Posted at 12:28h
in
News
by KMFSLLP
Anthem Inc beat quarterly
estimates for revenue on Wednesday, helped by the launch of
pharmacy benefits business IngenioRx and as more people opted
for its health plans.
...
Posted at 10:54h
in
News
by KMFSLLP
General Electric Co's industrial
businesses took a $1 billion hit to cash flow in the first
quarter due to the COVID-19 pandemic as overall revenue fell
almost 8%, and the company warned the damage would worsen in the
next three months.
...
Posted at 10:49h
in
News
by KMFSLLP
The United States Oil Fund
(USO), the share price of which has been crushed this
month by big bets on front-month oil contracts, revealed on
Tuesday that it was sitting on more than $700 million in
unrealized losses heading into April.
...
Posted at 10:44h
in
News
by KMFSLLP
U.S. health insurer Humana Inc
reported a 17.6% rise in first-quarter revenue on Wednesday as
it benefited from strong demand for its government-backed
Medicare plans.
...
Posted at 10:43h
in
News
by KMFSLLP
An earthquake of magnitude 6.6 has
struck 48 kilometres (km) south east of Baracoa region in Cuba,
the European Mediterranean Seismological Centre (EMSC) said.
...
Posted at 10:42h
in
News
by KMFSLLP
U.S. health insurer Anthem Inc
beat quarterly estimates for revenue on Wednesday, helped by the
recent launch of its pharmacy benefits unit and higher premiums.
...
Posted at 10:39h
in
News
by KMFSLLP
Rattled by the shock closure of
some high-profile domestic funds investing in high-yielding
debt, Indian investors are quickly moving their cash into the
safety of bank deposits.
...
Posted at 10:35h
in
News
by KMFSLLP
Britain's markets watchdog has
extended the deadline for ending the use of the Libor interest
rate benchmark in new loans until the end of March next year due
to the coronavirus pandemic.
...
Posted at 10:33h
in
News
by KMFSLLP
Slovakia's central bank
stepped up calls on Wednesday for the government to change or
cancel a bank tax after the country's lenders saw profits fall
by half in the first quarter as the coronavirus outbreak
accelerated.
Posted at 10:30h
in
News
by KMFSLLP
General Electric Co reported a
7.6% drop in first-quarter revenue, hurt by weakness in its
aviation and power units due to the coronavirus pandemic, and
fell short of its own free cash flow targets for the quarter.
