Merger activity decreased last week with five new deals announced and four deals completed. Two of the five deals announced were successful “deals in the works”.
Founded in 1973 in Dallas, Texas, The Michaels Companies is one of America’s largest arts and crafts retailer. I had. Read More.
Last-minute COVID costs cut into Cigna s Q4 share price
AP
Cigna Corp. s revenue and profits remained strong through the fourth quarter, although an increase in costs related to the COVID-19 pandemic and the return of the health insurance tax took a significant hit to the payer s expected earnings per share.
Cigna reported $4.1 billion in profits for the fourth quarter, up 76% from the $977 million the company reported during the same time the year prior. The Bloomfield, Conn.-based payer generated $41.7 billion in revenue for the quarter, up 9% from the $38.2 billion reported during the fourth quarter of 2019.
In a research note, Cantor Fitzgerald analysts Steven Halper and Kyle Mikson wrote they were surprised that coronavirus testing and treatment took such a large chunk out of the insurer s share s bottom line, with a stock price of $3.51 coming in below Wall Street expectations.
Health insurers outlook boosted after Dems Georgia win
Modern Healthcare Illustration / Getty Images
Analysts expect Democratic control in Washington to boost health insurers bottom line, particularly for payers that focus their business on the Affordable Care Act exchange and Medicaid managed-care.
After Democratic wins in run-off Georgia elections were certified on Jan. 6, stocks of Centene Corp., Molina Healthcare and UnitedHealth Group rallied, with shares of St. Louis-based Centene rising 10.8%, the Long Beach, Calif.-based Molina increasing 9.16% and the Minnetonka, Minn.-based UnitedHealth Group growing 4.2% by the close of the market that day.
Since then, prices have been less robust. Shares of Molina have remained strong, increasing 0.4% on Friday, while UnitedHealth Group decreased 0.4% and Centene dropped 2.2%. The S&P 500 Index and the Dow Jones have remained high since the election results were announced.
and china. what impact will that have? six months later, eight months these private citizens, who were later he first meets carter page not very close to the trump unlike any other time in the history of this country. in july of 2016. campaign but gave the fbi an where you have the speaker of he of course then goes on to the house trying to control the excuse to get right in the the senate doing its constitutional middle of the trump campaign. maria: when you get a warrant to duty. meet george papdopoulus in charles: beyond the hubris of september of 16. surveil somebody, you re getting speaker of the house trying to phone calls, emails. he meets sam clovis. you re knowing who that person dictate how things go in the he is being paid to do studies is talking to. you re getting trump campaign senate, it feels like the on russia and china. democrats, particularly overall he was paid a million nancy pelosi, grappling as this strategy. do you think we ll see dollars from the office of net
their claim and have their narrative together before it comes out. being a normal person sitting there watching it every day. strange to watch it unfold until you actually see what it is. and then it ends up being either a nothing-burger or something substantial. pete: exactly right. trying to set the table. the author of this piece in the new york times goldman hasn t seen the report he has heard from people who have seen the report. read the next paragraph. you make a great point. let s plate next paragraph game. report expected to debunk the fbi relied on info from the steele dossier. next paragraph, the fbi did site thcite the dossier to some extent. fbi cognizant as being seen as interfering with the presidential campaign. they didn t want. to say next paragraph, yet, agents had informs like steven halper approach page and paparazzi because they were with the campaign. friendly to the democrats like adam goldman is at the new york times you will frame your arguement in a