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☆ Elevance raises annual profit forecast after quarterly beat
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +1 min

Oct 19 (Reuters) - Health insurer Elevance Health Inc (ELV.N) on Wednesday raised its annual profit forecast after beating estimates for quarterly earnings on lower-than-expected medical costs and strong performance of its Medicaid business. Last week, larger rival UnitedHealth Group Inc (UNH.N) raised its annual profit forecast for the third straight quarter and said the direct impact of COVID-19 was expected to ease next year. The lower the ratio, the better it is for a health insurer as it indicates a tight rein on costs. Elevance, which was previously known as Anthem, now expects annual adjusted earnings to be higher than $28.95 per share, compared with its prior forecast of more than $28.70 per share. Excluding items, the company reported earnings of $7.53 per share, above analysts' estimates of $7.15, according to IBES estimates from Refinitiv.

☆ Cramer's lightning round: Stay long on CF Industries
▼ + stars: | 2022-10-18 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

I say, stay long." Loading chart...Dutch Bros Inc : "I want you to put half the position on now, and then half when it goes below $30. I'm going to have to say, once again, [don't buy.]" Loading chart...Cano Health Inc : "I like the healthcare space, I think they do quality healthcare work, and I'm going to have to say that I think it's worth buying." I have to say, [don't buy]."

☆ A CIA doctor investigating the mysterious Havana syndrome says he got symptoms of the illness himself
▼ + stars: | 2022-09-26 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

A CIA doctor dispatched to investigate the so-called Havana syndrome opened up about his own illness. The anonymous doctor told CNN he started experiencing symptoms of the syndrome himself while in Cuba. Reports of this syndrome, nicknamed "Havana syndrome" because of where it was first reported in late 2016, are officially referred to as "anomalous health incidents" (AHIs). Andrews was awakened by a sudden loud noiseAndrews told CNN that he was in "disbelief" when he started experiencing the symptoms himself. The so-called Havana syndrome has come under intense scrutiny in recent years, as more and more US cases have been reported.

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