Investors

UnitedHealth Slides as DOJ Medicare Probe Continues 45 minutes ago UnitedHealth Group (UNH) stock declined on Wednesday following a report from the Wall Street Journal that ex-employees and medical professionals have been interviewed by Department of Justice investigators over a probe into the insurer’s Medicare billing practices. The Journal reported that several doctors were interviewed last month by investigators

Kellogg Stock Soars on Report of Deal With Ferrero 20 minutes ago Shares of Frosted Flakes maker WK Kellogg (KLG) surged 50% in extended trading Wednesday following a report the company could soon be acquired by Italian sweets seller Ferrero. The two companies could finalize a deal worth roughly $3 billion as soon as this

Biggest S&P 500 Movers on Wednesday 1 hr 35 min ago Advancers Shares of AES Corp. (AES) skyrocketed 19.8%, leading gains on the S&P 500 following reports that the power generator is exploring a sale. Several major infrastructure investors including BlackRock’s (BLK) Global Infrastructure Partners unit have been evaluating an acquisition of AES amid declines in

AES Jumps on Report Company Exploring Possible Sale 4 minutes ago Shares in AES Corp. (AES) surged 14% in early trading Wednesday, pacing S&P 500 gainers, following a report the renewable energy firm is considering a sale, among other options. According to Bloomberg, citing people with knowledge of the matter, the company “is exploring options including

A Google Bull Gets More Bullish 11 minutes ago Oppenheimer analysts raised their price target for Google parent Alphabet (GOOGL) stock after survey data revealed a preference among respondents for the tech giant’s new AI search tools over competitors like ChatGPT.  The broker raised its price target to $220 from $200. Alphabet shares were up