The insurance industry is bracing for the Obama administration's final Medicare Advantage rate cuts for 2015, which will be announced late Monday.» Read More
Stocks were mixed and the dollar rose a day after the markets surged to two-year highs, as investors absorbed the meaning of a surprising surge in payrolls in the wake of the Federal Reserve plans to pump more money into the economy. Kraft fell, BofA surged.
Wall Street has done a bit of an about-face on health care reform in the past few weeks—while the Street for the most part is strongly opposed to the bill, analysts are increasingly pointing out potential positives in addition to negatives.
Weak corporate outlooks and discouraging economic data weighed on futures this morning. Weekly jobless claims also came in higher than expected, dampening hopes for better job growth in February. Meanwhile, the Dollar Index continues to climb on the heels of the hotter inflation number. It now sits at its highest levels since July.
Stocks ended mixed Wednesday as a post-Fed rally fizzled. Stocks had opened higher as investors cheered some encouraging readings on the economy, then swung in about a 50 point range after the Fed's statement, before finishing narrowly mixed.
100 days have now passed since President Obama signed the $787 billion economic stimulus bill into law. Signed less than a month into his administration, the stimulus package provides notable investments into infrastructure/construction, renewable fuels/alternative energy, farming/agriculture, and healthcare.
Stocks closed sharply higher as bargain hunters rushed back into the market to scoop up beaten-down shares.
Although the health care industry is not immune to a sluggish economy, the sector presents some attractive opportunities, said Carl McDonald, a senior analyst at Oppenheimer & Co.
Following are the day’s biggest winners and losers. Find out why shares of Medtronic and Reliance Steel popped while Las Vegas Sands and Starbucks dropped.
Brent Wilsey has a prescription for investors: Specialty health-care names. The president of Wilsey Asset Management thinks that the downdrafts that have slammed stock prices in the sector are now behind it, and it's time to buy into the companies' recovery.
Following are the day’s biggest winners and losers. Find out why shares of Domino’s and UPS popped while Vodaphone and SanDisk dropped.
We are smack in the middle of earnings warnings season, and it has not been a pleasant experience. Yesterday, after several companies warned, we saw an expansion of new lows at the NYSE. Most large financials, most pharmaceuticals, airlines, and most autos are at or near multiyear lows.
The Lightning Round is extended in this CNBC.com exclusive feature.
What will the stock market look like in 3 months and how should you trade it?
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.
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.
WellCare Health Plans, a managed care provider undergoing a federal probe, on Friday replaced Chief Executive Todd S. Farha, announced the resignations of other top executives and said its latest annual report and other filings will likely be late.
Shares of WellCare Health Plans jumped more than 40 percent Monday after a news report implied less harm could come from a probe hovering over the health insurer than had previously been expected.
Stocks could be setting up for a bit of a bounce back but first investors need to decide just how radioactive the financial sector has become. Heading into the weekend, market rumors of lurking credit issues plagued bank and brokerage stocks.
Stocks closed lower amid fresh signs of weakness in the economy and uncertainty about whether the Federal Reserve will cut interest rates.
As investors wait with bated breath about whether the fed will cut rates, soaring oil prices were the week’s topic du jour.