- With U.S. holiday shopping set to take off, Best Buy's founder and the company's current CEO are reportedly meeting in Minnesota this week.
- UnitedHealth Group Inc. (NYSE:UNH), the biggest U.S. health insurer by revenue, said it was partnering with a Dubai-based insurance company to provide service throughout the Middle East. The announcement is further proof of an ongoing trend for U.S. health insurers, who are looking to expand internationally in the face of some business uncertainty at home.
- Shares of Vital Images Inc. (NASDAQ: VTAL) jumped a new 52-week high of $18.71 on Thursday. The company said Wednesday it agreed to be acquired by a subsidiary of Toshiba Medical Systems Corp. for $18.75 per share, or about $273 million, through a cash tender offer followed by a merger.
- Endo Pharmaceuticals (Nasdaq: ENDP) announced an agreement to acquire American Medical Systems (AMS) (Nasdaq: AMMD), a maker of medical devices to treat pelvic conditions, for $30 per share or $2.9 billion in cash, to boost its core urology franchise.
Table Trac, Inc. (TBTC.OB) Wins Big, Deploying 26th CasinoTrac System to Oklahoma Keetoowah Cherokee CasinoTable Trac, Inc., www.TableTrac.com, out of Minnetonka, MN, the developer of the new patented CasinoTrac system which creates unprecedented casino floor situational awareness by allowing management to dictate command virtual presence of the entire environment in real-time via an automated, comprehensive, intuitive and continuous system that runs on any PC, disclosed details today regarding the [...]
- UnitedHealth Group Inc and former chief executive William McGuire will pay $925 million to resolve an investor class-action lawsuit accusing the health insurer of improperly backdating stock options.
- UnitedHealth Group Inc.'s former CEO William W. McGuire agreed on Thursday to repay over $400 million in compensation -- in addition to $200 million he previously gave up -- as part of a settlement deal with the company and government regulators over an options backdating scandal.
- Shares of medical firm American Medical Systems Holdings, Inc. (NASDAQ: AMMD) plunged nearly 18 percent on Wednesday after the firm lowered its expectations for first quarter revenue.