Some of the names on the move ahead of the open.» Read More
*Tech results lift Nasdaq futures, Apple and Facebook rally. *Attention on Apple after announcing seven-for-one stock split. NEW YORK, April 24- U.S. stock index futures were higher on Thursday, with Nasdaq futures jumping more than 1 percent following a pair of blowout results from technology stalwarts Apple and Facebook.
April 24- Aetna Inc said on Thursday that first-quarter net income rose 36 percent as it added people in its Medicare and commercial business, which includes customers from insurance exchanges created under President Barack Obama's signature healthcare law.
Its results breezed past analysts' expectations, and Aetna shares jumped more than 4 percent in premarket trading. It administers Medicaid, the state and federally funded program that covers the needy and disabled people, and it offers Medicare Advantage plans. Overall, Aetna earned $665.5 million, or $1.82 per share, in the quarter that ended March 31.
April 24- Aetna Inc., the third-largest U.S. health insurer, said on Thursday that first-quarter profit rose as it added new members, and it raised its outlook for the year. Aetna reported net income of $665.5 million, or $1.82 per share, up from $490.1 million, or $1.48 per share, a year earlier. Excluding special items, the company reported earnings of $1.98 per share.
General Motors 1 Q profit falls to lowest level since 2009 as recall costs weigh on income Verizon 1st- qtr profit jumps, helped by acquisition of Vodafone's stake in Verizon Wireless United Airlines can't bring in enough revenue to cover its costs; still struggling with merger Global stocks mostly higher, Tokyo shares down after trade deal not struck during Obama visit FCC to propose pay-for-priority Internet access rules that protect competition, free speech Feds propose e-cigarette regulations, including banning sales to minors, new product approval Orthopedic device maker Zimmer buying Biomet in cash-and-stock deal valued at about $13.35 B 3 M 1 Q profit, revenue rise but miss analysts' expectations; maintains full-year profit outlook Aetna's 1st- quarter profit jumps 36 percent, health insurer also hikes 2014 earnings forecast Swiss drug maker Novartis gets new drug boost in Q1
Cigna Corp. rose$. 08 or. 1 percent, to $77.36. Humana Inc. fell$. 01 or percent, to $107.87. UnitedHealth Group fell$. 43 or. 6 percent, to $75.33.
WASHINGTON— Commerce Department releases durable goods for March, 8:30 a.m. Eastern time. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m..
Cigna Corp. rose$. 21 or. 3 percent, to $77.49. Humana Inc. rose$. 68 or. 6 percent, to $108.56. UnitedHealth Group fell$. 56 or. 7 percent, to $75.20.
Cigna Corp. fell$. 62 or. 8 percent, to $76.66. Humana Inc. fell $1.51 or 1.4 percent, to $106.37. UnitedHealth Group fell$. 18 or. 2 percent, to $75.58.
Cigna Corp. rose$. 66 or. 9 percent, to $76.30. Humana Inc. rose$. 64 or. 6 percent, to $105.38. UnitedHealth Group fell$. 83 or 1.1 percent, to $74.95.
Cigna Corp. rose$. 81 or 1.1 percent, to $76.45. Humana Inc. rose$. 84 or. 8 percent, to $105.58. UnitedHealth Group fell$. 24 or. 3 percent, to $75.54.
Cigna Corp. rose$. 65 or. 9 percent, to $76.29. Humana Inc. rose$. 37 or. 4 percent, to $105.11. UnitedHealth Group rose$. 36 or. 5 percent, to $76.14.
Health insurers that easily outpaced the broader market in trading last year nosedived this week after UnitedHealth released shaky first-quarter earnings. Earnings at UnitedHealth slumped 8 percent in the most recent quarter as it juggled funding cuts to Medicare Advantage plans and new costs from the health care overhaul.
April 17- UnitedHealth Group Inc, the largest U.S. health insurer, said on Thursday it has spent more than $100 million to cover a pricey new hepatitis C drug from Gilead Sciences Inc, a higher cost than it expected by "multiples," sending shares in the sector lower.
The market appeared set Thursday morning for its fourth-consecutive positive open this week, but immediately turned negative as investors sold shares in Google and IBM. Earnings from toy maker Mattel and insurer UnitedHealth also dragged down the market. While big drops in IBM and UnitedHealth helped keep the Dow Jones industrial average in the red.
ALBANY, N.Y.— New York financial regulators report an agreement with Aetna Life Insurance Co. to pay $500,000 for using group life insurance policy forms that didn't include required information notifying policyholders of certain rights and benefits.
Cigna Corp. fell$. 55 or. 7 percent, to $76.78. Humana Inc. fell$. 85 or. 8 percent, to $108.80. UnitedHealth Group fell $1.32 or 1.7 percent, to $78.19.
Cigna Corp. fell$. 39 or. 5 percent, to $76.94. Humana Inc. fell $1.02 or. 9 percent, to $108.63. UnitedHealth Group fell $1.57 or 2.0 percent, to $77.95.
Cigna Corp. fell$. 32 or. 4 percent, to $77.01. Humana Inc. fell$. 65 or. 6 percent, to $109.00. UnitedHealth Group fell$. 94 or 1.2 percent, to $78.57.
Cigna Corp. rose$. 24 or. 3 percent, to $77.35. Humana Inc. rose $1.09 or 1.0 percent, to $109.25. UnitedHealth Group rose$. 23 or. 3 percent, to $79.18.