Health Care

Pfizer's 4Q Earnings Beat, Outlook Misses

Dow component Pfizer reported an adjusted 4Q profit of $0.53 per share, topping the estimate for $0.52. Revenue for the drugmaker came in at $14 billion, also beating the estimate for $13.56 billion.

Aetna's 4Q Profit Rises

Health insurer Aetna reported a 38 percent rise in quarterly profit, helped by strong performance in its government business that sells Medicare and Medicaid plans.

States Nearing End of Medicaid Boost

The $100 billion of stimulus money that boosted funding for Medicaid will run out at the end of June, leaving states in a tough spot.

Eli Lilly's 4Q Revenue Matches Estimate

Eli Lilly reported an adjusted 4Q profit of $0.78 per share, matching the estimate. Revenue for the drugmaker came in at $5.38 billion, beating the estimate for $5.3 billion.

Report: Boston Scientific to Split Heart Divisions

Boston Scientific is reportedly planning on reversing at least some of the restructuring put in place by its former CEO by separating the two main divisions of its biggest business and is preparing another round of job cuts.