It is the 9th of December 2019

News

Amazon Strikes Again: CVS To Buy Aetna For $69BN In Year's Largest Deal, "Reshaping Health Care"

A deal that was months in the making is finally official, with Aetna's board of directors approving on Sunday the health insurer’s sale to drugstore chain operator CVS Health Corp for approximately $207 per share in cash and stock, in a deal worth $67 billion, multiple news sources reported on Sunday afternoon. The purchase price represents a premium of 29% to where Aetna shares were trading before the WSJ first reported that the two companies were in talks in October.

Read More

Amazon Strikes Again: CVS To Buy Aetna For $69BN In Year's Largest Deal, "Reshaping Health Care"

A deal that was months in the making is finally official, with Aetna's board of directors approving on Sunday the health insurer’s sale to drugstore chain operator CVS Health Corp for approximately $207 per share in cash and stock, in a deal worth $67 billion, multiple news sources reported on Sunday afternoon. The purchase price represents a premium of 29% to where Aetna shares were trading before the WSJ first reported that the two companies were in talks in October.

Read More

China Treasury Holdings Rise For 6th Month, But The Streak May Soon Be Ending

According to the latest Treasury International Capital report issued today, four of the top five US foreign creditors added to their holdings of US Treasurys in the month of July (not adjusted for market price fluctuations), with the two largest, China and Japan, adding $19.5BN and $22BN to $1,113.1BN and $1.166BN, respectively (the Cayman Islands, i.e. hedge funds, saw a modest reduction from $265.2 to $259.2 billion). This was the 6th consecutive month of gains for China since its holdings dipped to multi-year lows in late 2016, bringing its Treasury holdings to the highest since August 2016. More surprising here is the steady bleed in Japanese TSY holdings, which despite the modest pick up in July have been on a steady downward trends since 2014.

Read More

China Treasury Holdings Rise For 6th Month, But The Streak May Soon Be Ending

According to the latest Treasury International Capital report issued today, four of the top five US foreign creditors added to their holdings of US Treasurys in the month of July (not adjusted for market price fluctuations), with the two largest, China and Japan, adding $19.5BN and $22BN to $1,113.1BN and $1.166BN, respectively (the Cayman Islands, i.e. hedge funds, saw a modest reduction from $265.2 to $259.2 billion). This was the 6th consecutive month of gains for China since its holdings dipped to multi-year lows in late 2016, bringing its Treasury holdings to the highest since August 2016. More surprising here is the steady bleed in Japanese TSY holdings, which despite the modest pick up in July have been on a steady downward trends since 2014.

Read More

Featured Apps