A draw at Ipswich in Amorim’s first game was followed by home wins against Bodo/Glimt and Everton. Ruben Amorim warned “the storm will come” eventually as Manchester United’s head coach tried to temper expectations ahead of the trip to Arsenal. The 39-year-old has been a breath of fresh air since succeeding Erik ten Hag, with his personality and approach, coupled with promising early performances, bringing hope back to Old Trafford. Amorim has been touched by his warm welcome but repeatedly urged fans to avoid jumping the gun, having followed a draw at Ipswich with home wins against Bodo/Glimt and Everton. Wednesday’s trip to Arsenal is comfortably his biggest challenge yet and victory would see United move within three points of the Premier League title contenders. Put to Amorim it will be hard to manage expectations if they won in the capital, the head coach said: “I would like to say different things, but I have to say it again: the storm will come. “I don’t know if you use that expression, but we are going to have difficult moments and we will be found out in some games. “And I know that because I’m knowing my players and I know football and I follow football, so I understand the difference between the teams. “We are in the point in that we are putting simple things in the team, without training, and you feel it in this game against Everton, they change a little bit the way they were building up. “They are very good team, and we were with a lot of problems because we cannot change it by calling one thing to the captain. “So, we don’t have this training, so let’s focus on each game, on the performance, what we have to improve, trying to win games. And that is the focus. “I know it’s really hard to be a Manchester United coach and say these things in press conferences. We want to win all the time. No matter what. “We are going to try to win, but we know that we are in a different point if you compare to Arsenal. “So, it is what it is and we will try to win it and we go with confidence to win, but we know that we need to play very well to win the next football match.” The trip to Arsenal is the second of nine December matches for United, who are looking to avoid suffering four straight league defeats to the Gunners for the first time. The Red Devils have not won a Premier League match at the Emirates Stadium since 2017, but Amorim knows a thing or two about frustrating Mikel Arteta’s men. Arsenal thrashed Sporting Lisbon 5-1 in the Champions League last week, but in 2022-23 he led the Portuguese side to a Europa League last-16 penalty triumph after a 1-1 draw in London made it 3-3 on aggregate. “Arsenal this year, they play a little bit different,” Amorim said. “They are more fluid. “For example, two years ago when we faced them with Sporting, you knew how to press because you can understand better the structure. “Now it’s more fluid with (Riccardo) Calafiori and (Jurrien) Timber in different sides. One coming inside, the other going outside. Also (Martin) Odegaard changed the team, and you can feel it during this season. “So, you can take something from that game, especially because I know so well the opponent so you can understand the weakness of that team. “But every game is different, so you take something, but you already know that you are going to face a very good team.” This hectic winter schedule means Amorim sidestepped talk of January transfer business ahead of facing Arsenal, although he was more forthcoming on Amad Diallo’s future. The 22-year-old, who put in a man of the match display in Sunday’s 4-0 win against Everton, is out of contract at the end of the season, although the club holds an option to extend by a year. Diallo has repeatedly spoken of his desire to stay at United and it has been reported an agreement is close. Amorim said: “I think he wants to stay, and we want him to stay. So that is clear and we will find a solution.”
None
Russian journalist convicted of cooperating with a foreign organization and jailed for 4 yearsBy ZEKE MILLER, Associated Press WASHINGTON (AP) — President-elect Donald Trump’s transition team on Tuesday signed an agreement to allow the Justice Department to conduct background checks on his nominees and appointees after a weeks-long delay. The step lets Trump transition aides and future administration staffers obtain security clearances before Inauguration Day to access classified information about ongoing government programs, an essential step for a smooth transiton of power. It also allows those nominees who are up for Senate confirmation to face the background checks lawmakers want before voting on them. Teams of investigators have been standing by to process clearances for Trump aides and advisers. “This agreement with the Department of Justice will ensure President Trump and his team are ready on Day 1 to begin enacting the America First Agenda that an overwhelming majority of our nation supported on Election Day,” said Susie Wiles, Trump’s designate to be White House chief of staff. The announcement comes a week after the Trump transition team signed an agreement with the Biden White House to allow transition staff to coordinate with the existing federal workforce before taking office on Jan. 20. The White House agreement was supposed to have been signed by Oct. 1, according to the Presidential Transition Act, and the Biden White House had issued both public and private appeals for Trump’s team to sign on. Security clearances are required to access classified information, including on ongoing operations and threats to the nation, and the Biden White House and outside experts have emphasized to Trump’s team the importance of having cleared personnel before Inauguration Day so they could be fully briefed and ready to run the government. Republican Senators have also insisted on FBI background checks for Trump’s nominees before they face confirmation votes, as has been standard practice for decades. Lawmakers have been particularly interested in seeing the findings of reviews into Trump’s designated nominee for defense secretary, former Fox News host Pete Hegseth, and for Rep. Tulsi Gabbard to be director of national intelligence. “That’s why it’s so important that we have an FBI background check, a committee review of extensive questions and questionnaires, and a public hearing,” said. Sen. Susan Collins, R-Maine on Monday. John Thune, the incoming Senate Republican leader, said the Trump team “understands there’s going to have to be a thorough vetting of all these nominees.” AP congressional correspondent Lisa Mascaro contributed.
