UnitedHealth Group Inc (UNH.N)
Four pharmacy benefit managers must face a lawsuit alleging they breached their duties as administrators of employee health insurance plans' drug benefits by causing Mylan NV to raise the EpiPen allergy medication's price, a federal judge has ruled.
* Dow and S&P gain 1.6 pct, Nasdaq rises 2.1 pct (Updates to early afternoon)
* Indexes gain: Dow 1.4 pct, S&P 1.5 pct, Nasdaq 1.9 pct (Changes comment, adds details, updates prices)
UnitedHealth Group Inc on Tuesday backed Wall Street's 2019 earnings forecast, citing momentum in newer businesses like providing medical services and traditional areas, including managing U.S. government Medicare health insurance plans.
Oct 16 UnitedHealth Group Inc on Tuesday backed Wall Street's 2019 earnings forecast, citing momentum in newer businesses like providing medical services and traditional areas, including managing U.S. government Medicare health insurance plans.
NEW YORK, Oct 16 UnitedHealth Group Inc Chief Executive Officer Dave Wichmann on Tuesday backed Wall Street's expectations for 2019 profit and said the company remained committed to its long-term goal for earnings growth of 13 percent to 16 percent.
* Futures gain: Dow 0.76 pct, S&P 0.69 pct, Nasdaq 0.95 pct (Adds comment, details; updates prices)
Oct 16 U.S. stock futures signaled a slight recovery on Tuesday, as upbeat earnings reports from Morgan Stanley and UnitedHealth among others helped ease jitters over the impact of various global issues on corporate profits.
Oct 16 UnitedHealth Group Inc reported a 28 percent rise in quarterly profit on Tuesday, helped by growth in its insurance and medical services businesses.
Civitas Solutions Inc , a U.S. provider of home and community health services to people with disabilities, is exploring strategic alternatives, including a potential sale, people familiar with the matter said on Friday.