UnitedHealth Group posted more than $ 6.6 billion in second-quarter earnings, by far the conglomerate’s highest quarterly profit, according to an analysis of financial data from the FactSet company. Because it is important: Most companies struggled in the second quarter as the coronavirus pandemic froze the economy, but health insurers …
Read More »Virgin Galactic, Twitter, Norwegian Cruise Line and more
Norwegian Cruise Line The Norwegian Bliss cruise ship passes the John Hopkins Inlet in Glacier Bay, Alaska on July 11, 2019. Tim Rue | Bloomberg | fake pictures Check out the companies that make headlines after the bell: Moderna – Moderna’s shares soared in extended trading after rising nearly 7% …
Read More »Stocks close further in virus vaccine progress
Stocks ended Wednesday on the upside with the news that a candidate Coronavirus vaccine from Moderna (MRNA) – Get report produced the desired immune response and that group Goldman Sachs (GS) – Get report posted stronger earnings than expected. Optimism was somewhat affected by reports that China promised to retaliate …
Read More »Goldman Sachs (GS) Earnings 2Q 2020
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, on January 23, 2020. Adam Galacia | CNBC Goldman Sachs reported windfall earnings for the second quarter as the company’s focus on trade and investment banking paid off during the market turmoil caused by the coronavirus …
Read More »Wells Fargo changes to $ 2.4 billion in losses and divides dividends
Wells Fargo (WFC) – Get report on Tuesday it posted a deeper-than-expected second-quarter loss and cut its dividend by a broader-than-expected margin as the coronavirus pandemic continued to hit earnings and the bank’s earnings outlook. The San Francisco-based bank reported a net loss of $ 2.4 billion, or 66 cents …
Read More »