UnitedHealth said its results were helped, in part, by a $390 million benefit it recorded because claims left over from earlier periods came in lower than expected, which freed up money held in reserve.
*Will re-file premerger notification with DoJ and FTC under Hart-Scott-Rodino. act for Coventry Health Care deal. *Notification will be re-filed on or before October 10, 2012- SEC filing.
Oct 5- Coventry Health Care Inc:. *Susquehanna cuts Coventry Health Care Inc to neutral from positive. Reuters Station users, click. 1568.
Check out which companies are making headlines after the bell Wednesday.
Stocks eased off their worst levels to end mostly flat in another thin session Monday, but still remained around four-year highs, lifted by gains in techs.
Take a look at some of Friday's morning movers:
The Supreme Court upheld President Obama's health care overhaul, including the controversial requirement that most Americans have health insurance.
If ever there’s been a powerful trading catalyst to reconcile, it’s Obamacare. The Supreme Court decision expected Thursday is all but certain to move stocks.
Stocks accelerated their selloff in the final minutes of trading to close down more than 1 percent across the board Monday, as initial euphoria over Spain's bank bailout fizzled and amid ongoing fears over a global economic slowdown.
Investors will soon realize not all health-care stocks are equal as the Supreme Court prepares to decide Obamacare’s fate.
Is it enough? The 100 billion euros ($125 billion) the European Union is lending to Spain for bank recapitalization was dismissed almost immediately because it didn't involve: 1) writedowns; and 2) a massive restructuring of the Spanish economy. This buys some more time, but everyone is looking for what form the ultimate solution will take.
U.S. stock index futures were higher Monday but off their best levels as questions began to form over whether Spain's bank aid would really help put an end to the debt crisis.
Since hitting an historic high on April 3, the Morgan Stanley Healthcare Payers Index (HMO), a basket of managed care stocks, is down 16 percent.
U.S. futures were dropping all through the early morning as European manufacturing numbers were weak. Italian and Spanish PMI were both below 50, showing continuing contraction. Even Germany came in at 46.2, a tad below expectations and firmly in contraction territory.
Ireland redux: Now there is word the Spanish government wants to create a "bad bank" (or series of "bad banks") to restructure the banking system. Weekend reports suggest the Spanish government is examining the creation of a "bad bank" similar to Ireland’s plan as part of an effort to restructuring the banking system.
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Take a look at some of Friday’s morning movers:
Stocks finished mixed Thursday, recovering from a 1 percent decline across the board earlier in the session, but gains were limited as investors remained on edge amid ongoing weakness overseas.
HMO stocks are strong today after three days of hearings on the constitutionality of President Obama's healthcare plan in the Supreme Court.
Here are seven health-care providers that could be impacted by the Supreme Court’s decision on health-care reform and their prospects.