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Blue chips finished higher for a third straight session after an unexpected increase in January retail sales. Technology stocks rallied after chip-equipment maker Applied Materials beat earnings forecasts.
The New York Attorney General's Office said it plans to file suit against Ingenix, its parent UnitedHealth Group, and three additional subsidiaries, as part of an investigation into a "scheme by health insurers to defraud consumers by manipulating reimbursement rates."
Following are the day’s biggest winners and losers. Find out why shares of JC Penney (JCP) and Sony (SNE) popped while Unilever (UN) and Aetna (AET) dropped.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
After beating their own benchmark index for the last five years, Standard & Poor’s equity research team is betting on the biggest U.S. jam maker and the Magic Kingdom, among 40 companies in this year’s PowerPicks stock portfolio, to outperform again in 2008.
H&R Block, the largest U.S. tax preparer, said that Chairman and Chief Executive Mark Ernst had resigned, following mounting losses tied to subprime mortgages.
The health insurers are poised to breakout ahead of Cigna earnings this Friday.
Some positive earnings news is putting a floor under stocks but economic news and credit worries could be the ceiling. Durable goods data this morning showed signs of weakness, but new home sales rose a 4.8% to 770,000, a positive pickup after a decline in August. Forecasts were for 775,000 units.
Aetna on Thursday posted a better-than-expected third-quarter profit as membership increased, and the health insurer raised its full-year forecast.
As the push for universal health care in the U.S. heats up on Capitol Hill, market experts say generic drug stocks and pharmaceutical distributors should perform well, while the hit to big pharma may not be as bad as some anticipate.
Aetna Thursday posted a 16% rise in second-quarter earnings as enrollment increased, and the No. 3 U.S. health insurer raised its full-year forecast.
Ronald Williams, chairman and chief executive officer of Aetna, said meeting the needs of its private customers –- not government reimbursements –- boosted first-quarter earnings.
Aetna reported an 8% rise in first-quarter profit on Thursday, helped by an increase in enrollment and improved operating cost controls, and the health insurer raised its 2007 forecast.
WellPoint reported higher first-quarter profit on Wednesday, helped by gains in membership.
Southwest CEO Gary Kelly played down recent speculation that the airline is a leveraged buyout candidate. “I don’t think it makes any sense to leverage $9 billion of additional debt on an airline like Southwest," Kelly said on CNBC's "Squawk Box."
Health insurer Aetna said in a filing with the Securities and Exchange Commission that it will reaffirm its earnings outlook during phone calls with analysts and investors on Friday.
Health insurer UnitedHealth said Tuesday charges to correct accounting for backdated stock option grants reduced profit by $1.55 billion.
Health insurer Aetna said Thursday that fourth-quarter profit rose, helped by higher enrollment.