272.00 -0.24 (-0.09%)
After hours: 4:19PM EDT
|Bid||268.10 x 900|
|Ask||272.50 x 1000|
|Day's Range||265.00 - 272.81|
|52 Week Range||196.37 - 272.81|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||22.69|
|Earnings Date||Oct 16, 2018|
|Forward Dividend & Yield||3.60 (1.39%)|
|1y Target Est||295.05|
Cracker Barrel, Palo Alto Networks and UnitedHealth are the Yahoo Finance charts of the day.
Stocks scored big gains Tuesday as the major market indexes gapped up at the open and plowed higher throughout the session.
NEW YORK (Reuters) - U.S. stocks surged more than 2 percent on Tuesday after upbeat earnings reports from major companies, including UnitedHealth and Goldman Sachs, and solid economic data, as equities ...
Tuesday's big movers, including Goldman Sachs, Morgan Stanley, Comerica, UnitedHealth and Johnson & Johnson, all beat by wide margins. Fear of higher costs, through higher interest rates, higher wages and higher raw material costs, has now become a major preoccupation for investors. Tuesday's big movers, including Goldman Sachs GS , Morgan Stanley MS , Comerica CMA , UnitedHealth UNH and Johnson & Johnson JNJ , all beat by wide margins.
U.S. stocks surged more than 2 percent on Tuesday after upbeat earnings reports from major companies, including UnitedHealth and Goldman Sachs, and solid economic data, as equities rebounded from a recent ...
The Dow Jones Industrial Average rose more than 500 points Tuesday as stocks staged a sharp rally, buoyed by upbeat earnings that helped investors shake off last week's rout. The blue-chip gauge ended with a gain of around 548 points, or 2.2%, to end near 25,798, according to preliminary figures. The S&P 500 advanced 2.1% to end near 2,810, while the Nasdaq Composite advanced 2.9% to around 7,645. A round of upbeat earnings were credited with the rally. UnitedHealthGroup Inc. jumped 4.7% to lead Dow gainers after raising its full-year earnings outlook and beating third-quarter earnings and revenue expectations.
Stock futures: Adobe rose on solid guidance. Palo Alto Networks reiterated guidance and named a president. Twilio will buy mass-emails specialist SendGrid. Dow stock UnitedHealth earnings topped.
The Nasdaq led stocks higher Tuesday as Adobe spiked and Dow stocks buzzed after Johnson & Johnson, UnitedHealth and Goldman Sachs reported.
Since Wednesday, IBD's Market Pulse has been in correction mode. Tuesday's bullish action doesn't change the lack of a bullish signal.
The stock market was sharply higher late Tuesday, helped in part by strong earnings from top stocks in the Dow like UnitedHealth Group and Johnson & Johnson.
Healthcare giants such as UnitedHealth use their capital to invest in bonds to produce income. As rates increase, those underlying investments should begin to yield better results. In a market where investors are going to start getting more and more careful about what they own, UnitedHealth looks good.
Many of us are unhappy with our health insurers. Premiums are high. Hospital bills can be large and deductibles for many policyholders are larger than ever. But the world looks good if you own health insurance stocks. There are profits to be made managing government health care programs -- Medicaid, public exchanges, the Children's Health Insurance Program and Medicare. Because despite the confusion over health insurance, government health care expenditures continue to rise. To wit, Medicare spending is projected grow 7.9% annually to 2023 with total expenditures of approximately $1.1 trillion. Meanwhile, Medicaid spending is estimated to grow 5.9% annually to 2023, when it will top $828 billion. Here are five health insurance stocks to buy - all of which have advanced by double digits already in 2018. But don't worry about being late to the party. There's reason to expect more upside in these stocks because they need only to maintain a strategy at which they have proven adept: increase enrollments and contain medical costs. SEE ALSO: 25 Stocks Every Retiree Should Own
UnitedHealth Group has acquired more real estate around its Minnetonka headquarters with the purchase of a pair of aging office buildings.
