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News
Profit slide at Target hints at meager holiday season for the retailer
9+ mon, 3+ week ago (22+ words) Target’s third-quarter profit tumbled as the retailer struggles to lure shoppers that are being pressed by stubbornly high inflation....
Intel posts profit even as it struggles to regain market share
10+ mon, 2+ week ago (290+ words) The one-time American tech icon reported a net income of $4.1 billion, or 90 cents per share, in the three months ending in September, up from a loss of $17 billion, or $3.88 per share, a year earlier. Revenue climbed 3% from last year to…...
A breakup or the cusp of greatness: What Medtronic’s big changes mean for its future
11+ mon, 1+ day ago (1707+ words) A decade after blockbuster $49.9 billion merger, former leaders say Minnesota-run medtech maker facing innovation reckoning. Medtronic’s stock sat on the discount rack for years. Then, in August, a well-known activist investor finally took the bait, buying a sizeable stake in…...
Ramstad: It’s becoming clearer UnitedHealth Group isn’t just going through a rough patch
11+ mon, 1+ week ago (866+ words) UnitedHealth Group’s incredible fall this year looks less and less like a temporary problem. In the nearly six months since the stock of the Eden Prairie-based health care company crashed, it has become clearer to big investors that a fundamental…...