Humana Reports Weaker Profit, Cuts Guidance
Humana Inc. (HUM) reported weaker second-quarter earnings, pressured by a recent legal settlement, while cutting its full-year forecast because of high costs for both new and existing customers on Medicare plans.
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.