UnitedHealth Group Inc.'s OptumRX subsidiary has acquired Phoenix-based Avella Specialty Pharmacy. The Minnetonka, Minnesota-based insurance giant announced the acquisition in its third-quarter 8-K filing with the U.S. Securities and Exchange Commission. Avella was bought along with Renton, Washington-based Genoa Healthcare.
World stock markets are rallying Tuesday, and U.S. stocks are on track for their second-largest gain in 2018 following strong earnings reports from major U.S. companies in finance and health care. Technology ...
The Dow Jones Industrial Average was trading sharply higher midday Tuesday, putting blue chips on track to book the best one-day gain since March. The Dow was up about 492 points, or 2%, at 25,739. If it holds the gain would represent the best point and percentage climb since March 26. Tuesday's rally was partly on the back of a surge in shares of component UnitedHealth Group Inc., which was delivering a roughly 70-point jolt to the price-weighted equity gauge. Share rises for UnitedHealth come after the health-care company raised its full-year earnings outlook and said it continues to see growth in health-care plan membership and premiums. Meanwhile, the S&P 500 index was climbing 2% at 2,804 and the Nasdaq Composite Index advanced by 2.6% to 7,620. Wall Street investors appear to be focusing upbeat earnings, including those from Goldman Sachs Group Inc. , Johnson & Johnson and Morgan Stanley .
The S&P 500 Tuesday afternoon regained its purchase atop a psychologically significant level at 2,800, on the back of a health-care and technology-inspired stock rally. The S&P 500 , most recently, was up 1.9% at 2,802, returning to a level the broad-market benchmark lost grip on during a nasty Oct. 10 rout. The S&P 500 has declined seven of the past eight sessions (not including Tuesday). Tuesday's gains were broad based with all 11 of its sectors trading solidly higher. The day's rally comes amid apparent enthusiasm surrounding a batch of quarterly corporate results from UnitedHealth Group Inc. , Goldman Sachs Group Inc. and others that were seen as upbeat and reaffirming the vitality of earnings and an economic expansion that has thus far underpinned market gains. However, last week investors drove shares lower on fears of rapidly rising interest rates, which equate to higher borrowing costs for companies.
A popular way to bet on the health-care sector, the Health Care Select Sector SPDR ETF , Tuesday afternoon was on track for its best daily gain since November of 2016. The exchange-traded fund was up 2.2% in afternoon action, putting it on pace for its sharpest single-session rise since a 3.4% surge on Nov. 9, according to Dow Jones Market Data. That was the day after Trump was elected. Tuesday's moves for the so-called "XLV" fund, a reference to its ticker symbol, is supported by a jump in shares of UnitedHealth Group Inc. , which posted better-than-expected quarterly results before the official start of trading, along with Johnson & Johnson . Gains in health-care were helping to lift the broader market (along with information technology), with the Dow Jones Industrial Average gaining more than 400 points or 1.6%, the S&P 500 index up by 1.6% and the Nasdaq Composite Index advancing by 2.2%.
The health care giant disclosed its OptumRx unit bought Avella Specialty Pharmacy, which generated about $1.4 billion in revenue from prescription drugs last year.
Wall Street was off to its best day in two months amid a raft of positive fundamental news Tuesday. The move reminded investors that rising interest rates, a stronger dollar and geopolitical tensions are happening against a healthy background. Corporate earnings news along with solid economic data helped lift investors' spirits and spur a 400-point Dow gain.
Group Inc. raised its full-year earnings projection for 2018 and offered reassurance about its early outlook for next year, as the company pointed to growth drivers including the continuing expansion of private Medicare plans. said Tuesday it expects to earn $12.80 a share on an adjusted basis this year, compared with the range of $12.50 to $12.75 a share it previously suggested. UnitedHealth, the parent of the nation’s largest health insurer as well as Optum, its growing health-services arm, said net income in the third quarter rose 28% from a year earlier to $3.19 billion, or $3.24 a share.