Stock Alert: UnitedHealth Group Edges Down
Shares of UnitedHealth Group Inc. (UNH) are sliding in morning trade after gapping down at open. The market is on a negative trend on Tuesday and no company-specific news have been reported.
The shares are at $249.14, down 0.85 percent from its previous close of $251.28.
UNH has been trending lower since the start of March as a result of the COVID-19 outbreak. It had risen after the declaration of $2 trillion stimulus bill.
For the 52 week period, the shares traded in a range of $187.72 – $306.71 on an average volume of 5,896,054 .
US to sell $40 bln in 154-day cash management bills on April 2
March 31 (Reuters) – For details of the U.S. Treasury’s $40 billion auction of 154-day cash management bills on April 2, see:
here (Reporting By Karen Brettell)
Coronavirus: Saudi minister tells Muslims to wait on making haj plans
RIYADH (REUTERS) – Saudi Arabia is urging Muslims to wait before making plans to attend the annual haj pilgrimage until there is more clarity about the deadly coronavirus pandemic, the kingdom’s minister for haj and umrah said on Tuesday (March 31).
Some 2.5 million pilgrims usually flock to the holiest sites of Islam in Mecca and Medina each year for the week-long ritual, which is a once-in-a-lifetime duty for every able-bodied Muslim and a major source of income for the kingdom.
Lloydminster RCMP investigating gun shots near motel
RCMP in Lloydminster are searching for suspects in an early morning shooting on March 20.
Constable Michael Hagel said multiple gun shots were reported near a hotel in the 4700 block of 44th street on the east side of the city — a bullet was found lodged in a motel window frame.
Do you have to work during the pandemic? Winnipeg labour lawyer lays out options
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Caitlyn Jenner, Laverne Cox & More Trans Celebs to Celebrate
We’d like to celebrate our favorite transgender celebs today, and all the incredible work they’ve done in their community. Here are 13 celebs you should definitely have on your radar.
COVID-19: Gaza ramps up medical equipment production
The Palestinian territory has confirmed just 10 cases of the disease but medics fear a wider spread would have devastating effects on the territory.
Factories in Gaza are ramping up production of medical equipment to tackle the coronavirus.
The territory has confirmed just 10 cases of the disease.
But medics fear a wider spread would have devastating effects on the territory.
Al Jazeera’s Harry Fawcett reports.
Stock Alert: MagnaChip Rises As Co. Decides To Sell Foundry Services
Shares of MagnaChip Semiconductor Corporation (MX) are surging more than 25% Tuesday morning after the company decided to sell its Foundry Services Group and and Cheongju Fab 4, to an Alchemist Capital Partners Korea consortium, to focus more as a pure-play standard products company.
As per the deal, the total transaction value is approximately $435 million in cash.
MagnaChip expects to use net operating loss carryforwards to offset a portion of the tax obligations related to this transaction and plans to use the net proceeds to pay off debt.
The transaction is expected to close within four to six months.
MG is currently trading at $11.69. It has traded in the range of $6.30- $16.06 in the past one year.
SAG-AFTRA Alerts Members To COVID-19 Casting Scam Seeking Nude Videos
A COVID-19 casting scam has been trolling actors for nude audition videos and their passport information for a fake fashion show in Paris.
“We find it appalling that someone would use this global crisis to take advantage of our members and those who aspire to work under our contracts,” SAG-AFTRA said Tuesday. “It is even more troubling that someone would do so in order to obtain personally identifiable information and nude videos that can be used for nefarious and salacious purposes.”
The union told its members that they “should always exercise caution when submitting personally identifiable information and audition tapes,” noting that “no SAG-AFTRA franchised agent is authorized to solicit materials of a sexual nature from any current or future member; it is a violation of SAG-AFTRA agency regulations to do so.
“To the best of our knowledge, no union franchised agent is associated with this nefarious scheme, but we urge members to report any concerns they may have about their agents as it relates to this, or any other, issue…It is even more critical now, when individuals with ill intent may seek to take advantage of the current production shutdown and everyone’s desire to return to work.”
Kuwait banks to postpone loan payments for affected companies – c.bank head
DUBAI, March 31 (Reuters) – Kuwait’s central bank has asked banks to postpone loan repayments for private sector companies affected by the coronavirus pandemic for three months, its governor said on Tuesday.
The banks have responded positively to postponing affected companies’ dues without interest or penalty fees, Governor Mohammad al-Hashel said in a television interview posted by the central bank on Twitter.
NFL Adds Playoff Games On Nickelodeon & Peacock As Postseason Expands To 14 Teams
The NFL’s owners have voted to expand the playoffs to include 14 teams and will add postseason games on Nickelodeon and NBCUniversal’s new streamer Peacock.
The changes — which had been agreed to in the league’s latest collective-bargaining agreement with players — will take effect for the coming 2020 season, NFL Network insider Ian Rapaport said per sources. The moves were approved today during a conference call among owners that replaced the league’s annual meeting that was canceled amid the coronavirus crisis.
The added AFC and NFC Wild Card games will feature each conference’s 2-seed hosting the 7-seed, the 3 hosting the 6 and the 4 seed hosting the 5. NBC and CBS are set to air the additional wild card games, the league said on its website.
The NFL playoffs had been limited to 12 of the league’s 32 teams.
Tony Romo Connects On Long-Term CBS Sports Contract Extension As NFL Lead Game Analyst