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Latest News:
Walt Disney Stock Upgraded on Macroeconomic Outlook - Schaeffer's Investment Research somewhat bullish
DIS
Summary: Seaport Research upgraded Walt Disney Co (DIS) to 'buy' from 'neutral' with a price target of $108, close to analysts' consensus. Stock is on track to break a five-month losing streak.
Full articleCyclist hospitalized after colliding with Union Pacific train in Salt Lake City | KSL.com neutral
UNP
Summary: A cyclist hospitalized after colliding with a Union Pacific train in Salt Lake City, incident under investigation.
Full articleHealth care giant to slash thousands of job, some of them likely in CT - Hartford Courant somewhat bearish
CVS
Summary: CVS Health Corp. plans to cut another 2,900 jobs, mostly corporate, impacting Aetna's Hartford headquarters. The layoffs are part of a $2 billion cost-cutting initiative aiming to invest in technology.
Full articleCVS Health Shares Rise on Report Over Glenview Capital Plans Push for Changes somewhat bullish
CVS
Summary: Shares of CVS Health rose after a major hedge-fund investor planned to meet with its executives to discuss operational improvements.
Full articleTop Stock Movers Now: CVS Health, FedEx, UPS, Apple, Stellantis, GM, and More somewhat bullish
CVS STLA GM F
Summary: U.S. equities were stable on the last day of a strong September and third quarter. CVS Health shares surged on reports of potential changes, while Stellantis cut its guidance due to market weakness and Chinese competition.
Full articleBlackRock Health Sciences Term Trust : Section 19 Notice - BMEZ September 2024 somewhat bearish
BMEZ
Summary: BlackRock Health Sciences Term Trust (BMEZ) has declared a distribution amount of $0.176020 per share with a record date of September 16, 2024, and a pay date of September 30, 2024. The distribution consists of return of capital. It is noted that the fund has distributed more than its net income and capital gains.
Full article5 French Luxury Titans Worth More Than Costco After $50B Wealth Surge - Business Insider somewhat bullish
LVMH LRLCY CFRHF RODPF
Summary: French luxury icons increased their fortunes by $50 billion last week due to China's stimulus plans, with LVMH CEO Bernard Arnault gaining the most. Despite the gains, they are still less rich compared to their peak wealth.
Full articleHealth Care Inc: Prior authorization reform for prescription drugs - STAT News somewhat bearish
CVS CI UNH
Summary: The Federal Trade Commission has sued the nation’s three biggest pharmacy benefit managers, accusing them of creating a system that has driven up the price of insulin. The PBMs, including CVS Caremark, Cigna’s Express Scripts, and UnitedHealth Group’s Optum Rx, deny the allegations and blame insulin manufacturers for the issue.
Full articleGM, Ford would need to halt Chinese vehicles exports for US under rule, official says somewhat bearish
GM F
Summary: Proposed rule may require General Motors and Ford Motor to stop exporting vehicles from China to the United States due to crackdown on Chinese software and hardware.
Full articleIntel looks set to receive multibillion-dollar 'equity-like' investment from alternative asset ... somewhat bullish
INTC QCOM
Summary: Apollo Global Management Inc. is in talks to offer Intel a multibillion-dollar equity-like investment, potentially signaling confidence in Intel's turnaround plan. Meanwhile, rumors suggest Qualcomm's possible takeover of Intel, although details remain uncertain.
Full articleThe public health consequences of public housing failures - The Washington Post neutral, somewhat bullish, somewhat bearish
N/A N/A CVS CI UNH
Summary: 1. The Biden administration is taking its Cancer Moonshot Initiative global to reduce cervical cancer in the Indo-Pacific region. 2. Trump promises to 'save vaping' if reelected, praising the industry after previously pursuing a crackdown. 3. The FTC sues major pharmacy benefit managers for allegedly inflating insulin costs to gain higher rebates from drugmakers.
Full article