However, the N-Dubz star has since left the jungle following a public vote but viewers of the show are shocked at her actions since. Before heading into the Australian jungle, celebrities often share pictures of themselves in their camp uniforms and the ITV show also shares videos and images of them while they’re in there which they share to their own personal accounts. However, viewers noticed the lack of Instagram posts about Tulisa’s time in the jungle following her exit. Taking to X, formerly Twitter, fans of the show noticed the singer has deleted her posts about the ITV show and her involvement. After leaving the show, Tulisa would’ve been given her phone back so it’s likely she deleted the posts herself. One viewer said: “Why has Tulisa deleted everything from her socials in relation to #ImACeleb”. Another commented: “Why has Tulisa deleted all traces of I’m a celeb off her socials?” A third called the singer out, saying: “So grateful you delete all trace of I’m a Celeb on your Instagram ey Tulisa?” After public votes, three celebrities have been eliminated from the ITV show so far. Loose Women star Jane Moore was the first to leave while Dean McCullough, a BBC Radio 1 presenter, was the second to be reunited with loved ones. N-Dubz star Tulisa was the third to leave the jungle and said: “It is tough in there, leaving is still a happy thing.” Speaking about her I'm A Celebrity experience, she added: “I just think you're more grateful for everything, the you eat, being around the people you love, the home comforts, just makes you very appreciative of life.” Tonight (December 3), another celebrity will leave the jungle.Trump Says He’ll Block Nippon From Taking Over U.S. Steel. The Stock Is Falling. - Barron's
Marvell stock soars as strong AI demand yields earnings beat, strong guidance
Thrivent Financial for Lutherans cut its stake in shares of Itron, Inc. ( NASDAQ:ITRI – Free Report ) by 4.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,108 shares of the scientific and technical instruments company’s stock after selling 2,769 shares during the period. Thrivent Financial for Lutherans owned about 0.13% of Itron worth $6,421,000 as of its most recent SEC filing. Other large investors also recently modified their holdings of the company. Sculptor Capital LP acquired a new position in Itron in the 2nd quarter worth about $5,255,000. Assenagon Asset Management S.A. grew its holdings in shares of Itron by 7.8% during the second quarter. Assenagon Asset Management S.A. now owns 268,379 shares of the scientific and technical instruments company’s stock worth $26,559,000 after purchasing an additional 19,387 shares during the last quarter. Tidal Investments LLC acquired a new position in shares of Itron in the first quarter valued at approximately $1,319,000. Vanguard Group Inc. raised its holdings in Itron by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 5,701,337 shares of the scientific and technical instruments company’s stock valued at $527,488,000 after buying an additional 45,909 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ boosted its position in Itron by 97.8% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 10,207 shares of the scientific and technical instruments company’s stock worth $1,012,000 after buying an additional 5,047 shares during the period. 96.19% of the stock is currently owned by institutional investors. Insiders Place Their Bets In other Itron news, CEO Thomas Deitrich sold 887 shares of the firm’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $102.15, for a total value of $90,607.05. Following the transaction, the chief executive officer now directly owns 205,276 shares of the company’s stock, valued at approximately $20,968,943.40. This trade represents a 0.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, CFO Joan S. Hooper sold 509 shares of the business’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $102.15, for a total transaction of $51,994.35. Following the sale, the chief financial officer now directly owns 72,338 shares of the company’s stock, valued at approximately $7,389,326.70. The trade was a 0.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last quarter, insiders have sold 39,066 shares of company stock worth $4,092,737. Corporate insiders own 1.45% of the company’s stock. Itron Stock Performance Itron ( NASDAQ:ITRI – Get Free Report ) last posted its quarterly earnings results on Thursday, October 31st. The scientific and technical instruments company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.71. The firm had revenue of $615.46 million during the quarter, compared to the consensus estimate of $596.41 million. Itron had a net margin of 9.37% and a return on equity of 19.03%. The business’s revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.98 earnings per share. As a group, sell-side analysts anticipate that Itron, Inc. will post 5.33 EPS for the current year. Analyst Ratings Changes Several brokerages have issued reports on ITRI. TD Cowen upped their price target on shares of Itron from $125.00 to $136.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Janney Montgomery Scott began coverage on Itron in a report on Friday, September 27th. They set a “buy” rating and a $131.00 target price on the stock. Piper Sandler upped their price target on Itron from $110.00 to $119.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. BNP Paribas initiated coverage on Itron in a research report on Thursday, September 5th. They set an “outperform” rating and a $133.00 price objective for the company. Finally, Stephens reaffirmed an “equal weight” rating and issued a $110.00 price objective on shares of Itron in a research note on Monday, August 5th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $123.92. Read Our Latest Stock Analysis on ITRI Itron Company Profile ( Free Report ) Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. See Also Receive News & Ratings for Itron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Itron and related companies with MarketBeat.com's FREE daily email newsletter .
