Hints and tips:
...UnitedHealth Group’s OptumRx and Cigna’s Express Scripts, the two other large PBMs, have continued to give Humira preferred placement on their formulary lists as AbbVie has offered them bigger rebates....
...Ukraine has found itself almost a victim of its own success by holding back the Russian invasion....
...Q4 Friday France: monthly industrial production figures US: February employment update Results: AbbVie Q4, Aon Q4, Bank of India Q3, Bristol Myers Squibb Q4, Charter Communications Q4, Chevron Q4, Cigna...
...Two more stocks of interest We have already written about three of our entries in the FT’s 2024 stock picking competition: Everest Group, Cigna and Dollar Tree....
...Or at least the Cigna C-suite....
...Tom di Galoma, managing director at Seaport Global Holdings, described the fall as a “capitulation trade”....
...Top donors to Gottheimer included Tim Wentworth, president of both Express Scripts Holding Company, the pharmacy benefit manager, and Cigna, the health insurance company, as well as Tony James, executive...
...Kelly was in repeated contact with Cigna’s chief David Cordani throughout the assignment, the court record says....
...A court case stemming from Anthem’s $54bn bid for rival health insurer and Teneo client Cigna best encapsulates Teneo’s methods: the presiding Delaware judge noted the group was “skilled in the darker arts...
...Moderna; Nintendo; ING; Zalando; Brookfield Infrastructure Partners; News Corp; Kellogg; UniCredit; Enel; Peloton Interactive; Trainline; Barratt Developments; Next; Reach; Rio Tinto; Superdry Friday Cigna...
...The group arguing against the changes included many of the biggest companies listed in New York from a cross-section of sectors including health insurer Cigna, logistics giant FedEx and retailers Home Depot...
...For context, the SEC has required funds with $100m invested in US securities or more to report their equities holdings for the past 40 years....
...Also weighing on Cigna on Friday was its disappointing guidance....
...On Monday, his family’s CK Asset Holdings unveiled a £4.6bn takeover of Greene King, the UK’s largest listed pub operator....
...Liu Chuanzhi will step down as chairman of Legend Holdings, handing control of the sprawling company to Ning Min, an executive director. More here....
...In a separate letter, Ms Pelosi told Democrats that the House would exercise its “most solemn powers” by holding the vote after concluding that Mr Trump had “abused his power for his own personal, political...
...Cigna, a health insurer, announced the takeover of Express Scripts, a pharmacy benefit manager, in March....
...The hedge fund owns around $1.3bn across Cigna and Express Scripts, split roughly evenly between the two....
...Harris Associates already has a near 7 per cent holding, which is less than ValueAct’s 9.35 per cent stake. If Singer’s move is anything to go by, his company could quickly follow him to the exit....
...Activist investor Carl Icahn has abruptly dropped his opposition to Cigna’s $67bn acquisition of Express Scripts, only a week after launching a withering attack that branded the deal “inexplicably ridiculous...
...On Tuesday, the veteran activist confirmed that he will vote against Cigna’s $67bn acquisition of Express Scripts....
...The investment unit of his Icahn Enterprises holding company posted a 5.8 per cent loss in the first quarter, Keith Cozza, chief executive, said in a conference call with investors on Thursday....
...Cigna’s tie-up with Express Scripts was announced before Jeff Bezos’s retail giant’s latest foray into the sector, however....
...He had sold its shares short and owned less than 1 per cent of Cigna....
...Swiss asset manager GAM Holdings last year fought off an attack by RBR Capital Advisors, a hedge fund. Investors revolted over pay but rejected RBR’s attempts to overhaul the board....
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