UnitedHealth responds to fraud investigation report
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UnitedHealth Group CEO steps down
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Stephen Hemsley hasn’t been CEO at UnitedHealth Group in nearly a decade yet he’s never really left. Hemsley, 72, has remained chairman and a major shareholder in the health care behemoth — and now is back in the CEO
UnitedHealth faces valuation reset amid CEO change, regulatory probes, and cost overruns. Click here for a full analysis of UNH stock.
Wall Street dipped on Thursday as elation from the U.S.-China tariff truce faded for major indexes, while UnitedHealth's stock took a pummeling after a report of a DOJ fraud inquiry into the insurer.
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In 2024 the 50 largest public companies in Minnesota saw their total revenue grow a collective 3.4% and profits by 11%. But new tariff proposals, policy changes and sinking consumer confidence threaten growth.
UnitedHealth Group stock has plummeted since my last Buy rating and is ~55% off highs, but its lower valuation now offers a significant margin of
Wall Street's main indexes opened lower on Thursday as euphoria from the U.S.-China tariff truce waned, while UnitedHealth's stock was pressured following a report that the DoJ was investigating the health insurer for fraud.
UnitedHealth is being investigated by the Justice Department for possible criminal Medicare fraud, The Wall Street Journal reports, while Dick’s Sporting Goods is close to buying Foot Locker for $2.3 billion.
UnitedHealth probed by DoJ for potential Medicare fraud-report. Dick's Sporting Goods close to deal for Foot Locker-WSJ. Warren Buffett reveals why chose to hand over Berkshire's reins.