HealthNet narrows 2008 profit outlook; quarterly net up 46%
HealthNet Inc.'s fourth-quarter earnings rose 46%, thanks to gains in both Medicare enrollment and new commercial accounts, the company said Tuesday. The Woodland Hills, Calif.-based managed-care organization also narrowed its 2008 profit forecast, revised to a range of $4.14 to $4.17 a share from a prior forecast of $4.14 to $4.21. Analysts are currently looking for $4.17 a share, on average. feeds.marketwatch.com |
Swiss Re Q4 Profit Seen Evaporating, Subprime Eyed
ZURICH (Reuters) - Net profit at Swiss Re isexpected to all but disappear in the fourth quarter after itswritedowns last year, and markets are keen to see whether thecredit crisis will further hurt the world's largest reinsurer. feeds.reuters.com |
Liz Claiborne Swings to a Loss
Liz Claiborne reported a fourth-quarter net loss of $435.7 million as sales in its partnered-brands segment dropped 20%. online.wsj.com |
Best Buy Finishes 'Tough Year'
Best Buy's profit slipped 3.4% as same-store sales dipped amid the weakening U.S. economy, but the electronics retailer issued an upbeat forecast for later in the year. online.wsj.com |
U.S. welcomes full reopening of South Korean market to American beef
The agreement to fully reopen the South Korean market to U.S. beef exports is consistent with international standards and World Animal Health Organization (OIE) guidelines, U.S. Trade Representative Susan Schwab said Friday. The agr ... english.people.com.cn |