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 UnitedHealth Group cyberattack which disrupted the healthcare system last year compromised the personal data of 190 million Americans.
UnitedHealth Group on Thursday named Tim Noel, the head of its Medicare business, to the top job at its health insurance business, a month after the unit's former CEO Brian Thompson was killed.
Analyst Joanna Gajuk of Bank of America Securities maintained a Buy rating on UnitedHealth (UNH – Research Report), reducing the price target
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
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.
The company said Thursday that Tim Noel will be CEO of UnitedHealthcare, replacing Brian Thompson, who was killed in New York City in December.
Quarterly earnings from top lenders Morgan Stanley and Bank of America are due before markets open on Thursday. The S&P 500 banks index and the regional banks index have outperformed Wall Street's top indexes so far in January,
UnitedHealth Group Inc.'s $69 million class settlement over the Wells Fargo & Co. target date funds offered by its 401(k) plan received initial court approval.
Your medical data is not as safe as you think. Discover how a massive ransomware attack exposed millions and the key steps to protect your privacy now.
About 190 million Americans may have been affected by a cyberattack targeting UnitedHealth‘s subsidiary, Change Healthcare. The breach, which disrupted the company’s IT systems, resulted in the compromise of sensitive personal and medical information.
The updated tally extends the scope beyond what was previously described by company Chief Executive Andrew Witty.