AP Trending SummaryBrief at 7:10 a.m. EST
MAI Capital Management cut its stake in Sony Group Co. ( NYSE:SONY – Free Report ) by 25.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,058 shares of the company’s stock after selling 2,043 shares during the period. MAI Capital Management’s holdings in Sony Group were worth $585,000 as of its most recent SEC filing. A number of other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Sony Group in the 2nd quarter worth about $26,000. Ridgewood Investments LLC bought a new stake in Sony Group in the 2nd quarter worth approximately $41,000. Family Firm Inc. purchased a new stake in Sony Group in the second quarter worth approximately $44,000. Hobbs Group Advisors LLC bought a new position in Sony Group during the second quarter valued at approximately $49,000. Finally, Hexagon Capital Partners LLC lifted its holdings in shares of Sony Group by 38.6% in the 3rd quarter. Hexagon Capital Partners LLC now owns 836 shares of the company’s stock worth $81,000 after acquiring an additional 233 shares during the last quarter. Institutional investors own 14.05% of the company’s stock. Sony Group Price Performance NYSE SONY opened at $19.07 on Friday. Sony Group Co. has a 1 year low of $15.02 and a 1 year high of $20.67. The stock has a market capitalization of $115.30 billion, a PE ratio of 15.60, a PEG ratio of 11.98 and a beta of 0.95. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.66 and a quick ratio of 0.49. The business’s 50-day moving average is $15.59 and its 200 day moving average is $7.68. Analyst Ratings Changes Read Our Latest Analysis on SONY About Sony Group ( Free Report ) Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices. Featured Stories Want to see what other hedge funds are holding SONY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sony Group Co. ( NYSE:SONY – Free Report ). Receive News & Ratings for Sony Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sony Group and related companies with MarketBeat.com's FREE daily email newsletter .NoneOfficer kills pet dog mistaken for a coyote in Massachusetts town. The owner says it was unnecessary An animal control officer shot and killed a pet dog in a Massachusetts town after mistaking it for a coyote in an incident local police are describing as a sad mix-up. Police in Northbridge, Massachusetts, say the shooting happened on Tuesday after police received a call of a report of a coyote in a residential backyard. Police say the animal control officer went into the woods to look for the coyote and found what they thought was the animal in a threatening position and shot it. The incident happened as communities around Massachusetts and the country have dealt with an uptick in interactions between coyotes and people. Alyssa Nakken, first full-time female coach in MLB history, leaving Giants to join Guardians CLEVELAND (AP) — Alyssa Nakken, the first woman to coach in an MLB game, is leaving the San Francisco Giants to join the Cleveland Guardians. Nakken made history in 2022 when she took over as first-base coach following an ejection. A former college softball star at Sacramento State, Nakken joined the Giants in 2014 and was promoted to a spot on manager Gabe Kapler’s staff in 2020, becoming the majors’ first full-time female coach. Nakken has been hired as an assistant director within player development for the Guardians, who won the AL Central last season under first-year manager Stephen Vogt. Nakken, 34, will work with former Giants coaches Craig Albernaz and Kai Correa. Kendrick Lamar surprises with new album 'GNX' LOS ANGELES (AP) — Kendrick Lamar gave music listeners an early holiday present with a new album. The Grammy winner released his sixth studio album “GNX” on Friday. The 12-track project is the rapper’s first release since 2022’s “Mr. Morale & The Big Steppers.” Lamar’s new album comes just months after his rap battle with Drake. The rap megastar will headline February's Apple Music Super Bowl Halftime Show in New Orleans. The 37-year-old has experienced massive success since his debut album “good kid, m.A.A.d city” in 2012. Since then, he’s accumulated 17 Grammy wins and became the first non-classical, non-jazz musician to win a Pulitzer Prize. