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American Express, KKR, UnitedHealth And A Major Automaker On CNBC's 'Final Trades'

Published 30/11/2023, 14:20
© Reuters.  American Express, KKR, UnitedHealth And A Major Automaker On CNBC's 'Final Trades'
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Benzinga - by Lisa Levin, Benzinga Editor.

On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named UnitedHealth Group Incorporated (NYSE: UNH) as his final trade.

The Minnetonka, Minnesota-based company's 2023 net earnings are expected to be $23.60 to $23.75 per share. Adjusted net earnings are seen between $24.85 and $25.00 per share.

Sarat Sethi said he is sticking with General Motors Company (NYSE: GM).

General Motors reinstated 2023 earnings guidance, announced a $10 billion accelerated share repurchase program and a 33% dividend increase.

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Karen Firestone of Aureus Asset Management said low interest rates are good for American Express Company (NYSE: AXP) earnings.

On Oct. 20, American Express reported better-than-expected earnings for the third quarter.

Joseph Terranova of Virtus Investment Partners said KKR & Co. (NYSE: KKR) is breaking out.

KKR agreed to acquire the remaining 37% stake of insurance company Global Atlantic, increasing its ownership to 100%.

Price Action:

  • UnitedHealth shares fell 1% to close at $534.98.
  • GM shares rose 9.4% to settle at $31.60 on Wednesday.
  • American Express gained 1.1% to $167.43.
  • KKR jumped 7.7% to settle at $74.74 during Wednesday’s session.
Check This Out: How To Earn $500 A Month From NVIDIA Stock After Last Week's Strong Earnings Report

Image: Pixabay

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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