Iridium Communications Inc ( IRDM ) shares are trading higher on Thursday. The company reported first-quarter earnings per share of 16 cents, outpacing the Wallstreet estimate of 15 cents. Quarterly revenues of $203.85 million beat the analyst consensus of $193.75 million, driven by strong service revenue growth and subscriber expansion. Total billable subscribers grew 14% year-over-year to 2.33 million, led by growth in commercial...

(Reuters) - UnitedHealth Group ( UNH ) said on Thursday a service provided by its Change Healthcare unit was facing an issue receiving batches of medical claims from customers. A fix has been implemented and is being monitored to ensure operability, Optum, a unit of UnitedHealth ( UNH ) which operates Change, said in a statement. UnitedHealth ( UNH )...

April 18 (Reuters) - A federal appeals court judge whose son owns Citigroup ( C/PN ) stock does not need to recuse himself from hearing a lawsuit by banking industry groups challenging a rule capping credit card late fees at $8, a judicial ethics panel has concluded. That determination was contained in an advisory opinion from the panel that was...

10:01 AM EDT, 04/18/2024 (MT Newswires) -- (Updates to add stock move in the headline and the first paragraph.) Lithium Americas ( LAC ) shares slid 27% in recent trading after the company said Thursday it priced a public offering of 55 million common shares at $5 each, expected to raise gross proceeds of $275 million. The company intends to...