Category Archives: Corporate

UnitedHealth to Pull Back From Insurance Exchanges, Citing Losses

UnitedHealth Group Inc. (Minnetonka MN), the nation’s largest health insurer, told investors it continued to lose hundreds of millions of dollars selling individual policies under the federal healthcare law. The company… Read more »

Great Basin Scientific Surges on Preliminary Revenue Report

The molecular diagnostics company Great Basin Scientific Inc. (Salt Lake City UT) traded up for the week on reported preliminary revenue results. The first quarter results for 2016 are projected to come… Read more »

New Inversion Rules Test Pending Deals, WSJ Reports

The U.S. Treasury Department’s latest attempt at stopping corporate inversions last week spelled doom for Pfizer Inc.’s (New York City) $150 billion attempted takeover of Allergan PLC (Dublin IRL)–what would… Read more »