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billion to $2.2 billion. UnitedHealth’ws stock, trading at around 40 percent of the value it was at the end of coupled with its low annualizefdividend rate, put the company’s returb to shareholders 75th for 2008. The company took a hit when announcinfan $895 million settlement of a shareholdedr lawsuit related to a stock-options scanda l involving former CEO Willia McGuire. Legal settlements and rising medicalp costs cutinto second-quartefr earnings for UnitedHealth, which reported earnings of $337 milliob for the period, down from $1.
23 billion the previous year largelyu due to the settlement of two class-actionn lawsuits that resulted in a tota pretax charge of $922 The news hasn’t all been bad. UnitedHealth did see gaine in its Health Care Services and OptumHealtgh companies during the third Like manyother companies, however, UnitedHealthu has been hit by the It has seen membership decreases due to layoffsa and “that puts pressure on revenuew and profitability,” said David Toung, a research analyst with The Minnetonka-basedf health insurer in early December slightly raised the botton range of its guidancde for 2009 to $85 billion from $84 while keeping its profit outlook the same at $2.990 to $3.
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