Brazil Usiminas Swings to 2Q Net Loss of BRL87 Million
Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA (USIM5.BR, USZNY), or Usiminas, reported a second quarter net loss of 87 million Brazilian reais ($42.87 million), reversing its gain of BRL157 million in the year-earlier period, the company said Monday.
Movistar, Entel, Claro Awarded Chile's 4G Spectrum
Mobile-telecommunications companies Empresa Nacional de Telecomunicaciones SA (ENTEL.SN), Movistar--the local unit of Spain's Telefonica Moviles SA (TELMOVC1.VL)--and Claro, owned by Mexico's America Movil SAB (AMX, AMX.MX, AMOV), were awarded Chile's fourth-generation wireless spectrum, the
Accretive To Cease Minn. Business, Pay Settlement
Accretive Health has agreed to cease its operations in Minnesota for two years and pay $2.5 million to state coffers in order to settle a case brought by state Attorney General Lori Swanson, according a Securities and Exchange Commission filing on Monday.
Humana Reports Weaker Profit, Cuts Guidance
Humana Inc. (HUM) reported weaker second-quarter earnings while cutting its full-year forecast late Monday because of high costs for both new and existing customers on Medicare plans.