Stephen Hemsley hasn’t been CEO at UnitedHealth Group in nearly a decade yet he’s never really left. Hemsley, 72, has remained chairman and a major shareholder in the health care behemoth — and now is back in the CEO

UnitedHealth stock offers high risk/reward potential amid challenges like CEO resignation & DOJ investigation. Learn more about UNH stock here.

UnitedHealth Group CEO Stephen Hemsley, who replaced Andrew Witty, said he has the right strategy in place “for the era ahead.”

An analyst reluctantly downgraded UnitedHealth’s stock, as the price plunge and a suspended full-year outlook was just too much to hold a bullish stance.

Shares of Persistent Systems declined 3% on Thursday, the most among Indian IT services providers, after a media report said that key client UnitedHealth Group was under a criminal probe for possible Medicare fraud.

UnitedHealth is being investigated by the Justice Department for possible criminal Medicare fraud, The Wall Street Journal reports, Walmart’s earnings top analysts’ estimates but the retailer warns it will have to raise prices,

By Noel Randewich and Pranav Kashyap (Reuters) -Wall Street stocks ended mixed on Thursday, with gains in Cisco Systems following an upbeat forecast, while UnitedHealth tumbled after a report of a criminal investigation into the insurer.