U.S. stocks finished higher for the week Friday as the Dow industrials extended its streak of record closes to seven sessions. The Dow Jones Industrial Average rose 4.28 points, or less than 0.1%, to finish at 20,624.05, as shares of UnitedHealth Group Inc. weighed heavily on the average.
Category: United Group
Stocks Retreat From Record Highs, UnitedHealth Drags on Dow
Wall Street is lower in a quieter end to a record-breaking week in which stocks scored their best winning streak in a quarter century. Wall Street held lower Friday in a quieter end to a record-breaking week in which stocks scored their best winning streak in a quarter century.
What to Look for When UnitedHealth Reports Its Quarterly Results
Investors are waiting to see how the health care insurer will profit after decreasing its exposure to Affordable Care Act exchanges. UnitedHealth’s stock did exceptionally well last year, emerging as one of the best performers among the top-quality companies in the Dow Jones Industrial Average.
UnitedHealth Group: Jim Cramer’s Top Takeaways
No one know what will happen with health care once Donald Trump takes office, Jim Cramer told his “Mad Money” viewers Wednesday night, but that doesn’t mean there aren’t ways to make money in health-care stocks. For months now, the mantra has been “repeal and replace” when it comes to Obama’s Affordable Care Act.
UnitedHealth Branches Out With $2.3 Billion Surgical Care Deal
The U.S.’s biggest health insurer, UnitedHealth Group Inc., will buy Surgical Care Affiliates Inc. for about $2.3 billion, adding an outpatient surgery chain to its growing health care-delivery business. UnitedHealth will pay $57 a share, with with 51 percent to 80 percent of that in stock and the rest in cash, the companies said in a statement.
Why Surgical Care Affiliates Inc Operated Higher Today
UnitedHealth is best known as a health insurer, but the company also operates doctors’ offices and other healthcare services, such has urgent care facilities, through its OptumCare division. Buying Surgical Care Affiliates will add 205 surgical facilities to its offerings.
UnitedHealth Agrees to Buy Surgical Care for $2.3 Billion
UnitedHealth Group Inc. agreed to buy Surgical Care Affiliates Inc. for about $2.3 billion in cash and stock to add an outpatient surgery chain that will help the biggest U.S. health insurer diversify its business. UnitedHealth is paying $57 a share, with 51 percent to 80 percent of that in stock and the rest in cash, the companies said in a statement Monday.
UnitedHealth Is on the Sidelines
Year to date, shares of UnitedHealth are up 39% after the stock rallied on the back of a Trump victory. After the election, the stock rallied sharply as investors piled into the stock anticipating the end of Obamacare and major tax reform.
UnitedHealth Has More Room to Run: More Squawk From Jim Cramer
UnitedHealth is perhaps the most poised to benefit from a rollback of the Affordable Care Act, TheStreet’s Jim Cramer said. One of the hottest Dow stocks of the year has been UnitedHealth Group, with shares climbing over 37% for the year to date.