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News Highlights: Top Company News of the Day

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01/15/2020 | 07:16am EST
UnitedHealth Group Reports Higher Revenue in Latest Quarter 

UnitedHealth Group said revenue rose 4.25% in the latest quarter as the number of people it served in Medicare Advantage and commercial benefits programs rose.

Target Says Holiday Sales Missed Its Forecasts 

Holiday sales were sluggish at Target, raising questions about the strength of the retailer's turnaround plans and the health of the U.S. consumer.

T-Mobile-Sprint Deal Concern Mounts on Wall Street 

Shares of Sprint are trading at a more than 40% discount to the value of T-Mobile's proposed all-stock deal. The companies are preparing to make final arguments in a court battle with states led by California and New York.

Volvo Cars, China Unicom to Develop 5G Services 

Volvo Cars said it has joined forces with China Unicom to use fifth-generation mobile network technology for communication between cars and infrastructure in China.

NBCUniversal Executive George Cheeks Heading to CBS 

George Cheeks, a top executive at Comcast Corp.'s NBCUniversal, is headed to ViacomCBS Inc. in a senior role at CBS, where he could ultimately succeed Joe Ianniello as head of the network, according to people familiar with the matter.

Boeing Orders Fall to 16-Year Low 

Boeing said deliveries and new orders for its jetliners hit their lowest point in more than a decade as the global grounding of the 737 MAX undermined the aerospace giant's business.

The Key Decision Awaiting Boeing's New CEO 

Indecision at Boeing about building a midrange plane has allowed rival plane maker Airbus to eat away at a key market segment.

Senators Urge $1 Billion Plan to Loosen China's Grip on 5G 

A bipartisan group of U.S. senators, alarmed by the rise of Chinese electronics supplier Huawei Technologies, wants Washington to subsidize firms that could counter China's 5G advances.

Amazon Lifts Ban on FedEx Ground 

Amazon notified its third-party merchants that they could once again use FedEx's Ground network to ship orders placed under Amazon's Prime membership program.

Traton Cautious on Outlook 

German truck maker Traton said sales last year rose to 242,000 vehicles, but warned it expects a sales decline in Europe of 10%-20% this year for trucks weighing more than six metric tons.

Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 0.77% 132.82 Real-time Quote.1.01%
BOEING COMPANY (THE) -0.17% 338.3 Delayed Quote.4.03%
COMCAST CORPORATION -0.39% 45.97 Delayed Quote.2.22%
FEDEX CORPORATION 1.62% 161.14 Delayed Quote.4.87%
T-MOBILE US 0.61% 100.49 Delayed Quote.28.14%
UNITEDHEALTH GROUP 1.05% 305.31 Delayed Quote.2.78%
VOLVO 0.76% 173.05 Delayed Quote.9.43%
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