Latest news with #MA
Time of India
4 hours ago
- Business
- Time of India
Insurer Humana raises annual profit forecast as medical costs stabilize
Bengaluru: Humana raised its annual profit forecast on Wednesday, as the U.S. health insurer bets on its efforts to rein in higher medical costs that have plagued the sector, sending its shares up nearly 5% in premarket trading. The company is a top provider of Medicare Advantage plans under which the U.S. government pays private insurers a set rate to manage healthcare for people aged 65 and older, and those with disabilities. The industry has been battling with persistently high costs for the last two years due to increased use of healthcare services across government-backed plans. However, Humana said its medical costs were in line with its expectations. "We feel good about our solid performance in the first half of the year," CEO Jim Rechtin said in a statement. It reported a quarterly medical cost ratio - the percentage of premiums spent on medical care- of 89.7%, up from 88.9% a year earlier, but in line with analysts' estimates of 89.71%. The company said its quarterly performance was partly driven by better-than-expected membership in its individual Medicare Advantage (MA) plans, as well as strength in its primary care segment CenterWell. Humana expects membership decline in its MA plans to be lower than previously anticipated and said it remains confident that its insurance pricing will drive margin improvement. The company on Wednesday projected full-year profit to be about $17 per share, compared with its previous estimate of about $16.25. Analysts on average were expecting a profit of $16.38 per share, as per data compiled by LSEG. Sriraj Kalluvila )
Daily Mail
17 hours ago
- Entertainment
- Daily Mail
Kaia Gerber takes a bow after acting in play reading series at Williamstown Theater Festival in MA
Kaia Gerber excitedly took a bow during curtain call of the play reading for White Girls Gang during the Williamstown Theater Festival in Williamstown, MA on Tuesday night. The project combined two of the 23-year-old DNA Model's passions - acting and book clubs - as she's co-founder of the Library Science book club. '[White Girls Gang] is a satire about a book club gone incredibly wrong,' playwright Rianna Simons explained to the Royal Gazette in 2023. 'It's about this group of White women. They're in a book club and they're trying to understand Audre Lorde and in so doing, end up revealing all of this stuff from their past that they use to destroy each other and themselves.' At one point, Kaia intimately touched the shoulder of director Gus Heagerty and leaned her head towards his while posing with the cast onstage The Clark Art Institute's Auditorium. On Monday, Gerber and the 36-year-old maestro were seen strolling side by side while carrying similar totes after rehearsal for the $20/ticket production. The Overcompensating actress was also seen hanging outside the venue with co-star Lily McInerny, playwright Rianna as well as co-stars Omari K. Chancellor and Gus Birney. Kaia - who relies on professional stylist Siena Montesano Gones - was dressed down in a baggy red T-shirt, navy-blue shorts, and black ballet flats for the 29-hour rehearsal process. Susan Sarandon and Kate Walsh are set to star in a play reading for Worms, which will be held at the MainStage Theater in Williamstown this Thursday at 1:30pm. Gerber was last romantically linked to Jeff Pullman's son Lewis after being spotted together in June and January with an insider telling People: 'They're a cute couple and very low-key.' The Hacks guest star ended her prior three-year relationship with Oscar nominee Austin Butler last December. Kaia also enjoyed a 13-month romance with The Narrow Road to the Deep North heartthrob Jacob Elordi (who, like Butler, also played Elvis) after a two-month fling with The Home actor Pete Davidson. Gerber will next portray popular social media star Chloe Benson in Max Minghella's horror comedy Shell, which closes the Popcorn Frights Film Festival in South Florida on August 17. The dismally-reviewed sci-fi thriller also stars Kate Hudson, Elisabeth Moss, Elizabeth Berkley, Mary Lynn Rajskub, and Randall Park. In May, the Givenchy stunner signed on to star in Ryan Murphy's prep school thriller The Shards for FX, writing: 'Screaming as both myself and the tangible participant!' On Monday, Gerber - who's said to be dating Lewis Pullman - and the 36-year-old maestro were seen strolling side by side while carrying similar totes after rehearsal for the $20/ticket production Gerber will next portray popular social media star Chloe Benson alongside Kate Hudson (L) and Elisabeth Moss (R) in Max Minghella's horror comedy Shell, which closes the Popcorn Frights Film Festival in South Florida on August 17 In May, the Hacks guest star signed on to star in Ryan Murphy's prep school thriller The Shards for FX, writing: 'Screaming as both myself and the tangible participant!' Max Winkler will also star in the small-screen adaptation of Bret Easton Ellis' 2023 novel. Kaia's other upcoming projects include Jonah Hill's black comedy Outcome for Apple TV+, Mother Mary for A24, and the second season of Abe Sylvia's high society dramedy Palm Royale for Apple TV+. The privileged nepo baby's famous mother - nineties supermodel Cindy Crawford - also pursued acting in projects like Fair Game, Frasier, 3rd Rock from the Sun, The Simian Line, According to Jim, Wizards of Waverly Place, and BoJack Horseman.
