UnitedHealth Group (UNH) Declares $0.90 Quarterly Dividend; 1.3% Yield
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Health stocks up on U.S. vote; insurers hit records
November 7, 2018 4:16 AM ESTBy Ben Hirschler and Manas Mishra
(Reuters) - Shares in drugmakers and U.S. health insurers rallied on Wednesday, after election results delivered a split Congress that is unlikely to significantly cut government healthcare programs or reduce drug prices in the world's biggest and most profitable market.
Republicans lost control of the House of Representatives to the Democrats in Tuesday's elections, a setback for President Donald Trump, but increased their grip on the Senate, signaling likely policy gridlock in Washington.
While both parties agree on the need to bring down healthcare costs,... More
