UnitedHealth Braces for Annual Meeting

UnitedHealth Group (UNH) is holding its annual meeting today in Minneapolis. The company said that it’s reformed, and I think the market may agree. The AP notes that:

Shareholder advisory firm Institutional Shareholder Services rates UnitedHealth’s corporate governance practices above 91 percent of other large companies, up from 19 percent a year ago.

The company has also received a favorable report from Standard & Poor’s.
UnitedHealth’s financial results have been excellent and the stock is now going for less than 14 times next year’s earnings.

Posted by on May 29th, 2007 at 10:08 am

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