Shares of Humana, UnitedHealth, Aetna and others went up Monday as estimates of the 2015 payment rate reduction estimates appeared to land closer to 4 percent than to the initial expectations around 7 percent or even deeper. Shares of ...
Tags: Medicare reimbursement cuts, Health&Medicine, pay health plans
GfK Retail and Technology has released its quarterly report on the state of the electrical retailing industry in what it calls “Technical Consumer Goods (TCG), painting a mixed picture across varying segments in both the consumer ...
Tags: electrical retailing industry, Technical Consumer Goods
China's economy is finally rebounding from its deepest slump since the 2008 global crisis but the shaky recovery could be vulnerable to a new downturn in global trade. Growth rose to 7.9 percent in the three months ending in December, up ...
Company profit expectations have reached their highest level since 2003, with Australian businesses anticipating a jump in takings in the New Year on the back of stronger sales and firming selling prices. Continuing initial positive ...
Tags: Business Earnings, economy
According to the market expectations, the FED of Australia cut benchmark interest rates to 2.5%. The fed said, the outlook for inflation may create a favorable environment for further rate cuts. Analysts said, although the Australian dollar ...
Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
THE Australian dollar rose after investors interpreted the Reserve Bank of Australia minutes as suggesting there was less chance of another rate cut in August. At 6.30am AEST the local unit was trading at 92.54 US cents, up from 91.82 ...
Tags: economy
The Aussie fell after the central bank left the door open for more interest rate cuts and forecast the currency might fall further as commodity prices slide. The minutes of the Reserve Bank of Australia's policy meeting on June 4 showed ...
The Australian dollar came under a fresh wave of selling yesterday on news of weaker-than-expected economic growth in the first quarter, which reignited talk of further rate cuts this year. Government figures showed gross domestic product ...
Tags: Australian Dollar, Rate Cuts
After their expectations reached a 24-year low in the previous quarter, businesses are indicating that price rises are on the agenda in the new financial year as they seek to retain profits while compensating for cost pressures and low ...
Tags: Service, Bank, Price Expectations
A SHOCK contraction in Chinese manufacturing and the prospect that the US Federal Reserve could soon unwind its quantitative easing measures rocked local markets yesterday, pushing the Australian dollar close to an annual low and wiping ...
After a torrid trading week that saw more than $30 billion wiped off local stocks and the Australian dollar slide further, investors will be hoping for some economic cheer from China this week to offset further confirmation that Australia's ...
The dollar continued to test fresh 11-month lows, extending a week-long decline built on rising concerns about the outlook for the resources-rich economy and renewed strength in the US dollar. Late today, the Aussie was trading at ...
Tags: Dollar Down, Service, Economic Outlook
High-profile stockbroker Charlie Aitken has weighed into the debate around the Australian dollar, saying that a wave of hedge funds could be set to short the currency and the biggest winners would be industrial stocks, not resources. As ...
Tags: Australian Dollar, Charlie Aitken
The sharemarket ended flat yesterday as companies with offshore earnings and high-yield stocks returned to favour, offsetting weak demand for resources. Investors' recent enthusiasm for resources was dampened by further declines in ...