Merck Misses Estimates in 4Q; Plans Increased Focus on Cancer
Merck posted weaker-than-expected sales amid stronger competition from generic medicines, while the pharma heavyweight posted a full-year profit view that bracketed the Street's view.
Pfizer Tops 4Q Views on New Treatments, Emerging Markets
Pfizer reported better-than-expected fourth-quarter results, helped by sales of new treatments for cancer, nerve pain and arthritis.
Oncology Drugs Give Pfizer 3Q Boost
Pfizer reported better-than-expected third-quarter earnings helped by cost cuts and growing sales of recently approved cancer medicines.
Lagging Pacemaker Sales Don't Derail St. Jude in 3Q
The medical device maker reported improved earnings in the third quarter despite lagging sales of pacemakers and backed its full-year outlook.
CVS Fills More Prescriptions, Bests Street in 2Q
CVS Caremark's 2Q profit rose slightly more than expected, as profit growth at the pharmacy benefits management unit helped buoy modest improvements at the drugstores.
Weight Watchers Beats 3Q Profit Forecasts
Weight Watchers International Inc. (NYSE:WTW) on Thursday reported third-quarter net income of $21.8 million.
AIG Profit Lifted by AerCap, China Investment; Raises Buyback
Insurer American International Group Inc (NYSE:AIG) reported a 5.6 percent jump in quarterly operating profit, driven by investments in one of China's biggest insurers and earnings from aircraft leasing company AerCap.
Aetna 1Q Tops Expectations as Membership Grows, Raises Year View
The health insurer's first-quarter earnings fell 4.1%, partly due to integration and other charges, while its revenue and membership rolls increased.
Humana Sees Membership Growth Despite Funding Cuts
The insurer expects to grow its Medicare Advantage plans in 2014 despite government funding cuts, however it merely reaffirmed a full-year outlook that is slightly below expectations.
WellPoint 1Q Profit Beats as ObamaCare Spurs Enrollment
WellPoint posted a decline in first-quarter profit on reform costs but benefited from an increase in medical enrollment.
Cigna 4Q Profit Falls, Shares Slide
Cigna posted lower fourth-quarter profits as medical costs increased, and offered a soft full-year outlook.
WellPoint Optimistic on Enrollment Despite 4Q Profit Slide
The health insurer revealed a 68% decline in fourth-quarter profit on an across-the-board decline in membership, but it expressed optimism about enrollment in the new year.
Cigna 3Q Profit, Outlook Top Expectations as Fees Rise
Cigna's 3Q profit beat analysts' expectations as revenue increased and it managed medical costs in its commercial business.
Aetna 3Q EPS Falls Short, But Sales Jump on Coventry
Aetna reported a lower-than-expected profit for the 3Q, when cuts in government funding hurt results in the private Medicare business.
UnitedHealth Adds New Members But Outlook Concerns Investors
UnitedHealth's 3Q profit rose about 1% as an additional 275,000 people in its health insurance plans offset higher Medicare operating costs.
Humana 2Q Profit Climbs 18%
Humana's 2Q profit rose 18% as membership grew and premiums increased.
Merck 2Q Sales Disappoint as Singulair Slumps, But Profits Beat
The No. 2 U.S. drugmaker revealed considerably shy second-quarter revenues Tuesday, but profits narrowly surpassed Wall Street's view.
UnitedHealth 2Q EPS Beats Street on Enrollment Gains, But Sales Trail
UnitedHealth posted a bigger-than-expected rise in second-quarter earnings more people enrolled in its government-backed and private plans.
Week Ahead: Sparse Data and Some Earnings
The upcoming economic calendar is sparse by comparison to last week: manufacturing reports, trade data and more earnings.
Business events and economic reports scheduled for the coming week
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