Big News for the Healthcare Industry on Thursday, EU Summit Begins

Thursday was a historic day with the Supreme Court's decision to uphold the ACA healthcare reform, having the potential to redesign the industry. Also, the EU Summit began today with European leaders formally negotiating their plans for the crisis. Stocks dropped with the growing pessimism stemming not only from the eurozone debt problems but also the latest, disappointing report on unemployment figures. What originally was thought going to be a larger loss for JPMorgan (JPM) may not actually be as high. Oil prices fell on Thursday as well as both gold and copper, all most likely related to the doubtful outlooks for the EU Summit also.
At the very end of the day Research in Motion (RIMM) announced cuts for its restructuring plans, missing earnings expectations.

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Published on Jun 28, 2012
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

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