Tag: 2017-earnings
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UnitedHealth sees more growth in 2017 when it exits Obamacare
The company said losses in that business were within expectations in the third quarter, news that boosted the recently weak shares of competitors like Anthem Inc , which plan to stay in those markets next year. Shares of UnitedHealth, which beat Wall Street third-quarter earnings estimates, raised its full-year outlook and signaled 2017 earnings could…
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St. Jude and Abbott to sell some medical devices for $1.12 billion
(Reuters) – Abbott Laboratories, which is in the process of buying St. Jude Medical Inc for $25 billion, said the companies would sell some of their medical devices to Japan-based Terumo Corp for about $1.12 billion. Abbott said on Tuesday the deal is an important step toward completion of the St. Jude acquisition, which is…