Stocks were mixed on Wednesday with Wall Street on uncertain footing on when to expect the Federal Reserve to start cutting stimulus.» Read More
"This is a stock-picking market right now, and if you do it right there's a lot of money to be made," Rosecliff Capital's Mike Murphy says.
Oct 17- UnitedHealth Group Inc on Thursday predicted a tough year in 2014 because of government funding cuts to its private Medicare business, dragging down its shares and those of its competitors.
Just as the market breathed a sigh of relief as a debt-limit agreement was reached on Wednesday evening, it was socked in the jaw by earnings from Dow component IBM.
Some of the names on the move ahead of the open.
Oct 17- UnitedHealth Group Inc said on Thursday that its third-quarter profit rose about 1 percent as the enrollment of an additional 275,000 people in its health insurance plans offset higher operating costs in its private Medicare business.
Oct 17- UnitedHealth Group Inc said on Thursday that its third-quarter profit rose about 1 percent, helped by the enrollment of an additional 275,000 people in its health insurance plans. UnitedHealth said it had narrowed its outlook for 2013 earnings to a range of $5.40 to $5.50 per share and forecast revenue of $122 billion.
With Washington's debt battle over, markets will quickly shift focus to earnings and how much the government shutdown actually impacted the economy.
UnitedHealth, the nation's largest health insurer, kicks off third-quarter earnings for the major carriers. What will the results say about 2014?
As they navigate the Obamacare exchanges, health insurers are expressing cautious optimism about enrollment, despite the ongoing technology problems.
The "Fast Money" traders share their final trades of the day.
Stocks finished broadly lower Thursday, with the Dow closing below the psychologically-important 15000 mark, after gunshots were fired outside the Capitol building and as the government shutdown dragged into a third day.
Oct 2- Patients and investors gauging the impact of President Barack Obama's healthcare reform law on hospitals, clinics and other providers need look no further than Tenet Healthcare Corp, the country's No. 3 for-profit hospital chain.
CHICAGO, Sept 30- One of the most difficult terms to understand in long-term investing nowadays is "new normal." Coined by PIMCO Chief Executive Mohamed El-Erian, it means the "world of muted growth" that followed the 2008 meltdown. And although stock returns have been strong this year, down the road, the "new normal" will largely be driven by demographic forces.
Companies with the lowest cost structures will likely do well, Josh Raskin says.
Private health insurance exchanges look like the wave of the future—and investors soon could be surfing to profits.
NEW YORK, Sept 18- Walgreen Co, the largest U.S. drugstore, is moving 120,000 employees to a private health insurance exchange where they can choose a plan from multiple insurers, a sign of the shifting landscape for corporate healthcare because of rising costs.
*Goldman Sachs, Visa, Nike new members of century-old average. NEW YORK, Sept 10- In the biggest shake-up of the Dow Jones industrial average in nearly a decade, Goldman Sachs, Visa and Nike will join the storied 30- stock index, with Bank of America, which just two years ago was the largest U.S. bank by assets, one of the names exiting the Dow.
Although history shows that new companies added to the blue-chip index generally outperform, there are a few notable exceptions.
NEW YORK, Sept 10- In the biggest shake-up of the Dow Jones industrial average in nearly a decade, Goldman Sachs, Visa and Nike will join the blue-chip index, replacing three companies whose stock prices were considered too low, including Alcoa, which ends more than half a century of membership.
NEW YORK, Sept 10- Investment bank Goldman Sachs Group Inc, credit card company Visa Inc, and footwear maker Nike Inc will join the blue-chip Dow Jones Industrial Average, the index managers said Tuesday, in the biggest shake-up for the 30- stock average in nearly a decade.