Leerink Partners Raises Price Target on UnitedHealth Group (UNH) Following 3Q Report

Rising gasoline, rents push U.S. inflation higher in September

October 18, 2016 8:34 AM EDT

By Lucia Mutikani

WASHINGTON (Reuters) - U.S. consumer prices recorded their biggest gain in five months in September as the cost of gasoline and rents surged, pointing to a steady pickup of inflation that could keep the Federal Reserve on track to raise interest rates in December.

The Labor Department said on Tuesday its Consumer Price Index increased 0.3 percent last month after rising 0.2 percent in August. In the 12 months through September, the CPI accelerated 1.5 percent, the biggest year-on-year increase since October 2014. The CPI rose 1.1 percent in the year to August.

"The upward creep of prices... More

UnitedHealth sees more growth in 2017 when it exits Obamacare

October 18, 2016 8:03 AM EDT

By Caroline Humer and Ankur Banerjee

(Reuters) - UnitedHealth Group Inc (NYSE: UNH), the largest U.S. health insurer, on Tuesday raised the possibility of stronger profit growth in 2017 as it exits the government-subsidized insurance market commonly known as Obamacare, encouraging investors who have been negative on the sector.

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 (NYSE: ANTM), which plan to stay in those markets next year.

Shares of... More

Wall St. climbs on earnings improvement

October 18, 2016 7:28 AM EDT

By Chuck Mikolajczak

NEW YORK (Reuters) - Wall Street advanced on Tuesday to give the S&P 500 its best day this month on the heels of solid earnings reports from names such as UnitedHealth and Netflix that put corporate profits on track to snap a four-quarter streak of declines.

Of the 52 S&P 500 companies that have reported results to date for the third quarter, 81 percent have reported earnings that topped average analyst estimates, according to Thomson Reuters I/B/E/S.

Third-quarter earnings are now expected to show growth of 0.2 percent, which would... More

UnitedHealth Group (UNH) Tops Q3 EPS by 9c; Boosts FY16 Outlook

October 18, 2016 5:56 AM EDT

UnitedHealth Group (NYSE: UNH) reported Q3 EPS of $2.17, $0.09 better than the analyst estimate of $2.08. Revenue for the quarter came in at $46.3 billion versus the consensus estimate of $46.09 billion.

GUIDANCE:

UnitedHealth Group sees FY2016 EPS of about $8.00, versus prior guidance of... More

Trading Radar for 10/18: Goldman Sachs (GS), Intel (INTC), Yahoo! (YHOO), J&J (JNJ), Harley-Davidson (HOG) Report

October 17, 2016 2:07 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

CPI - Street sees 0.3%Core CPI - Street sees 0.2%

Earnings:

Badger Meter (NYSE: BMI) - consensus EPS $0.33
BlackRock (NYSE: BLK) - consensus EPS $4.98
Comerica (NYSE: CMA) -... More