Humana said that profit fell as it invested in the Obamacare health exchanges and health contracts, and paid for costly hepatitis C treatments.» Read More
It was a mixed day, which started poorly with a big earnings warning from HMO Coventry, as well as Burlington Northern and Smucker's, which noted higher soybean oil and wheat costs were hurting their bottom line.
After the close today, Coventry Health Care slashed its Q2 and full-year earnings guidance due to increasing cost pressures. Coventry’s stock was halted after hours before starting again. Meanwhile, other healthcare stocks are trading sharply lower in after hours trading following the news.
I had a visit on Power Lunch today and we talked about the effect on the health care stocks depending on who wins the White House. In general, pharmaceutical companies do well when they have a new product pipeline of innovative products that allow them to command high prices.
The Dow ended higher Tuesday led by technology companies as a sharp drop in crude oil prices rekindled hopes of increased consumer and business spending on tech gear...
Following are the day’s biggest winners and losers. Find out why shares of Humana and Medtronic popped while DryShips and J.C. Penney dropped.
Following are the day’s biggest winners and losers. Find out why shares of Apple and Sysco popped while Goodyear Tire and Alberto-Culver dropped.
It's a booyah-free zone. There goes Swifty!
A couple of days ago, I ran a screen of tech stocks that have been beaten down in the past few months but have projected double digit growth. Here is the same screen applied to the S&P 500 constituents...
Enthusiasm for the Federal Reserve's actions to stem the credit crunch propelled the Dow Jones Industrial Average to a higher close Monday, a day when everyone expected a rout due to weekend fire sale of Bear Stearns.
The Dow Jones Industrial Average pared its losses Monday as the sell-off spurred by the fire sale of Bear Stearns wasn't as bad as expected.
Stocks plunged at the opening bell Monday as investors were spooked by the cash crisis at Bear Stearns that forced its sale for $2 a share to JP Morgan Chase.
For the week ending Friday, March 14, 2008 the US Markets ended mixed. Market moving events include the Fed's $200B expansion of its securities lending program and the Bear Stearns bailout, amongst others leading to extreme market volatility. The Dow gained 417 points on Tuesday, only to lose the majority of its gains to close up only 0.48% for the week. The VIX crossed 30 for the first time since January. Next week, the markets will watch for the the FOMC announcement on interest rates Tuesday, the Visa IPO on Wednesday, and a slew of brokerage earnings including Goldman Sachs, Lehman Brothers, Morgan Stanley and possibly Bear Stearns.
With stocks sharply lower today, shareholders need to protect their portfolios. So what are some of the best defensive stock picks? CNBC asked the experts.
What's the prescription for fast money as the ailing healthcare industry seeks the antidote to a miserable case of stock decline?
Health insurer Humana slashed its first-quarter earnings forecast by nearly half Wednesday based on new projections for its Medicare plans for the elderly that provide prescription drug coverage.
U.S. stock index futures pointed to a broadly flat open for Wall Street Wednesday, following the previous session's huge rally, as investor enthusiasm at the prospect of more liquidity and looser collateral rules by the Federal Reserve started to dwindle.
So the only thing that matters here is whether we have broken the back of the "sell the rally" trade that has been so successful for the past two months. It's too early to tell.
The Lightning Round is extended in this new CNBC.com exclusive feature.
Following are the day’s biggest winners and losers. Find out why shares of U.S. Steel and Thornburg Mortgage popped while UnitedHealth and Dick's Sporting Goods dropped.
Stocks shot up Tuesday after a liquidity announcement from the Federal Reserve.