Biogen (NASDAQ: BIIB) shares are trading lower after Cleveland Clinic said it would not administer the company's Aduhelm Alzheimer's medication, which has added to controversy surrounding the drug.
Big banks continue to hold up their end of the bargain, but the rest of the market doesn’t seem too impressed this morning. Major indices declined overnight amid worries about the Chinese economy, while slipping U.S. bond yields put a little pressure on things, too.
UnitedHealth Group (NYSE:UNH) reported quarterly earnings of $4.70 per share which beat the analyst consensus estimate of $4.43 by 6.09 percent. This is a 33.99 percent decrease over earnings of $7.12 per share from the
Companies Reporting Before The Bell
• Truist Financial (NYSE:TFC) is estimated to report quarterly earnings at $1.17 per share on revenue of $5.47 billion.
New capability helps identify people in employer-sponsored benefit plans who are most likely in need of support, proactively connecting them to low- or no-cost community resources
Program builds on existing initiatives
The recent approval of Biogen Inc’s (NASDAQ:BIIB) high-price Alzheimer’s drug is raising questions about who will have access to the $56,000/year treatment…