CVS digs into primary care with $9.5 billion Oak Street Health deal By Reuters

[ad_1] © Reuters. FILE PHOTO: CVS Health logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration By Bhanvi Satija and Raghav Mahobe (Reuters) – CVS Health Corp (NYSE:) will buy Oak Street Health Inc for about $9.5 billion in cash, joining rivals in adding primary care to its portfolio as pressure … Read more

CVS Health confirms deal to buy Oak Street Health for $10.6 billion By Investing.com

[ad_1] © Reuters. CVS Health (CVS) confirms deal to buy Oak Street Health (OSH) for $10.6 billion By Senad Karaahmetovic CVS Health (NYSE:) today confirmed it has reached an agreement to acquire Oak Street Health (NYSE:) for $39 per share in cash, at an enterprise value of about $10.6 billion or an equity value of … Read more

Wall Street rallies but trade choppy as investors digest Powell comments By Reuters

[ad_1] © Reuters. FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, U.S., February 1, 2023. REUT By Carolina Mandl and Johann M Cherian (Reuters) – U.S. stocks … Read more

Activision Blizzard Q4 results beat Wall Street estimates By Investing.com

[ad_1] © Reuters By Yasin Ebrahim Investing.com — Activision Blizzard (NASDAQ:) reported fourth-quarter results that beat Wall Street estimates just as the video game maker’s sale to Microsoft (NASDAQ:) is expected to face more headwinds.    Activision Blizzard was up 0.8% in aftermarket hours following the report. The gaming publisher Q4 earnings per share of $1.87, … Read more

Sixth Street preparing bid for German football media rights

[ad_1] © Reuters. FILE PHOTO: The logo of the German Football League (DFL) is pictured in Video Assist Centre in Cologne, Germany, August 5, 2019. REUTERS/Wolfgang Rattay (Reuters) -U.S. investor Sixth Street is among the companies preparing to bid for a portion of the German football league’s media and commercial rights, the Financial Times reported … Read more

BofA trims CEO Moynihan’s pay to $30 million as Wall Street curbs compensation By Reuters

[ad_1] © Reuters. FILE PHOTO: Bank of America Chairman and CEO Brian Moynihan testifies before a Senate Banking, Housing, and Urban Affairs hearing on “Annual Oversight of the Nation’s Largest Banks”, on Capitol Hill in Washington, U.S., September 22, 2022. REUTERS/Evelyn NEW YORK (Reuters) – Bank of America Corp (NYSE:) reduced compensation for Chief Executive … Read more

Spanish high court backs man’s right to walk naked in the street By Reuters

[ad_1] MADRID (Reuters) – A Spanish high court has ruled in favour of a man who was fined for walking naked through the streets of a town in the region of Valencia and later tried to attend a court hearing in the nude. In a statement, the region’s high court said it had struck down … Read more

Opinion: Apple offers breadcrumbs for a forecast, but is that enough to reassure Wall Street?

[ad_1] Apple Inc.’s breadcrumbs lead back to a familiar place: The iPhone is all that matters. After posting its largest revenue decline in more than six years — led by underwhelming iPhone sales — in its fiscal first-quarter earnings report Thursday, Apple once again refused to provide a traditional forecast for the coming quarter or … Read more

Gilead profit beats Street expectations on COVID and HIV sales By Reuters

[ad_1] © Reuters. FILE PHOTO: A Gilead Sciences, Inc. office is shown in Foster City, California, U.S. May 1, 2018. REUTERS/Stephen Lam/File Photo By Michael Erman and Sriparna Roy (Reuters) -Gilead Sciences Inc on Thursday reported a higher-than-expected fourth-quarter profit driven by strong demand for its HIV and cancer drugs, while COVID-19 antiviral Veklury had … Read more