Key Developments: UnitedHealth Group Inc (UNH.N)
62.06USD
24 May 2013
$-0.30 (-0.48%)
$62.36
$62.00
$62.52
$61.49
1,213,987
1,388,505
$63.95
$50.33
Latest Key Developments (Source: Significant Developments)
UnitedHealth Group Inc Reaffirms FY 2013 EPS Guidance
UnitedHealth Group Inc announced that it continues to expects fiscal 2013 net earnings in the range of $5.25 to $5.50 per common share (EPS), recognizing sequestration pressures the top end of that range. Full Article
UnitedHealth Group Inc Units Hit With $500 Million Verdict In Hepatitis Case-Reuters
Reuters reported that A Nevada jury awarded $500 million in punitive damages in a closely watched case against two affiliates of UnitedHealth Group Inc stemming from a hepatitis C outbreak in the state. The case involves two patients who claimed they became infected with hepatitis C, a disease that attacks the liver, because their gastroenterologist used allegedly unsafe injection practices for an endoscopy. Full Article
Affiliate of UnitedHealth Group Inc Announces Unified Public Tender Offer for Acquisition of up to Totality of Ordinary Shares of Amil Participacoes SA
Amil Participacoes SA announced that, in connection with the indirect acquisition of control of the Company on October 5, 2012, and in addition to the material facts disclosed on October 8, 2012 and October 30, 2012 and on November 23, 2012 and November 28, 2012, Mind Solutions SA (Offeror), current direct controlling shareholder of the Company and an affiliate of UnitedHealth Group Inc, published on this date the notice (Edital de Oferta Publica) of the unified public tender offer for the acquisition of up to the totality of the ordinary shares of the Company not held by the Offeror. According to the Notice, the term for acceptance of the Offer by the Company’s shareholders commences on March 21, 2013. Full Article
UnitedHealth Group Inc Authorizes Payment Of Quarterly Dividend To Shareholders
UnitedHealth Group Inc announced that its Board of Directors, at its meeting on February 6, 2013, authorized payment of a quarterly shareholder dividend of $0.2125 per share in the first quarter of 2013. The dividend will be paid on March 26, 2013, to all shareholders of record of UnitedHealth Group common stock as of the close of business on March 15, 2013. Full Article
UnitedHealth Group Inc Reaffirms FY 2013 Guidance
UnitedHealth Group Inc announced that it continues to expect fiscal 2013 revenues of $123 billion to $124 billion and net earnings in the range of $5.25 to $5.50 per share (EPS). Full Article
UnitedHealth Group Inc Launches Partnership With Arizona 4-H at Tuscon Harvest Festival To Promote Healthy Living
UnitedHealth Group Inc and Arizona 4-H announced new partnership to promote healthy living and empower youth to help fight the nation`s obesity epidemic. Full Article
Wellcare Health Plans Inc To Acquire UnitedHealthcare`s Medicaid business In South Carolina From UnitedHealth Group Inc
Wellcare Health Plans Inc announced that it has entered into an agreement to acquire UnitedHealthcare`s Medicaid business in South Carolina from UnitedHealth Group Inc. The transaction is subject to regulatory approvals, and WellCare anticipates that the transaction will close during the fourth quarter of 2012. Financial terms were not disclosed. Full Article
UnitedHealth Group Inc Declares Quarterly Dividend
UnitedHealth Group Inc announced that its Board of Directors, at its meeting on October 29, 2012, authorized payment of a quarterly shareholder dividend of $0.2125 per share in the fourth quarter of 2012. The dividend will be paid on December 21, 2012, to all shareholders of record of UnitedHealth Group common stock as of the close of business on December 11, 2012. Full Article
UnitedHealth Group Inc Raises FY 2012 EPS Guidance
UnitedHealth Group Inc announced that it has increased outlook for fiscal 2012 net earnings to a range of $5.20 to $5.25 per share, based on the nine-month results and expectations for fourth quarter performance. Full Article
UnitedHealth Group Inc to Acquire 90% Stake in Amil Participacoes SA
Amil Participacoes SA (Amil) announced that UnitedHealth Group Inc intends to acquire 90% of the 359 million outstanding common shares of Amil for approximately USD 4.9 billion in cash. This includes realizable Brazilian tax benefits worth an estimated present value of USD 600 million, bringing the effective equity purchase price to approximately USD 4.3 billion. The purchase will be completed in two steps. Upon Brazilian regulatory approval, expected in the fourth quarter of 2012, UnitedHealth Group will purchase approximately 60% of the outstanding shares from controlling shareholders and management and, in the first half of 2013, will advance a tender offer to purchase approximately 30% from public shareholders. Amil’s Founder, Dr. Bueno, and his partner, Dr. Dulce Pugliese, control approximately 70% of the shares and will retain the remaining 10% for at least five years. Amil’s CEO has further committed to investing approximately USD 470 million in UnitedHealth Group shares and holding those shares for the same five year term. Full Article
UnitedHealth profit falls, CEO warns about private Medicare cuts
- Lower government payments for private Medicare services and prescriptions for older people dragged down UnitedHealth Group Inc's first-quarter profits, the company said on Thursday.
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