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Tuesday P.M. Report

UnitedHealth profit soars in Q2, Polaris earnings, sales beat expectations, Aspiriant to buy Deloitte’s wealth management unit, and Target dog Bullseye at Wednesday’s NYSE opening bell.

UnitedHealth profit soars in Q2: UnitedHealth Group’s profit surged 31 percent in the second quarter, beating Wall Street estimates. The Minnetonka-based health insurer posted net income of $1.12 billion, or 99 cents per share, for the quarter ended June 30. That’s compares with earnings of $859 million, or 73 cents per share, in the comparable period last year. Revenue came in at $23.26 billion for the most recent quarter, up 7 percent from $21.66 billion in the year-ago period. Read full story

Polaris earnings, sales beat expectations in Q2: Polaris Industries’ second-quarter profit beat expectations as sales surged 25 percent. Medina-based Polaris posted net income of $25.6 million, or a record 75 cents per diluted share, for the period ending June 30. That’s up from earnings of $17.5 million, or 53 cents per share, in the comparable period last year. Sales came in at $430.9 million for the quarter, up from $345.9 million a year ago. Read full story

Aspiriant to buy Deloitte’s wealth management unit: San Francisco wealth manager Aspiriant said Monday that it will buy Deloitte Investment Advisors, a fee-only investment adviser owned by Deloitte Tax. The acquisition will boost Aspiriant’s assets under management to $7 billion from $4 billion for about 800 clients through eight offices. The transaction adds offices in Minneapolis, New York, Boston, Detroit, Milwaukee and Cincinnati. Read full story

Target dog Bullseye at NYSE opening bell Wednesday:  Bullseye, Target Corp.’s canine mascot, will get an up-close look at the New York Stock Exchange on Wednesday when she’s on hand for the opening bell, part of the celebration of the retailers’ opening of its first Manhattan store. The bull terrier will be joined by two human Target for the actual bell-ringing. The NYSE will have a live webcast of the bell-ringing. Read full story