On Wednesday, Shares of UnitedHealth Group Incorporated (NYSE:UNH), dropped -1.23% to $117.81.
UnitedHealth Group Incorporated, is seeking to grant funds for specific proposals from community organizations to improve nutrition and physical activity resources for Michigan’s youth.
Initial grants will range from $20,000 to $30,000. Qualifying organizations, counting Michigan-based nonprofits and Federally Quality Health Centers (FQHCs), can receive the full Request for Proposal (RFP) by contacting [email protected]. Proposals are due May 1, 2015. Awardees will be notified Sept. 30, 2015.
The RFP was developed following a community brainstorming session that brought together people from nonprofit and community-based organizations to develop strategies to address the issue.
UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare 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 Yahoo! Inc. (NASDAQ:YHOO), declined -1.16% to $43.97, during its last trading session.
In advance of, Yahoo!, NewFronts presentation next week in New York where the company will spotlight its evolving video content, the company declared two new video advertising products: native video and video app install ads.
Yahoo has video formats that assist advertisers with their campaign aims from brand awareness to performance-based objectives. With native video ads, Yahoo combines two of the most engaging digital formats so brand content can be as compelling as a video and as seamlessly integrated into Yahoo’s homepage, digital magazines and Yahoo apps as our traditional native ads. According to a recent blind case study for an advertiser, viewing native video ads on Yahoo raised brand favorability up to 50 percent and purchase intent up to 28 percent.
With video app install ads, app marketers and developers can now promote their apps across Yahoo and thousands of other apps through Yahoo Gemini. Yahoo research shows that consumers who download an app after watching a trailer use the apps 40 percent more often and 20 percent longer each and every time contrast with regular display install ads.
Yahoo! Inc. provides search and display advertising services on Yahoo properties and associate sites worldwide. The company offers Yahoo Search that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktops.
At the end of Wednesday’s trade, Shares of BlackBerry Limited (NASDAQ:BBRY), dwindled -1.10% to $9.92.
Certicom Corp., a partner of BlackBerry Limited (BBRY), declared a new managed public key infrastructure certificate service for connected devices, unleashing the performance of its renowned security technology for a broad range of Internet of Things (IoT) applications. This cost-effective service will assist device manufacturers and service providers secure their IoT networks and ecosystems, ensuring that the devices they connect are known and trusted. The service puts security certificates under Certicom’s administration, meaning customers can focus more on their core business and less on security infrastructure and administration.
On the week of April 13, Certicom began issuing certificates for the smart meter initiative in the United Kingdom, a market with over 104 million smart meters and home energy administration devices that conform to ZigBee® Smart Energy specifications. Certicom designed this new managed PKI certificate service to scale up to hundreds of millions of connected devices. Since 2008, Certicom has issued nearly 60 million ZigBee device certificates to secure smart meters and energy administration devices worldwide. Members of the ZigBee Alliance use the certificates to enroll devices into a network and protect sensitive data with powerful, efficient Elliptic Curve Cryptography (ECC) from Certicom.
BlackBerry Limited provides wireless communications solutions worldwide. The company offers BlackBerry wireless solutions, which comprise the sale of BlackBerry handheld devices; and the provision of data communication, and compression and security infrastructure services enabling BlackBerry handheld wireless devices to send and receive wireless messages and data.
Finally, Hatteras Financial Corp (NYSE:HTS), ended its last trade with -1.08% loss, and closed at $18.40.
Hatteras Financial, declared financial results for the quarter ended March 31, 2015.
First Quarter 2015 Results
For the quarter ended March 31, 2015, the Company had comprehensive income accessible to common shareholders of $48.7 million, or $0.50 per weighted-average common share, as contrast to $23.7 million, or $0.24 per weighted-average common share, for the quarter ended December 31, 2014. The raise in comprehensive income accessible to common shareholders was largely due to a tighter correlation between the changes in the fair values of the Company’s investments and hedging instruments as contrast to the fourth quarter. For the quarter ended March 31, 2015, the Company had core earnings of $0.56 per weighted-average common share contrast to $0.59 per weighted-average common share during the quarter ended December 31, 2014. The decrease was driven primarily by a slight decrease in the yield of our investments and a slight raise in hedge costs comprised of in core earnings, partially offset by lower operating expenses. “Core earnings” represents a non-GAAP measure and is calculated as net interest margin, as adjusted for certain derivative influences, less operating expenses and dividends on preferred stock. Administration believes core earnings is additional useful information regarding the Company’s performance and an enhancement to the Company’s reporting. Administration uses core earnings as a measure of the earnings power of the portfolio and uses it as an additional gauge for determining appropriate distributable income, among other things.
Net interest margin for the quarter ended March 31, 2015 was $59.8 million, contrast to $61.1 million for the quarter ended December 31, 2014. The Company’s net interest spread raised to 1.32% for the first quarter of 2015 contrast to 1.31% for the fourth quarter of 2014, driven by lower average cost of funds. The yield on the Company’s mortgage-backed securities (“MBS”) reduced to 2.03% in the first quarter contrast to 2.08% in the fourth quarter due to a slight decrease in average gross coupon and an raise in prepayments resulting in higher premium amortization expense. Effective net interest margin, which comprises certain adjustments related to derivatives in addition to TBA dollar roll income, was $67.5 million for the first quarter of 2015 as contrast to $71.7 million for the fourth quarter of 2014. Average portfolio yield counting TBA dollar roll income was 2.08% in the current quarter, down from 2.16% in the fourth quarter of 2014.
The Company’s cost of funds reduced from 0.77% to 0.71% for the quarter ended March 31, 2015 contrast to the previous quarter, driven by non-cash influences from amortization of the Company’s deferred swap loss. The Company’s average short-term financing rate was 0.36% in the first quarter of 2015, contrast to 0.35% in the fourth quarter of 2014. The Company’s effective cost of funds, which comprises certain adjustments related to derivatives, was 1.11% for the first quarter as contrast to 1.04% for the fourth quarter, driven by losses on maturing Eurodollar futures contracts. Operating expenses, counting those of the Company’s auxiliaries, were $8.3 million for the first quarter as contrast to $9.1 million in the fourth quarter, reflecting lower personnel costs in the current quarter. The total annualized expense ratio was 1.35% of average shareholders’ equity for the quarter ended March 31, 2015 as contrast to 1.49% for the quarter ended December 31, 2014.
Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT) in the United States. It invests primarily in single-family residential mortgage real estate assets, such as mortgage-backed securities, which are pass-through securities guaranteed or issued by the United States Government agency or the United States Government-sponsored enterprises; and other financial assets.
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