Business

Photo: Humana.com 2011 Gain: $32.87 (60%) 2011 Closing price: $87.61 Last year, investors turned away from HMO stocks such as this, fearing the impact of a new health care overhaul rule involving medical-loss ratios. However, Humana showed it was able to manage the new regulation and in October delivered better-than-expected profits and a better-than-expected forecast
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Trade negotiations between the United States and China have boiled down to whether President Donald Trump can trust the Chinese or not, CNBC’s Jim Cramer said Wednesday. “It’s not about the trade gap, people. It’s about the trust gap,” the “Mad Money” host said. “Until investors realize that’s what’s driving these negotiations, we’ll forever be
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Market focus is largely attuned to global trade developments, amid media reports of U.S. concerns that China is pushing back against American demands in trade talks. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin both plan to travel to Beijing next week for another round of negotiations with Chinese Vice Premier Liu He,
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Market focus is largely attuned to central bank expectations, with the Fed due to kick-off its two-day policy meeting later in the session. With global economic growth appearing to slow, most market participants anticipate the U.S. central bank to strike a dovish tone on Tuesday. The Federal Reserve is also expected to lower its interest
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Lyft is poised to rake in as much as $2 billion when it debuts on the public markets later this month, and its major stakeholders are set to get rich. The company plans to sell roughly 30 million class A shares at between $62 and $68 a piece, valuing the ride-hailing firm at up to
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In Asia, MSCI’s broadest index of Asia-Pacific shares, excluding Japan, rose around 0.6 percent. Back in Europe, market focus is largely attuned to the latest Brexit developments. British Prime Minister Theresa May is scrambling to secure support for her Brexit deal once again, with only three days left to win approval from U.K. lawmakers ahead
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Russian tycoon Oleg Deripaska, a close confidant of Russian President Vladimir Putin, said on Sunday that Moscow and Washington are more interested in “muscle flexing” than improving their relationship. Asked whether he has hopes of thawing tensions between Russia and the West while economic sanctions are in place, Deripaska replied: “The way I see it,
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Microsoft has plenty of experience in the auto industry, beyond Volkswagen. The company has highlighted Aston Martin, Honda, Mazda and the Renault-Nissan Alliance as Azure customers, and Nadella said in a 2016 interview with the Wall Street Journal that Daimler, BMW, Ford and Toyota are “significant customers of ours.” “I’m very thrilled about all the
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