Yahoo
21 hours ago
- Business
- Yahoo
Morgan Stanley Keeps Buy Rating on Mastercard (MA) After Information Session
Mastercard Incorporated (NYSE:MA) is one of the 12 Most Owned Stocks by Hedge Funds So Far in 2025. On July 15, Morgan Stanley reiterated an 'Overweight' rating on Mastercard Incorporated (NYSE:MA) with a price target of $639. This decision came after the company's information session, which was held on July 14. This session focused on Mastercard Incorporated's (NYSE:MA) strategy and role in agentic commerce and stablecoins. Bornfree / According to Morgan Stanley, the management's commentary during the session supported the view that Mastercard Incorporated (NYSE:MA) can benefit from agentic commerce and stablecoin adoption with limited risk to the company's main card business. The research firm pointed out that Mastercard Incorporated (NYSE:MA) can offer key services like scale, acceptance, authentication, and security solutions to support these new payment technologies. Morgan Stanley sees the new payment services as an extra opportunity for Mastercard Incorporated (NYSE:MA) to grow. The firm also believes that any disruption to existing card payments will likely be small. Mastercard Incorporated (NYSE:MA) is an American multinational payment card services corporation that provides transaction processing and payment-related products and services to individuals, businesses, and organizations around the world. While we acknowledge the potential of MA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 hours ago
- Business
- Yahoo
The AREA Welcomes ShapesXR as a Member
From Idea to prototypes ShapesXR BOSTON, MA, July 30, 2025 (GLOBE NEWSWIRE) -- The Augmented Reality for Enterprise Alliance (AREA) today announced that ShapesXR has joined the consortium. ShapesXR is an enterprise-focused, collaborative design platform built to accelerate 3D prototyping and spatial design across organizations. Used by industry leaders such as Mayo Clinic, Mondelez, Chanel, and Microsoft, it enables cross-functional teams to rapidly ideate, iterate, and communicate spatial concepts, including VR training scenarios and AR remote assistance. By bridging the gap between design and development, ShapesXR helps enterprises reduce time-to-market, minimize costly misalignments, and align stakeholders more effectively around shared visions. As part of our commitment to advancing enterprise AR, ShapesXR has joined the AREA . The AREA provides a highly curated network of AR experts, structured engagement opportunities through workshops and working groups, and a platform to exchange best practices in human-centered design and spatial computing. It also offers valuable visibility for our solutions among decision-makers and thought leaders, as well as access to a wide range of member-exclusive resources. Joining the AREA reinforces our focus on shaping the future of immersive collaboration for the enterprise sector. 'By joining the AREA, we aim to contribute to the advancement of enterprise AR by supporting the creation of high-quality spatial content. As a creative tool purpose-built for designing XR experiences, ShapesXR is committed to empowering teams to bring their ideas to life and shaping the standards for immersive collaboration across industries.' 'We are proud to announce ShapesXR as a member of the AREA,' said Mark Sage, executive director of AREA. 'Their experience with enterprise-focused solutions for 3D prototyping and spatial design is an excellent addition to the AREA as we work on enterprise AR adoption.' About ShapesXR ShapesXR is an advanced, collaborative design platform that allows users to prototype products and experiences in 3D within minutes. Its core mission is to democratize 3D content creation, enabling designers, developers, and business stakeholders to ideate, prototype, and communicate in 3D-without requiring prior experience in game engines or coding. For more information, visit About the AR for Enterprise Alliance (AREA) The AR for Enterprise Alliance (AREA) is the only global membership-funded alliance helping to accelerate the adoption of enterprise AR by supporting the growth of a comprehensive ecosystem. The AREA accelerates AR adoption by creating a comprehensive ecosystem for enterprises, providers, and research institutions. AREA is a program of Object Management Group® (OMG®). For more information, visit the AREA website. Object Management Group and OMG are registered trademarks of the Object Management Group. For a listing of all OMG trademarks, visit All other trademarks are the property of their respective owners. Attachment ShapesXR CONTACT: Karen Quatromoni The AREA 978-855-0412 Karen@ in to access your portfolio
Axios
2 days ago
- Health
- Axios
140K Minnesotans could lose Medicaid under new law
An estimated 140,000 Minnesotans could eventually lose access to their government-funded health care under sweeping federal Medicaid changes President Trump signed into law this month. Why it matters: That's about 12% of all people currently using the state's Medicaid program, known as Medical Assistance (MA). The big picture: The prediction is a top takeaway from a new preliminary analysis from the state Department of Human Services saying that Minnesota will lose upwards of $1.4 billion in federal heath care funding over the first four years of implementation. Catch up fast: The federal tax and spending package, called the One Big Beautiful Bill Act, aims to reduce Medicaid spending by nearly $1 trillion through new work reporting requirements, twice-yearly eligibility checks and other provisions shifting costs to state and hospitals. Follow the money: DHS estimates that coverage losses related to the work reporting requirements alone will cut federal funding flowing to the state by $200 million a year. Local state, and tribal governments also face an additional $165 million in annual administrative costs related to implementation, and hospitals could eventually lose $1 billion a year under changes to the provider tax. What they're saying: John Connolly, a deputy DHS commissioner and state Medicaid director, said Monday that the law represents a "dramatic change for Minnesota" that will hit low-income adults without children, those parenting teenagers and rural hospitals particularly hard. A top concern, he said, is that people who are eligible for Medicaid will still "lose coverage because they can't complete the paperwork" required by the law. Others who still have coverage may see their out-of-pocket costs rise, he warned, leading fewer Minnesotans to seek preventative care. The other side: House Speaker Lisa Demuth (R-Cold Spring) defended the changes as "common-sense work requirements for able-bodied adults without children" that "strengthened program integrity measures to make sure only those who are eligible are receiving benefits." "In a state with such a massive fraud problem, these changes are a welcome step in the right direction to make sure Medicaid is strong for those who need it," she added. What we're watching: Officials are still assessing the direct impact on the state budget, which already faced a projected deficit down the road. Gov. Tim Walz says he probably won't need to call a special session to address the fiscal impact, since many of the Medicaid changes don't take effect until 2027 or later. But he predicted to Axios last week that lawmakers will face "very difficult decisions" when they return to St. Paul in February. 🍽️ Low-income residents may feel cuts to federal food assistance, while owners of high-priced homes could see tax breaks. 🧑🧑🧒🧒 Other tax deductions 🚘 People who gamble, give to charities or take out new car loans could also see changes to their tax bills.
