Minnetonka-based UnitedHealth Group has reportedly approached rival Aetna with a possible merger deal. The takeover deal is valued somewhere around $40 billion, according to a report in the Wall Street Journal.
UnitedHealth Group is raising its cash dividend by more than 30 percent once again, as the nation’s largest health insurer keeps pace with its rising stock price. The Minneapolis company said Wednesday its board backed a dividend of 50 cents per share to be paid on June 24 to shareholders of record as of June 15.
The jockeying is intensifying for two groups hoping to land a Major League Soccer franchise in Minnesota.
UnitedHealth Group says its second-quarter earnings slipped 2 percent on a rise in taxes and other expenses, but the nation’s largest health insurer still trumped analyst expectations. The Minnetonka-based company also raised the low end of the earnings range it forecasts for this year.
UnitedHealth is once again hiking the quarterly dividend it gives shareholders by more than 30 percent, with the latest increase tripling the initial value of a payout the nation’s largest health insurer debuted in 2010.
Minnesota is home of a lot of great companies, but now we’re home to some of the top places that young job seeks say they’d love to work for. The National Society of High School Scholars compiled a list of the top 25 companies in the country that millennials want to work for.
The country’s largest health benefits and services company will join Michigan Gov. Rick Snyder to make a jobs-related announcement. UnitedHealth Group CEO Stephen Hemsley and Snyder on Tuesday afternoon are planning to discuss the future of subsidiary Optum in the state.
UnitedHealth Group’s first-quarter net income slid 8 percent as funding cuts to a key product and costs imposed by the health care overhaul dented the health insurer’s performance. The Minnetonka company said the overhaul and government budget cuts added about 35 cents per share in costs during the quarter.
UnitedHealth Group’s fourth-quarter earnings jumped 15 percent to edge above expectations, as the nation’s largest health insurer added millions of customers and booked a sizeable gain from a business that doesn’t sell insurance.
The leader of Minnesota’s health insurance exchange said Wednesday that some portion of its customers won’t be able to nail down coverage ahead of a March 31 federal deadline by using its troubled website, and will need to do so by filing a paper application.
UnitedHealth Group Inc.’s third-quarter earnings inched up 1 percent in a rare performance that failed to trump Wall Street expectations. The nation’s largest health insurer also gave a less-than-reassuring vibe to investors by narrowing its 2013 forecast instead of raising it.
With just four months to go before Minnesota’s new health insurance exchange goes live, it remains to be seen how many choices consumers will get. The names of companies that will offer competing plans via MNsure have not been announced.
The NFL has agreed to pay $42 million as part of a settlement with a group of retired players who challenged the league over using their names and images without their permission.
Minnesota United FC is the new name of the state’s professional soccer team.
Starting on Veteran’s Day, an American retailer says it will hire more than 100,000 returning veterans in the next five years.
UnitedHealth Group’s third-quarter net income jumped 23 percent to trump expectations, as preparations for retiring Baby Boomers started to pay off for the nation’s largest health insurer. UnitedHealth also raised its 2012 earnings forecast.
UnitedHealth Group Inc. will spend about $4.9 billion in cash to buy a majority stake in Brazilian health benefits and hospital services provider, as the largest U.S. health insurer takes a big leap toward international growth.
Health insurer UnitedHealth Group says it is raising its quarterly dividend by 30 percent.
UnitedHealth Group Inc.’s first-quarter net income rose 3 percent as enrollment and revenue gains countered an increase in operating costs, and the health insurer raised its 2012 earnings forecast.
UnitedHealth Group’s Optum business is becoming the latest company to launch a service so doctors can share information about patients over the Internet.
UnitedHealth Group Inc.’s fourth-quarter net income jumped 21 percent, but the insurer saw signs of health care use picking up and left its 2012 earnings forecast unchanged.
Standard & Poor’s Ratings Services on Wednesday raised its credit outlook on health insurer UnitedHealth Group Inc. to “positive” from “stable,” saying the company’s financial position has improved compared with its competitors’.
UnitedHealth Group Inc. said Tuesday its second-quarter earnings rose 13 percent, as enrollment gains helped fuel revenue growth and consumers continued to moderate their health care system use.
UnitedHealth Group says it will raise its quarterly dividend 30 percent to 16.25 cents starting in June, about a year after it became the first large health insurer to start rewarding shareholders with a quarterly payout.
Twenty Minnesota companies made it into the newest edition of Fortune 500, illustrating the state’s corporate strength.