NEW YORK (AP) — Disappointing earnings from a range of companies pushed the stock market lower on Thursday, giving major indexes their third loss this week.
Morgan Stanley, UnitedHealth Group and others sank in Thursday trading after turning in their quarterly financial results. Earnings and revenue dropped at Morgan Stanley as the bank made less money from trading bonds and commodities, a common theme for many investment banks this earnings season. Morgan Stanley lost 4 percent to $20.59.
4. Health insurers lead stocks higher on Wall Street - Friday, March 29, 2013
The Dow Jones industrial average closed at a record high Tuesday after reports on auto sales and factory orders provided the latest evidence that the U.S. economy is strengthening. Traders plowed money back into European stocks as the financial situation in Cyprus appeared to stabilize.5. UnitedHealth's 4Q profit slips 1 pct as costs rise - Friday, January 11, 2013
UnitedHealth Group Inc.'s fourth-quarter net income slipped 1 percent, as growing medical costs countered revenue gains for the nation's largest health insurer.6. Stocks tread water as next fiscal showdown looms - Friday, December 28, 2012
NEW YORK (AP) — The stock market crept higher in midday trading Thursday, one day after the Dow Jones industrial average posted its biggest gain in more than a year.
Retailers reported mixed sales and the prospect of a new budget battle in Congress loomed.7. Dow loses 313 in post-election sell-off - Friday, November 02, 2012
Wall Street greeted a second Obama term the way it greeted the first.
Investors dumped stocks Wednesday in the sharpest sell-off of the year. With the election only hours behind them, they focused on big problems ahead in Washington and across the Atlantic Ocean.8. Insurers nervous over prospect of Romney victory - Friday, October 26, 2012
WASHINGTON (AP) — You'd think health insurance CEOs would be chilling the bubbly with Republican Mitt Romney's improved election prospects, but instead they're in a quandary.
Although the industry hates parts of President Barack Obama's health care law, major outfits such as UnitedHealth Group and BlueCross Blue Shield also stand to rake in billions of dollars from new customers who'll get health insurance under the law. The companies already have invested tens of millions to carry it out.9. UnitedHealth plans intl growth with $4.9B deal - Friday, October 05, 2012
UnitedHealth Group will spend about $4.9 billion to buy a Brazilian health benefits and hospital services provider, as the largest U.S. health insurer takes a big leap toward international growth.
UnitedHealth, based in Minnetonka, Minn., says it will acquire about 90 percent of the outstanding shares of Amil Participacoes SA. The purchase price drops to $4.3 billion when counting Brazilian tax benefits.10. Stocks lower on weak outlook for 3Q, Asian economy - Friday, October 05, 2012
Investors looked warily at forecasts for poor U.S. corporate earnings and weaker growth in Asia and decided there wasn't much reason to buy stocks.
The Dow Jones industrial average gave up 26.50 points to close at 13,583.65 points Monday. The Standard & Poor's 500 index fell 5.05 points to 1,455.88 and the Nasdaq composite lost 23.84 points to 3,112.35.11. Report: Premium hikes for top Medicare drug plans - Friday, September 21, 2012
WASHINGTON (AP) — Seniors enrolled in seven of the 10 most popular Medicare prescription drug plans will be hit with double-digit premium hikes next year if they don't shop for a better deal, says a private firm that analyzes the highly competitive market.12. US stocks drift as European gloom returns - Friday, September 21, 2012
U.S. stocks meandered sideways Monday as fears about Europe overshadowed recent excitement about central banks' efforts to boost the market.
Stocks opened lower, recovered by mid-afternoon to nearly flat and closed down modestly.13. WellPoint CEO Braly quits amid sagging results - Friday, August 24, 2012
INDIANAPOLIS (AP) — WellPoint Inc. President and CEO Angela Braly resigned Tuesday amid investor frustration with disappointing financial results at the nation's second-largest health insurer.14. Insurer Aetna to buy Coventry in $5.7 billion deal - Friday, August 17, 2012
Aetna, one of the nation's biggest health insurers, staked a $5.7 billion claim in the burgeoning market for government-funded coverage Monday when it announced plans to buy fellow insurer Coventry Health Care.15. Gov't stepping up fight against health care fraud - Friday, July 27, 2012
WASHINGTON (AP) — Stepping up their game against health care fraud, the Obama administration and major insurers announced Thursday they will share raw data and investigative know-how on a scale not previously seen to try to shut off billions of dollars in questionable payments.16. UnitedHealth's 2Q profit rises 5.5 percent - Friday, July 13, 2012
WASHINGTON (AP) — UnitedHealth Group said Thursday that its second-quarter net income rose 5.5 percent, trumping Wall Street expectations, as enrollment gains helped fuel revenue growth and consumers continued to moderate their use of health care services.17. Hospital stocks jump after health care ruling - Friday, June 29, 2012
WASHINGTON (AP) — Hospital stocks rose sharply Thursday after the Supreme Court guaranteed them millions more paying customers by upholding the core of President Barack Obama's health care overhaul.18. High court ruling benefits most health care firms - Friday, June 29, 2012
TRENTON, N.J. (AP) — The Supreme Court's decision Thursday to uphold President Barack Obama's historic health care overhaul is expected to benefit nearly every corner of the health care industry by expanding coverage to millions of Americans. But it's not a slam dunk.19. Hospital stocks jump after health care ruling - Friday, June 22, 2012
WASHINGTON (AP) — Hospital stocks rose sharply Thursday after the Supreme Court guaranteed them millions more paying customers by upholding the core of President Barack Obama's health care overhaul.20. Health care, bank stocks lead stock market lower - Friday, June 22, 2012
NEW YORK (AP) — Health care stocks tumbled Thursday after the Supreme Court upheld most of President Barack Obama's health care overhaul, falling along with major banks as Wall Street worried about the European debt crisis and the sluggish U.S. economy.21. UnitedHealth plans to keep overhaul elements - Friday, June 08, 2012
Insurer UnitedHealth Group Inc. sees some parts of the health care overhaul as sound medicine and plans to keep them regardless of whether the law survives an upcoming Supreme Court ruling.22. Dow leaps 286 points, best day of the year - Friday, June 01, 2012
NEW YORK (AP) — The Dow Jones industrial average surged 286 points Wednesday, its best day this year.
