UnitedHealth earnings fall on decline in investment income, shrinking margins but top viewsINDIANAPOLIS — UnitedHealth Group Inc. topped analyst expectations when it reported a slightly smaller first-quarter profit Tuesday, but company leaders say the sour economy is offsetting some of the gains the health insurer made. Bank of New York Mellon, General Motors, Delta, Broadcom are big market movers TuesdayNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: Gov. Kathleen Sebelius’ nomination to head health and human services sent to full SenateWASHINGTON — Kathleen Sebelius won Senate committee approval as health secretary over Republican opposition Tuesday, putting her on track for a final Senate vote in coming days. Her expected confirmation would complete President Barack Obama’s Cabinet, which held its first formal meeting Monday without Sebelius there. Gov. Kathleen Sebelius’ nomination to head health and human services sent to full SenateWASHINGTON — Kathleen Sebelius won Senate committee approval as health secretary over Republican opposition Tuesday, putting her on track for a final Senate vote in coming days. Schering-Plough’s 1st-quarter profit surges on lower costs, offsetting decline in salesNEW YORK — Schering-Plough Corp., in the process of being acquired by competitor Merck & Co., said Tuesday drug sales fell in the first quarter but profit tripled because of cost cutting and a charge in last year’s quarter related to an acquisition. Banks pull Street from slump after Geithner says ‘vast majority’ of banks have enough capitalNEW YORK — Treasury Secretary Timothy Geithner convinced Wall Street to give banks another chance Tuesday. |
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