On Thursday, UnitedHealth Group Inc(NYSE:UNH)’s shares declined -2.72% to $119.87.
UnitedHealthcare has declared the winners of its “Well Deserved” award, an annual honor given to employers that have implemented innovative, industry-leading worksite wellness programs that assisted improve their employees’ health and well-being.
Award winners offered a variety of innovative wellness initiatives such as bilingual nurse liaisons, free yoga classes, weight loss challenges, incentives such as gift cards and premium reductions, and onsite flu shots and mammography screenings.
According to the Centers for Disease Control and Prevention, worksite wellness programs “can improve employee satisfaction, reduce stress, decrease absenteeism and enhance productivity.” UnitedHealthcare data reveal that worksite wellness programs may result in lower medical costs and better primary and preventive health care decisions for employees who take part.
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.
Aspen Technology, Inc. (NASDAQ:AZPN)’s shares dropped -1.74% to $38.45.
Aspen Technology, Inc. (AZPN), a leading provider of software and services to the process industries, recently declared financial results for its fourth quarter and fiscal year ended June 30, 2015.
Fourth Quarter and Fiscal Year 2015 Business Highlights
- The license portion of total contract value was $2.07 billion at the end of fiscal 2015, which raised 2.2% from March 31, 2015 and 11.8% contrast to the end of fiscal 2014.
- Total contract value, counting the value of bundled maintenance, was $2.46 billion at the end of fiscal 2015, which raised 2.2% from March 31, 2015 and 12.3% contrast to the end of fiscal 2014.
- Annual spend, which the company defines as the annualized value of all term license and term maintenance contracts at the end of the quarter, was $419 million at the end of fiscal 2015, an enhance of 1.9% from March 31, 2015 and 10.5% from the end of fiscal 2014.
- GAAP operating margin was 41.1%, contrast to 36.8% in the fourth quarter of fiscal 2014. Non-GAAP operating margin was 44.2%, contrast to 39.9% in the fourth quarter of fiscal 2014.
- We repurchased nearly 1.8 million shares of our common stock for $73.6 million in the fourth quarter of fiscal 2015.
Aspen Technology, Inc. provides software and services to the process industries worldwide. The company operates in two segments, Subscription and Software, and Services. It develops software that optimizes the design and operation of process manufacturing plants, and the administration of supply chains of energy and chemical companies.
At the end of Thursday’s trade, Waste Administration, Inc. (NYSE:WM)‘s shares dipped -0.06% to $52.57.
Waste Administration, Inc. (WM) declared the declaration of a quarterly cash dividend of $0.385 per share payable September 24, 2015 to stockholders of record on September 14, 2015.
Waste Administration, Inc., through its auxiliaries, provides various waste administration environmental services to residential, commercial, industrial, and municipal customers in North America. It offer collection services, counting picking up and transporting waste and recyclable materials from where it was generated to a transfer station, and material recovery facility, or disposal site, in addition to develops and operates landfill gas-to-energy facilities in the United States.
SINA Corp(NASDAQ:SINA), ended its Thursday’s trading session with -897% loss, and closed at $36.01.
SINA Corp (SINA)’s shares have been on an uptrend since the company declared on Jun 1 that it has signed a contract to sell as many as 11 million newly issued shares to Charles Chao, the company’s CEO and Chairman. Since then, shares have gained 11.7% so far.
The shares will be priced at $41.49 each, the average closing trading price of the company’s shares for 30 trading days trailing the agreement on May 29. The total value of the deal comes to about $456 million.
According to the deal, CEO Chao has reached a six-month lockup restriction per which he will not able sell any of these shares for a period of 6 months. This further boosted investors’ confidence in the company.
Growth potential of the e-commerce, e-banking, online payment and online entertainment services markets in China over the long term is a positive for the company. SINA’s micro-blogging platform Weibo has also been gaining immense traction of late. However the company’s core business has been witnessing sluggishness for the past few quarters owing to the ongoing shift from PC to mobile.
SINA Corporation, through its subsidiaries, operates as an online media company in the People’s Republic of China. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, including multimedia news; sporting events news; automobile-related news; business news coverage and personal finance columns; entertainment news and events; technology updates; interactive video products, such as news, sports, entertainment, and education; and education, digital, fashion, eLadies, luxury, health, collectibles, travel, and other interest-based channels.
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