Updated at 3:34 pm EST UnitedHealth Group (UNH) – Get Free Report posted better-than-expected fourth quarter earnings Friday, powered once again by double-digit revenue gains from its Optum div...
Tag: Health Care Equipment & Services
Oak Street Health Stock Soars On $10 Billion CVS Takeover Report
Oak Street Health (OSH) – Get Free Report shares soared higher Tuesday following a report that suggested the primary care center operator is ready to agree a $10 billion takeover by CVS Health ...
General Electric Stock Higher As GE Healthcare Makes Nasdaq Debut
Updated at 10:22 am EST GE HealthCare, recently spun-off from the iconic industrial group under the leadership of CEO Larry Culp, will make its trading debut on the Nasdaq Wednesday. GE finalized plan...
Former Silicon Valley Star Elizabeth Holmes Sentenced to Prison
Failed startup founder Elizabeth Holmes received a sentence of over 11 years for the fraud she perpetrated when she duped investors about the effectiveness of a blood testing company. Holmes was sente...
Cathie Wood Watch: Buys Nvidia, Output Platform; Sells DraftKings
Cathie Wood, chief executive of Ark Investment Management, bought and sold familiar stocks Monday, including a sports gambling company and a top semiconductor maker. All valuations below are as of Mon...
General Electric Unveils New Names, Logo, Ahead of Historic Split
Updated at 10:41 am EST General Electric (GE) – Get General Electric Company Report unveiled the names of its three new business units Monday as it powers ahead with its historic decision to sp...
Cathie Wood Watch: Buys Nvidia, Organ-Transplant-Services Provider
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on May 26 bought into one of the world’s biggest and most prominent semiconductor makers, for the first time in at least se...
Niche Player in Biotech Space Moves Beyond Covid
You might not guess from its stock chart, but a technology supplier to the biotech industry recently argued to Jim Cramer that it’s not pandemic driven. Dr. Udit Batra, president and CEO of Wate...
Microsoft Makes a Big Move Into AI-Driven Healthcare
American tech giant Microsoft (MSFT) – Get Microsoft Corporation Report has made a major push into artificial intelligence this week, closing its deal to acquire AI pioneer Nuance Communication...