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Cigna Raises Full-year Adjusted Earnings Forecast Again
The Hartford CourantHealth insurer Cigna Corp.'s quarterly profit more than doubled as its acquisition of Medicare specialist HealthSpring drove growth in premiums and fees, prompting the company to raise its full-year profit outlook for the third time this year. Premium...Tags: NYSE Euronext, Inc., Stock Market, Thomson Corporation, Cigna Corporation, Weather
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Plenty of pain to go around
Earnings stung investors last week, showing that in a global economy U.S. investors will get hurt when a good chunk of the world is in pain. And there definitely is pain. As much of Europe sinks deeper into a recession, Spain reported a 25.02 percent...
Tags: Citigroup Incorporated, Economic Indicator, UPS Inc., Europe, Labor Markets
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Chubb Raises Outlook On Lower Catastrophes, Firming Rates
Property and casualty insurer Chubb Corp.'s third-quarter profit beat Wall Street expectations, and the company raised its operating income forecast, as catastrophe losses fell sharply and rates increased across its businesses. For the full year, Chubb...Tags: NYSE Euronext, Inc., Stock Market, Thomson Corporation, Insurance, Chubb Corporation
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Magellan Health Reports Third-Quarter Earnings Far Above Analysts' Expectations
The Hartford Courant— Magellan Health Services Inc. saw its stock leap early Friday as third-quarter earnings beat analysts' expectations. Net income for the three-month period ending Sept. 30 was $66.3 million, or $2.36 per diluted share, compared with $31.4 million,...Tags: Earnings, Medical Specialization, U.S. Department of Defense, Family, Medicaid
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W.R. Grace's profit falls 7.1 percent in third quarter
Chemical maker W.R. Grace & Co. said Wednesday that its third-quarter profit fell 7.1 percent to $75.5 million as revenue shrank, in part due to unfavorable exchange rates. The Columbia-based firm's revenue dropped 10.1 percent to $776.6 million in the...
Tags: Money and Monetary Policy, Bankruptcy, Companies and Corporations, Economy, Business and Finance, Financially Distressed Companies
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WellPoint CEO Resigns; Shares Rise
The Hartford CourantWellPoint Inc Chief Executive Angela Braly abruptly stepped down from her post on Tuesday following growing investor dissatisfaction with the health insurer's financial performance. WellPoint, the No. 2 U.S. health insurer, is the parent company of...Tags: NYSE Euronext, Inc., Stock Market, Corporate Officers, Amerigroup Corp., Finance
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T. Rowe Price reports $206.8 million profit for second quarter
T. Rowe Price Group said earnings rose to $206.8 million for the second quarter on record revenue of $736.8 million, results that fell below analysts' expectations and sent the company's shares tumbling Wednesday. On a per-share basis, the Baltimore-...Tags: T. Rowe Price, European Debt Crisis, China, T. Rowe Price Group Incorporated, Finance
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IMF not as cheerful as consumers
Consumers are more cheerful than at any time since before the economic crisis, yet business executives and the International Monetary Fund are wary. The contrasts in last week's economic and corporate data were stark. The consumer confidence numbers from...
Tags: Economic Indicator, International Organizations, Thomson Corporation, International Monetary Fund, Europe
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CEO pay rises at most local public companies
As pay raises go, it's hard to beat a fivefold increase. That's the jump Hunt Valley-based Omega Healthcare Investors' CEO saw in compensation last year. After getting a thumbs down for its executive pay from a shareholder advisory firm, the company told...
Tags: Investment Service, Stock Market, Realty, Corporate Officers, Investments
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U.S. Jobless Rate Tumbles To Near Four-Year Low
ReutersWASHINGTON (Reuters) - The U.S. unemployment rate unexpectedly dropped to 7.8 percent in September and reached its lowest level since President Barack Obama took office, providing a boost to his re-election bid. The Labor Department said on Friday that...Tags: Federal Reserve, Credit and Debt, Washington, DC, Money and Monetary Policy, Elections
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McCormick profit up more than 13 percent in third quarter
Spice maker McCormick & Co. Inc. said Thursday that its profit grew more than 13 percent in the third quarter, thanks to new products, acquisitions and strength in emerging markets. The Sparks-based maker of spices and flavorings raised its full-year...Tags: NYSE Euronext, Inc., Earnings, Stock Market, Mergers, Acquisitions and Takeovers, Emerging Market
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Titan Machinery shares fall on weak second quarter net income
WEST FARGO, N.D. (AP) - Titan Machinery Inc. shares tumbled more than 19 percent on the morning of Sept. 10 after the company posted lower-than-expected net income for its fiscal second quarter and cut its profit prediction for the full year. Despite...Tags: Earnings, Gymnastics, Machine Manufacturing, Manufacturing and Engineering, Business
Nov 1, 2012
|Story| Hartford Courant
Oct 28, 2012
|Column| Chicago Tribune
Oct 25, 2012
|Story| Hartford Courant
Oct 26, 2012
|Story| Hartford Courant
Oct 24, 2012
|Story| Baltimore Sun
Aug 29, 2012
|Story| Hartford Courant
Jul 25, 2012
|Story| Baltimore Sun
Oct 14, 2012
|Column| Chicago Tribune
Oct 7, 2012
|Story| Baltimore Sun
Oct 6, 2012
|Story| Chicago Tribune
Sep 27, 2012
|Story| Baltimore Sun
Sep 14, 2012
|Story| Aberdeen News
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