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Ancient meets modern as a new subway in Greece showcases archaeological treasures THESSALONIKI, Greece (AP) — Thessaloniki, Greece’s second-largest city, is opening a new subway system, blending ancient archaeological treasures with modern transit technology like driverless trains and platform screen doors. The project, which began in 2003, uncovered over 300,000 artifacts, including a Roman-era thoroughfare and Byzantine relics, many of which are now displayed in its 13 stations. Despite delays caused by preserving these findings, the inaugural line has been completed, with a second line set to open next year. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. At least 19 people are sick in Minnesota from ground beef tied to E. coli recall U.S. health officials say at least 19 people in Minnesota have been sickened by E. coli poisoning tied to a national recall of more than 167,000 pounds of potentially tainted ground beef. Detroit-based Wolverine Packing Co. recalled the meat sent to restaurants nationwide. Minnesota state agriculture officials reported multiple illnesses and found that a sample of the product tested positive for E. coli, which can cause life-threatening infections. No illnesses have been reported outside of Minnesota. Symptoms of E. coli poisoning include fever, vomiting, diarrhea and signs of dehydration. Actor Jonathan Majors’ ex-girlfriend drops assault and defamation lawsuit against once-rising star NEW YORK (AP) — Jonathan Majors’ ex-girlfriend has dropped her assault and defamation lawsuit against the once-rising Hollywood star after reaching a settlement. Lawyers for Majors and Grace Jabbari agreed to dismiss the case with prejudice Thursday. Jabbari is a British dancer who had accused Majors of subjecting her to escalating incidents of physical and verbal abuse during their relationship. Representatives for Majors didn’t respond to emails seeking comment Friday. Jabbari’s lawyer said the suit was “favorably settled” and her client is moving on with “her head held high.” Majors was convicted of misdemeanor assault and harassment last December and sentenced to a yearlong counseling program. Hyundai, Kia recall over 208,000 electric vehicles to fix problem that can cause loss of power DETROIT (AP) — Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash. The recalls cover more than 145,000 Hyundai and Genesis vehicles including the 2022 through 2024 Ioniq 5, the 2023 through 2025 Ioniq 6, GV60 and GV70, and the 2023 and 2024 G80. Also included are nearly 63,000 Kia EV 6 vehicles from 2022 through 2024. The affiliated Korean automakers say in government documents that a transistor in a charging control unit can be damaged and stop charging the 12-volt battery. Dealers will inspect and replace the control unit and a fuse if needed. They also will update software. Christmas TV movies are in their Taylor Swift era, with two Swift-inspired films airing this year Two of the new holiday movies coming to TV this season have a Taylor Swift connection that her fans would have no problem decoding. “Christmas in the Spotlight” debuts Saturday on Lifetime. It stars Jessica Lord as the world’s biggest pop star and Laith Wallschleger, playing a pro football player, who meet and fall in love, not unlike Swift and her boyfriend, Kansas City Chiefs tight end Travis Kelce. On Nov. 30, Hallmark will air “Holiday Touchdown: A Chiefs Love Story.” Instead of a nod to Swift, it’s an ode to family traditions and bonding, like rooting for a sports team. Hallmark’s headquarters is also in Kansas City.
