On Tuesday, Shares of United Health Group Inc (NYSE:UNH), gained 0.92% to $113.19.
United Healthcare and the Magic Johnson Foundation will present Holiday Hope events to 2,800 families in Michigan.
Holiday Hope is a relief effort aimed at supporting distressed Michigan families during the holiday season. The events provide families with food, holiday trimmings, essential living necessities and other items to bring seasonal cheer.
The events – held on Saturday, Nov. 21, and Sunday, Nov. 22, in Detroit and Lansing, respectively – are part of a three-year partnership between United Healthcare and the Magic Johnson Foundation. United Healthcare will be the presenting sponsor for the Magic Johnson Foundation Holiday Hope efforts.
According to the 2014 America’s Health Rankings® report, Michigan ranks 31st in the nation for children living in poverty, with more than 19 percent of people under 18 living in households at or below the poverty threshold.
UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s United Healthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services.
Shares of Mann Kind Corporation (NASDAQ:MNKD), declined -2.22% to $2.20, during its last trading session.
Mann Kind Corporation, declared that Hakan Edstrom has stepped down as the President, Chief Executive Officer and as a director of Mann Kind. The board of directors of Mann Kind designated Alfred Mann as interim Chief Executive Officer, effective November 19, 2015. Mr. Mann will continue to serve as the Executive Chairman of the Company. A committee of the board will commence an immediate search for a successor CEO.
Mann Kind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes in the United States.
Finally, Shares of Southern Co (NYSE:SO), ended its last trade with -0.24% loss, and closed at $44.81.
Mississippi Power, declared it has filed a fuel cost request with the Mississippi Public Service Commission that would reduce the portion of customer bills related to fuel. Based on the request, a residential customer using 1,000 kWh of electricity per month could see an average savings of $13.70 on their total monthly bill.
If approved by the PSC, the lower fuel rates will go into effect in February. The total annual reduction in fuel costs in 2016 is about $120 million.
The requested decrease is being driven by the company’s ability to take advantage of lower fuel prices.
“I am very happy with the operation and reliability of all of our generating plants and the team of employees who support them,” said Anthony Wilson, Mississippi Power president. “Customers are receiving direct benefits from our ability to deliver clean, safe, reliable and affordable electricity from a flexible fuel portfolio.”
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi.