Category: Breaking News

Breakingviews TV: Health shock

CVS Health knocked $7 bln off its market value with a profit warning less than three months after buying Aetna. Rob Cyran says the deal should eventually help the company cut costs and grow, but reduced pricing power in U.S. healthcare is inflicting pain in the short term. Source link

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Breakingviews TV: Green day

Feb 8 – Progressive U.S. Democrats are proposing to tackle climate change and provide healthcare and other benefits. The ambitious plan is vague and has no chance near term, but as Richard Beales explains, it will force a real debate about some of the biggest issues the country faces. Source link

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Breakingviews TV: Big bank M&A

Feb 7 – Two U.S. lenders are merging to create a $66 billion rival to the country’s biggest banks. BB&T and SunTrust’s deal looks decent for investors on both sides – and if the regulators approve, it could provide the spur for more tie-ups in a crowded sector, Antony Currie explains. Source link

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