Universal Health Services (UHS) Class B faces several key developments, including a rare shareholder rebuke leading to director resignations, a significant insider stock transaction, and ongoing legal challenges. An appeal is lodged against a hefty
$535M negligence decision against a subsidiary firm. Furthermore, the company had to endure a substantial
$67 million loss following a ransomware attack. Despite these challenges, UHS continues to break ground on new hospitals and has finalized vital partnerships, such as the one with
Beaumont Health. The company's founder,
Alan B. Miller, announced plans to step down as CEO in 2021. Meanwhile, UHS faces another payout in the form of a $12.5M class action ERISA settlement. Finally, noteworthy stock transactions have occurred, including significant positions taken by
Natixis Advisors L.P., GAMMA Investing LLC and Van ECK Associates Corp.
Universal Health Services Class B UHS News Analytics from Wed, 07 Dec 2016 08:00:00 GMT to Thu, 16 May 2024 23:43:39 GMT -
Rating 0
- Innovation -2
- Information 5
- Rumor -5