The rally started early and gathered force in the afternoon. The charge turned the Dow positive for 2012 and erased the biggest loss of the year less than a week after it happened: the 275-point plunge set off by a dismal U.S. jobs report on Friday.23. Health insurer WellPoint to buy 1-800 Contacts - Friday, June 01, 2012
INDIANAPOLIS (AP) — WellPoint Inc. plans to buy contact lens retailer 1-800-Contacts Inc. in a deal that would give the insurer its first direct-to-consumer business outside selling individual health coverage.24. Oil up to near $103 amid strong corporate earnings - Friday, April 20, 2012
LONDON (AP) — Oil prices rose to near $103 a barrel Friday as strong earnings reports offset signs the U.S. economic recovery remains uneven.
Benchmark oil for May delivery was up $1.62 to $102.70 a barrel at early afternoon European time in electronic trading on the New York Mercantile Exchange. The contract fell 40 cents to settle at $102.27 in New York on Thursday.25. Stocks drop on mixed news on profits, economy - Friday, April 20, 2012
NEW YORK (AP) — A slew of U.S. companies announced big profits Thursday, but investors spooked about the economy sold stocks anyway.
Investors shifted between buying and selling early Thursday, then stuck with selling after deciding that strong earnings results weren't enough to make up for weak reports on jobs, housing and manufacturing.26. Stocks rise, extending best start since 1998 - Friday, March 30, 2012
Rising consumer spending boosted stocks on Friday, and Wall Street closed its best first quarter since 1998.
The Dow Jones industrial average rose 66.22 points to close at 13,212.04. The Standard & Poor's 500 index rose 5.19 points to close at 1,408.47. The Nasdaq composite barely moved, falling 3.79 points to close at 3,091.57.27. Big gain for stocks after Bernanke remarks - Friday, March 23, 2012
NEW YORK (AP) — Stocks leapt to multi-year highs and recorded one of their biggest gains of the year Monday after Federal Reserve Chairman Ben Bernanke suggested that the economy still needs help to produce faster job growth.28. Insurer UnitedHealth's 4Q profit jumps 20 percent - Friday, January 13, 2012
INDIANAPOLIS (AP) — UnitedHealth Group Inc.'s fourth-quarter net income jumped 20 percent and trumped Wall Street expectations, but the insurer left its 2012 earnings forecast unchanged as it saw signs of health care use starting to pick back up.29. Stocks jump on reports of progress in Europe - Friday, October 14, 2011
NEW YORK (AP) — Stocks jumped in late afternoon trading on reports that France and Germany have agreed to boost a rescue fund as part of an effort to stem the European debt crisis.
The Dow Jones industrial average was up 234 points, or 2 percent, to 11,631 at 3:14 p.m. Eastern. The Dow added more than 100 points within minutes after the report.30. UnitedHealth's 3Q profit slips less than 1 percent - Friday, October 14, 2011
INDIANAPOLIS (AP) — UnitedHealth Group Inc.'s third-quarter net income edged slightly lower because medical costs rose, but the health insurer's revenue and enrollment grew and it increased its 2011 earnings forecast.31. Trying a new approach to primary care: prevention - Friday, July 15, 2011
INDIANAPOLIS (AP) — A budding model for primary care that encourages the family doctor to act as a health coach who focuses as much on preventing illness as on treating it has shown promising results and saved insurers millions of dollars.32. UnitedHealth's 2Q profit climbs 13 percent - Friday, July 15, 2011
INDIANAPOLIS (AP) — UnitedHealth Group Inc. said Tuesday its second-quarter earnings rose 13 percent, as enrollment gains helped fuel revenue growth in several categories and consumers continued to moderate their health system use.