Updated:
Original:

UnitedHealth posts big third-quarter net income

Minnetonka-based UnitedHealth Group's third-quarter net income jumped 23 percent, beating expectations, as preparations for retiring Baby Boomers started to pay off for the nation's largest health insurer, the Associated Press reports. UnitedHealth also raised its 2012 earnings forecast.
Author:

Minnetonka-based UnitedHealth Group's third-quarter net income jumped 23 percent, beating expectations, as preparations for retiring Baby Boomers started to pay off for the nation's largest health insurer, the Associated Press reports. UnitedHealth also raised its 2012 earnings forecast.

Next Up

Screen Shot 2021-10-15 at 10.01.55 PM

Large police presence at Emagine Willow Creek movie theater in Plymouth

There are few details at this stage as to what has happened.

Maple Grove Police Department

Maple Grove-based businessman convicted of fatally shooting wife

Wiseman owns properties in both Minnesota, Nevada and China.

betty and earls biscuits facebook

Jason Matheson's biscuit shop to briefly close ahead of relaunch

Betty & Earl's will shut down for two weeks before reopening under a new name.

Simon Merino Go Fund Me

Worker dies in forklift accident at paper recycling business

The victim was described as a loving father of two who was devoted to his church.

rosie means - go fund me

Authorities ID woman killed by hit-and-run driver who ran red light

A fundraiser was created to support the family after the "sudden and senseless loss."

Prior Lake Football

Watch: Prior Lake stuns Rosemount with last-second hook and ladder

The Lakers dusted off an old favorite to get a victory on Thursday night.

unsplas - maple leaf frost fall lawn

MN gets its first frost advisories, freeze warnings of the season

The coldest spots could dip to below 30 degrees overnight.

Fleck

Ahead of Big Ten clash, Huskers fans spend their Friday mocking PJ Fleck

Huskers fans are in a playful mood ahead of Saturday's game.

Jamal Smith

New 1st-degree murder charge for man accused in youth coach's killing

A grand jury indicted the suspect in connection with the shooting of Jay Boughton.

trick or treating halloween

COVID: Mayo Clinic's tips for staying safe while trick-or-treating

A layered approach, especially for those who aren't vaccinated, is recommended.

Walz

'My patience level is gone': Walz calls on lawmakers to help hospital strain

The governor said only legislators can enact some of the needed measures.

Related

UnitedHealth 2Q net income rises 5.5%

Rising enrollments for Medicare and Medicaid plans helped boost Minnetonka-based UnitedHealth Group in the second-quarter. The biggest U.S. health insurer says net income rose 5.5 percent to trump Wall Street expectations.

Ecolab's net income, sales surge in third quarter

Ecolab Inc., the St. Paul-based cleaning and pest-control giant, says its net sales jumped 74 percent to $3 billion in the third quarter, RTTNews.com reports. Net income was also up 54 percent compared to the same period a year earlier.

Capella Education's net profit plummets 49 percent in third-quarter

Capella Education, the parent company of the for-profit Capella University, says its third-quarter net income was $5.1 million, down nearly 50 percent compared to the $9.9 million it earned in the July-September quarter last year, the Associated Press reports. Even as total enrollment, revenue and net income fell, new student enrollment at the Minneapolis-based provider of online post-secondary education rose 10.5 percent compared to last year -- the first increase in nearly two years, Reuters reports.

UnitedHealth reaches rare milestone

The Minnetonka-based health insurer brought in more than $100 billion last year. The Star Tribune reports UnitedHealth is among just 22 publicly traded companies and the first in Minnesota to reach that milestone. Read more ...

UnitedHealth to replace Kraft in Dow 30

The Dow Jones industrial average is sticking a fork in Kraft Foods. Minnetonka-based insurer UnitedHealth Group will replace the lunch meat maker in the 30-stock index, the most widely known barometer of the U.S. stock market.

UnitedHealth awarded $20 billion U.S. Department of Defense contract

The Minnetonka-based health insurer will provide military health insurance coverage for 21 western states. UnitedHealth lost a separate contract for the southern region in June.

UnitedHealth Group

UnitedHealth Group posts quarterly profits of $4.1 billion

The Minnetonka-based health insurance giant is Minnesota's most valuable company.

UnitedHealth board OKs dividend hike, buyback plan

The largest U.S. health insurer is increasing its quarterly dividend by more than 30 percent and authorizing a new plan to buy back 110 million shares. Minnetonka-based UnitedHealth Group says the actions reflect solid growth across its enterprise.