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The largest in the field of medical insurance company in the United States, UnitedHealth Group, following the results of the first quarter, reported an increase in net profit by 31% in annual terms to $2 billion 840 million dollars. Excluding one-off factors, profit was 3 dollars 4 cents per share, compared to 2 dollars 27 cents per share for the same period last year. The forecast of analysts had assumed an indicator at the level of 2 dollars 89 cents per share. Revenues amounted to 55.2 billion dollars, increased by13.3% in annual terms. Experts had expected revenues of 54 billion 870 million dollars. The number of people insured under the UnitedHealth health insurance programs increased by approximately 2.2 million people by the end of the quarter.
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
American multinational automaker Ford Motor Co. (F.N) announced on Thursday that its vehicle sales increased by 3% from April to June in mainland China. It would be the first time that the company's first quarterly sales rose in the world's ...
Bank Indonesia on Thursday has decided to cut its benchmark rate for the third time this year with signals that it may ease further. The central bank of SouthEast Asia’s largest economy will cut the 7-day reverse repurchase rate by 25 ...
The Warner Music Group Corp. (WMG.O) got off to a positive start on its Nasdaq debut on Wednesday. The world’s third-largest recording label sold shares worth $1.9-billion, marking the largest initial public offering in the United States ...
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