The Secrets Behind Sparkle: Learn About the Benefits of Pressure Washing With D4SVance takes on a more visible transition role, working to boost Trump’s most contentious picksSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PepGen Inc. - PEPG
Marvell stock soars as strong AI demand yields earnings beat, strong guidance
(CNN) — Donald Trump’s transition team has signed a Memorandum of Understanding with the Justice Department, paving the way for the team to seek FBI background checks on the president-elect’s appointees. The agreement, announced by the Trump team on Tuesday, outlines the terms of cooperation between the transition team and the DOJ, marking a significant step in preparation for the incoming administration. “This agreement with the Department of Justice will ensure President Trump and his team are ready on Day 1 to begin enacting the America First Agenda that an overwhelming majority of our nation supported on Election Day,” Susie Wiles, Trump’s incoming White House chief of staff, said in a statement. This is a breaking story and will be updated. The-CNN-Wire TM & © 2024 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.Profound Medical Announces Proposed Public Offering of Common Shares
SYRACUSE, N.Y. (AP) — Kyle McCord threw for a career-high 470 yards with two touchdowns to lead Syracuse to a 31-24 win over UConn on Saturday. The win gives the Orange (8-3) their first eight-win regular season since 2018, and third since 2000. “We knew they would play all the way through the fourth quarter, and we thought it’d be a fourth-quarter game,” Syracuse coach Fran Brown said. “So, it’s just what we talked about the entire week and we didn’t take it lightly.” McCord completed 37-of-47 passes for his first 400-yard game this season. He opened the game with a 77-yard touchdown drive, spanning two plays in 50 seconds. The touchdown came on a 22-yard pass to Oronde Gadsden. McCord broke Syracuse’s all-time record for single-season passing yards with 4:12 remaining in the first half. He needed 273 yards to pass Nassib, and finished the game against the Huskies with 3,946 passing yards. The former quarterback set his record in 2012, recording 3,749 passing yards during his senior year. McCord also tied Nassib’s record for single-season touchdown passes with 26, with his second touchdown pass on the same play as the yardage record. “I got a standard of what the quarterback needs to look like being here,” Brown said. "Not necessarily statistically and all those things, because that’s hard, but just in reference to how you prepare.” The Orange missed two field goals and had two touchdowns called back that allowed the Huskies offense a chance to tie the game in the fourth quarter. After a 2-yard passing touchdown by quarterback Joe Fagnano left UConn trailing back one score, Syracuse recovered the Huskies’ onside kick attempt to end the game. UConn (7-4) will finish its season without a Power Four win after staying within two touchdowns of the Orange for all 60 minutes. The Huskies have ended each of their four Power Four games within one score of their opponent. “They’re disappointed as hell, and they should be,” UConn coach Jim Mora said. “But we have to get over that, and we have to figure out what we can do better and apply those lessons going forward and prepare to get a win next week.” Cam Edwards led UConn on the ground with 87 rushing yards, including a 71-yard touchdown dash in the first quarter. Fagnano finished the game with 228 passing yards and two touchdowns. UConn: Linebacker Jayden McDonald recorded a second-best 12 tackles, including a sack and tackle-for-loss. McDonald was the one of three Huskies to reach McCord for a sack. Syracuse: Eight receivers caught passes, with three recording over 100 yards each. Wide receivers Darrell Gill Jr. (177 yards) and Jackson Meeks (110) and tight end Oronde Gadsden (103 and a touchdown) combined for 390 receiving yards. Syracuse had 540 total yards to UConn’s 352. UConn’s offense was 5-of-15 on third down conversions against the Orange defense. The Huskies didn’t get their first third down conversion until the second quarter, after the Orange had already taken a 14-7 lead. McCord faces off against Miami’s Cameron Ward for Syracuse’s final game of the regular season. They are the two leading passers in FBS and sit atop the ACC in total offense. UConn: Visits Massachusetts on Saturday Syracuse: Hosts No. 11 Miami on Saturday — Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballTrump team signs agreement to allow Justice to conduct background checks on nominees, staff
--(BUSINESS WIRE)--Dec 3, 2024-- UnitedHealth Group (NYSE: UNH) issued financial guidance ahead of its annual Investor Conference which takes place on December 4, beginning at 8:00 a.m. ET. UnitedHealth Group will introduce its 2025 outlook which includes revenues of $450 billion to $455 billion, net earnings of $28.15 to $28.65 per share and adjusted net earnings of $29.50 to $30.00 per share. Adjusted net earnings only excludes the after-tax non-cash amortization expense pertaining to acquisition-related intangible assets. Cash flows from operations are expected to range from $32 billion to $33 billion. As announced in the third quarter earnings release, UnitedHealth Group 2024 net earnings are expected to be $15.50 to $15.75 per share and adjusted net earnings $27.50 to $27.75 per share. The company will stream the Investor Conference presentation and management question-and-answer portion of this meeting on its Investor Relations page at www.unitedhealthgroup.com . Meeting materials and a replay of the conference will be available on the Investor Relations page. About UnitedHealth Group UnitedHealth Group (NYSE: UNH) is a health care and well-being company with a mission to help people live healthier lives and help make the health system work better for everyone through two distinct and complementary businesses. Optum delivers care aided by technology and data, empowering people, partners and providers with the guidance and tools they need to achieve better health. UnitedHealthcare offers a full range of health benefits, enabling affordable coverage, simplifying the health care experience and delivering access to high-quality care. Visit UnitedHealth Group at www.unitedhealthgroup.com and follow UnitedHealth Group on LinkedIn . Non-GAAP Financial Information This news release presents non-GAAP financial information provided as a complement to the results provided in accordance with accounting principles generally accepted in the United States of America (“GAAP”). A reconciliation of the non-GAAP financial information to the most directly comparable GAAP financial measure is provided in the accompanying tables found at the end of this release. Forward-Looking Statements The statements, estimates, projections, guidance or outlook contained in this document include “forward-looking” statements which are intended to take advantage of the “safe harbor” provisions of the federal securities laws. The words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “forecast,” “outlook,” “plan,” “project,” “should” and similar expressions identify forward-looking statements. These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties. Actual results could differ materially from those that management expects, depending on the outcome of certain factors including: our ability to effectively estimate, price for and manage medical costs; new or changes in existing health care laws or regulations, or their enforcement or application; cyberattacks, other privacy/data security incidents, or our failure to comply with related regulations; reductions in revenue or delays to cash flows received under government programs; changes in Medicare, the CMS star ratings program or the application of risk adjustment data validation audits; the DOJ’s legal action relating to the risk adjustment submission matter; our ability to maintain and achieve improvement in quality scores impacting revenue; failure to maintain effective and efficient information systems or if our technology products do not operate as intended; risks and uncertainties associated with our businesses providing pharmacy care services; competitive pressures, including our ability to maintain or increase our market share; changes in or challenges to our public sector contract awards; failure to achieve targeted operating cost productivity improvements; failure to develop and maintain satisfactory relationships with health care payers, physicians, hospitals and other service providers; the impact of potential changes in tax laws and regulations; increases in costs and other liabilities associated with litigation, government investigations, audits or reviews; failure to complete, manage or integrate strategic transactions; risk and uncertainties associated with the continuing sale of operations in South America; risks associated with public health crises arising from large-scale medical emergencies, pandemics, natural disasters and other extreme events; failure to attract, develop, retain, and manage the succession of key employees and executives; our investment portfolio performance; impairment of our goodwill and intangible assets; failure to protect proprietary rights to our databases, software and related products; downgrades in our credit ratings; and our ability to obtain sufficient funds from our regulated subsidiaries or from external financings to fund our obligations, reinvest in our business, maintain our debt to total capital ratio at targeted levels, maintain our quarterly dividend payment cycle, or continue repurchasing shares of our common stock. This above list is not exhaustive. We discuss these matters, and certain risks that may affect our business operations, financial condition and results of operations, more fully in our filings with the SEC, including our reports on Forms 10-K, 10-Q and 8-K. By their nature, forward-looking statements are not guarantees of future performance or results and are subject to risks, uncertainties and assumptions that are difficult to predict or quantify. Actual results may vary materially from expectations expressed or implied in the Investor Conference materials, related presentations or any of our prior communications. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. We do not undertake to update or revise any forward-looking statements, except as required by law. UNITEDHEALTH GROUP RECONCILIATION OF NON-GAAP FINANCIAL MEASURE ADJUSTED EARNINGS PER SHARE Use of Non-GAAP Financial Measure Adjusted net earnings per share is a non-GAAP financial measure. Non-GAAP financial measures should be considered in addition to, but not as a substitute for, or superior to, financial measures prepared in accordance with GAAP. Management believes the use of adjusted net earnings per share provides investors and management useful information about the earnings impact of the following items: Intangible Amortization: As amortization fluctuates based on the size and timing of the Company’s acquisition activity, management believes this exclusion presents a