reported Monday.
As oil hit a staggering high of $142 a barrel, and stocks flirt with a bear market, CNBC visited the Chicago Mercantile Exchange to discuss the overall economic picture and the state of U.S. business.
Credit Suisse is out today with a "fat" report on obesity. Nearly 200 pages. But besides its size, the research also stands out as one of the most unique pieces of Wall Street analysis I've ever seen.
As much as I tried to disconnect during my vacation last week, I couldn't escape the ubiquitous presence of pharmaceuticals in our everyday lives...
We touched on a lot this week. From your frustrations with the housing market to navigating the jungle of health benefits, check out what's happening On the Money.
Moody's Investors Service on Thursday stripped the insurance arms of Ambac Financial Group and MBIA of their AAA ratings, citing their impaired ability to raise capital and write new business.
Robert Willumstad, chief executive at American International Group, said he had a "positive" first meeting with former CEO Maurice "Hank" Greenberg on Thursday.
You need health insurance, period. So why do employers make it so painstaking to figure out?
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