The updated tally extends the scope beyond what was previously described by company Chief Executive Andrew Witty.
The UnitedHealth Group cyberattack which disrupted the healthcare system last year compromised the personal data of 190 million Americans.
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
Analyst Joanna Gajuk of Bank of America Securities maintained a Buy rating on UnitedHealth (UNH – Research Report), reducing the price target
Good morning and welcome to the UnitedHealth Group fourth quarter and full year ... on the unique foundational strengths of healthcare in America and address the areas we can make work better.
Daily Bank of America Corp. Banks were a key driver ... The Dow underperformed as UnitedHealth Group, a key component of the index, fell over 4% following its mixed earnings report.
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Monday as the stock market considers a lack of Fed rate cuts in the coming year.
UnitedHealth Group said veteran internal executive Tim Noel will succeed the late Brian Thompson as CEO of UnitedHealthcare, the nation’s largest health insurance company.
Bank of America brought in more than $100 million in revenue in 2024, driven by higher fees. Its shares were effectively unchanged in premarket trading. UnitedHealth Group tumbled 3.7% after the health insurance giant's revenue fell short of Wall Street ...
Fourth-quarter net profit of Taiwan Semiconductor jumps 57%, UnitedHealth falls after revenue misses estimates, and profits at Bank of America and Morgan Stanley beat analysts’ expectations.
UnitedHealth Group's top executive said the company's ... less complex and less costly." "America faces the same fundamental health care dynamic as the rest of the world," Witty said.