more useful comparison of the Company's underlying business performance and trends from period to period. While intangible assets contribute to the Company’s revenue generation, the intangible amortization is not directly related. Therefore, the related revenues are included in adjusted earnings per share. South American Impacts: Represents the effects of various international transactions, including the loss on sale of our Brazilian operations that was completed on February 6, 2024, the loss on our remaining South American operations being classified as held for sale and certain other non-recurring matters impacting our South American operations. As these matters are related to the Company's strategy to exit South America, the impact is not representative of the Company's underlying business performance and therefore management believes the exclusion presents a more useful comparison of the Company's underlying business performance and trends from period to period. Direct Response Costs - Cyberattack: Management believes the exclusion of costs incurred to investigate and remediate the attack, other direct and incremental costs incurred as a result of the cyberattack and incremental costs for accommodations to support care providers presents a more useful comparison of the Company's and its reportable segments' underlying business performance and trends from period to period. Projected Year Ended December 31, 2024 2025 Net earnings attributable to UnitedHealth Group common shareholders $14,375 - $14,650 $25,850 - $26,450 Intangible amortization ~1,665 ~1,625 Tax effect of intangible amortization ~(410) ~(400) South American impacts ~8,515 — Tax effect of South American impacts ~(175) — Direct response costs - cyberattack ~2,000 — Tax effect of direct response costs - cyberattack ~(470) — Adjusted net earnings attributable to UnitedHealth Group common shareholders $25,500 - $25,775 $27,075 - $27,675 Diluted earnings per share $15.50 - $15.75 $28.15 - $28.65 Intangible amortization per share ~1.80 ~1.75 Tax effect of intangible amortization per share ~(0.45) ~(0.40) South American impacts per share ~9.15 — Tax effect of South American impacts per share ~(0.15) — Direct response costs - cyberattack per share ~2.15 — Tax effects of direct response costs - cyberattack per share ~(0.50) — Adjusted diluted earnings per share $27.50 - $27.75 $29.50 - $30.00 View source version on businesswire.com : https://www.businesswire.com/news/home/20241203502829/en/ CONTACT: Investors: Zack Sopcak Zack.Sopcak@uhg.com 952-936-7215Media: Eric Hausman Eric.Hausman@uhg.com 952-936-3963 KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES HEALTH INSURANCE PRACTICE MANAGEMENT HEALTH INSURANCE MANAGED CARE SOURCE: UnitedHealth Group Copyright Business Wire 2024. PUB: 12/03/2024 04:15 PM/DISC: 12/03/2024 04:13 PM http://www.businesswire.com/news/home/20241203502829/enBy ZEKE MILLER, Associated Press WASHINGTON (AP) — President-elect Donald Trump’s transition team on Tuesday signed an agreement to allow the Justice Department to conduct background checks on his nominees and appointees after a weeks-long delay. The step lets Trump transition aides and future administration staffers obtain security clearances before Inauguration Day to access classified information about ongoing government programs, an essential step for a smooth transiton of power. It also allows those nominees who are up for Senate confirmation to face the background checks lawmakers want before voting on them. Teams of investigators have been standing by to process clearances for Trump aides and advisers. “This agreement with the Department of Justice will ensure President Trump and his team are ready on Day 1 to begin enacting the America First Agenda that an overwhelming majority of our nation supported on Election Day,” said Susie Wiles, Trump’s designate to be White House chief of staff. The announcement comes a week after the Trump transition team signed an agreement with the Biden White House to allow transition staff to coordinate with the existing federal workforce before taking office on Jan. 20. The White House agreement was supposed to have been signed by Oct. 1, according to the Presidential Transition Act, and the Biden White House had issued both public and private appeals for Trump’s team to sign on. Security clearances are required to access classified information, including on ongoing operations and threats to the nation, and the Biden White House and outside experts have emphasized to Trump’s team the importance of having cleared personnel before Inauguration Day so they could be fully briefed and ready to run the government. Republican Senators have also insisted on FBI background checks for Trump’s nominees before they face confirmation votes, as has been standard practice for decades. Lawmakers have been particularly interested in seeing the findings of reviews into Trump’s designated nominee for defense secretary, former Fox News host Pete Hegseth, and for Rep. Tulsi Gabbard to be director of national intelligence. “That’s why it’s so important that we have an FBI background check, a committee review of extensive questions and questionnaires, and a public hearing,” said. Sen. Susan Collins, R-Maine on Monday. John Thune, the incoming Senate Republican leader, said the Trump team “understands there’s going to have to be a thorough vetting of all these nominees.” AP congressional correspondent Lisa Mascaro contributed.Earnings Breakdown: Tilly's Q3
S&P/TSX composite rises Thursday, U.S. markets down ahead of jobs report