UnitedHealth Group Inc (UNH)
25 Sep 2017
Latest Key Developments (Source: Significant Developments)
UnitedHealth Group Inc:Board authorizes payment of quarterly dividend to shareholders.Sets quarterly dividend of $0.50 per share. Full Article
UnitedHealth Group Inc:Affirmed its FY 2016 outlook, including estimated revenues of more than $180 billion, rising net earnings growth to a range of $7.60 to $7.80 in adjusted earnings per share. Full Article
UnitedHealth Group Inc:The New York Attorney General has ordered UnitedHealth Group to pay a $100,000 fine after an investigation found the insurance provider engaged in anti-competitive practices involving elder and long-term care products, according to a person familiar with the matter - RTRS.The settlement, which was signed late Wednesday, centers on efforts by UnitedHealth to force nursing homes to purchase other additional unwanted insurance services in order to participate in the insurance carrier's broader network, the person added - RTRS.The person spoke to Reuters anonymously, because the settlement has not yet been made public. - RTRS.In addition to paying a fine to settle the case, UnitedHealth also agreed to cease its practice of requiring nursing homes to purchase multiple insurance products. - RTRS.The investigation, which had not been previously reported, was sparked by complaints about the company's conduct - RTRS. Full Article
Drugmaker Pfizer Inc on Wednesday filed a lawsuit against Johnson & Johnson , saying its rival's contracts with health insurers for blockbuster rheumatoid arthritis drug, Remicade, were anticompetitive and blocked sales of Pfizer's new biosimilar.