But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.
U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies
When the healthcare giant reports earnings Thursday morning, investors will be looking to see if Brian Thompson’s death and the public outcry over denials are prompting any changes at the company.
Erin Wright, an analyst from Morgan Stanley, maintained the Buy rating on UnitedHealth (UNH – Research Report). The associated price target
The relatively modest moves for stocks came a day after they shot higher on hopes that an encouraging report on inflation may convince the Federal Reserve to deliver more cuts to interest rates this year. Treasury yields were also more placid in the bond market following mixed economic reports on Thursday..
The selloff in UnitedHealth's stock can be blamed for Dow futures falling, while S&P 500 and Nasdaq 100 futures are rising. The health giant's stock was sinking 3.2% in recent premarket trading, after
NEW YORK — U.S. stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies.
US stock indexes are drifting following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies.
The financial sector is in focus with Bank of America (BAC), Morgan Stanley (MS), and US ... and healthcare leader UnitedHealth Group (UNH) will also release their quarterly reports.
U.S. stocks were trading mostly higher after the opening bell on Thursday following the latest corporate earnings reports and another batch of economic data. The Nasdaq was leading stocks higher as tech stocks tried to extend Wednesday's bounce to a second day.
Shares were mostly lower in Asia on Friday after China reported that its economy grew at a 5% annual pace last year, hitting the government’s target but slowing from the year