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Stocks fell Wednesday as investors mulled the slowdown in Europe and earnings from retailers.
Stocks edged higher on Monday as investors tracked corporate results as the earnings season starts to wind down.
*Disney falls after results, Salix plummets. "Any kind of change in how the healthcare law is interpreted is going to affect healthcare stocks, probably insurers first," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh. Hospital operator Tenet Healthcare fell 6.5 percent to $47.85 while managed care facilities operator...
Stocks were little changed after data had creation of 214,000 jobs in October.
Members under the Medicaid health plans increased 28 percent to 2.3 million in the quarter ended Sept. 30, driven by additions in Florida, Kentucky and Georgia under the federal health insurance program for lower-income people, Wellcare said. Medicaid expansion has also helped other insurers such as UnitedHealth Group Inc, Centene Corp and Cigna Corp..
Want to know what's giving health stocks confidence in profit forecasts? Like it or not, it's the Affordable Care Act, aka Obamacare.
Members under the Medicaid health plans rose 28 percent to 2.3 million as Florida, Kentucky and Georgia added more to the federal health insurance program for lower-income people. The expansion of Medicaid also helped other insurers such as UnitedHealth Group Inc, Centene Corp and Cigna Corp.. WellCare's medical benefit expenses rose 40 percent to $3...
Oct 30- U.S. insurers planning to sell 2015 Obamacare health plans expect at least 20 percent growth in customers and in some states anticipate more than doubling sign-ups. With the start of enrollment barely two weeks away, their assessment is dramatically different from a year ago, when it was unclear how many Americans would apply for the brand new insurance...
Oct 28- Aetna Inc, the third-largest U.S. health insurer, said on Tuesday it expects 2014 medical costs to increase at the high end of its forecasts, underpinning investor concerns that years of stabilized medical use could be ending. Shares in Aetna fell 2.2 percent and others insurers including UnitedHealth Group Inc and WellPoint Inc also fell.
Health care has been on a tear in 2014, and there is still room for upside. Wall Street analysts are focusing on the following four trends.
Stocks surged Friday as companies including GE and Morgan Stanley reported profits.
Jim Cramer reviews the events in the market on Thursday to determine if it has finally reached a bottom for investing
Stocks wavered Thursday, with energy companies pacing gains as oil reversed up.
*Netflix tumbles after quarterly results. *UnitedHealth leads Dow, S&P higher. NEW YORK, Oct 16- The S&P 500 and Nasdaq moved in and out of positive territory in afternoon trading Thursday after starting the day with losses, as economic reports eased fears about the potential impact of a weakening global economy on the United States.
*Netflix tumbles after quarterly results. *UnitedHealth leads Dow, S&P higher. NEW YORK, Oct 16- U.S. stocks edged higher in afternoon trading Thursday, rebounding from earlier declines, as a flurry of economic reports eased fears about the potential impact of a weakening global economy on the United States.
*Netflix tumbles after quarterly results. *UnitedHealth leads Dow, S&P higher. Adding to the positive tone, St. Louis Federal Reserve Bank President James Bullard told Bloomberg television the U.S. central bank may want to keep up its bond buying stimulus for now given a drop in inflation expectations.
Oct 16- UnitedHealth Group Inc said on Thursday that patients had used medical services at low rates in the third quarter, easing worries among investors that higher admissions reported by hospitals would cost insurers more than they planned. UnitedHealth reported a net profit increase that beat Wall Street expectations and described medical use as "...
U.S. stock index futures are signalling a lower open following widespread market volatility.
Some of the names on the move ahead of the open.
UnitedHealth reported third-quarter earnings of $1.6 billion, and said it expects full-year earnings to be $5.60 to $5.65 per share.