(Reuters) - U.S. healthcare reform spawned a wave of lowered profit forecasts this week as drugmakers quantified the costs, but the pain should be manageable until the new law starts helping results in 2014.
Federal Reserve Chairman Ben Bernanke said on Tuesday the country's budget deficit is on an unsustainable path and requires near-term action from policymakers to avoid dangerous outcomes.
U.S. stocks rose to a 19-month high on Friday as Merck eased concerns about the impact of healthcare reform, saying its costs will be relatively low.
U.S. stocks rose on Friday as news from Merck soothed worries about the corporate cost of healthcare reform and energy shares were boosted by higher oil prices.
The Dow and S&P 500 edged higher on Friday, led by gains in energy and healthcare stocks.
Stocks finished little changed on Wednesday as disappointing outlooks from healthcare companies offset strong earnings from Morgan Stanley and Apple Inc .
U.S. stocks were little changed on Wednesday as disappointing outlooks from healthcare companies overshadowed strong earnings from Morgan Stanley and Apple Inc .
U.S. stocks slipped on Wednesday as disappointing outlooks from healthcare companies, including Abbott Laboratories , overshadowed stronger-than-expected earnings from Apple Inc and Morgan Stanley .
U.S. stocks were little changed on Wednesday after losses in healthcare stocks offset strong gains by Apple Inc and Morgan Stanley after they posted higher-than-expected earnings.
Boeing Co , the world's second-largest plane maker, reported a higher-than-expected quarterly profit on Wednesday, despite making fewer deliveries as the company held down costs at its commercial airplane division.
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U.S. stocks drifted lower on Wednesday on losses by healthcare and energy stocks, offsetting strong gains by blue chips Apple Inc and Morgan Stanley.
Johnson & Johnson and Swiss rival Novartis Holding AG reported better-than-expected quarterly earnings, but the results did not suggest accelerating growth for the drugmakers.
UnitedHealth Group Inc's first-quarter profit soared past Wall Street estimates on strong performance for its array of health plans, but fears that the new reform law will prevent such gains in the future undercut stock gains.
Johnson & Johnson on Tuesday reported better-than-expected first-quarter earnings, with strong sales growth of medical devices offsetting revenue declines for its prescription drugs and tepid growth for its array of consumer products.
(Reuters) - Making simple changes like getting people to take their medicines exactly as directed or to refill their prescriptions on time could save employers and their workers as much as $163 billion a year in healthcare costs, U.S. researchers said on Tuesday.
Dutch Philips Electronics on Monday reported first-quarter operating profit above the most optimistic forecast, driven by its lighting unit and cost cuts, sending shares to a 23-month high.
Rural health groups is nervous about the outcome of the talk regarding healthcare reforms which is held at COAG today.
Old age people are prone to accident risk in their own home. Changes in vision, hearing, muscle strength, co-ordination and reflexes make older people vulnerable to falls; they may fall on a staircase because of poor lighting, sprained their muscles when lifting heavy things or burn themselves while using the kitchen. While these accidents may be small for young people but for the aged, special ai...
General Electric Co reported a sharply higher profit than Wall Street had expected and sees potential for upside to its earlier forecast of flat 2010 results.
(Reuters) - People living in countries with government-run healthcare systems like Sweden and Canada are far more confident than Americans that their families can get good, affordable care, according to a 22-nation survey released on Thursday.
The Ministry of Ageing has recently released a report that the Rudd Government will invest $386 million to increase the number of services in aged care to better support older Australians.