Global banks forecast improved investment banking outlook

Global banks forecast improved investment banking outlook

A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights NEW YORK, Dec 5 (Reuters) – Global bank executives said that dealmaking conditions have begun to improve, with some predicting a better outlook for strategic mergers and acquisitions at an industry … Read more

Wall St posts big gains, helped by tech as Treasury yields calm

Wall St posts big gains, helped by tech as Treasury yields calm

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Tech sector jumps, helped by Microsoft, Nvidia Investors looking ahead to CPI next week Illumina falls on annual profit forecast cut Nov 10 (Reuters) – Wall Street’s main indexes ended … Read more

Exclusive: Cigna explores shedding Medicare Advantage business -sources

Exclusive: Cigna explores shedding Medicare Advantage business -sources

Signage for Cigna is pictured at a health facility in Queens, New York City, U.S., November 30, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights NEW YORK, Nov 6 (Reuters) – U.S. health insurer Cigna Group (CI.N) is exploring the sale of its Medicare Advantage business, which manages government health insurance for people aged 65 and … Read more

Elevance raises 2023 profit forecast on easing fears over medical costs

Elevance raises 2023 profit forecast on easing fears over medical costs

Oct 18 (Reuters) – Health insurer Elevance Health (ELV.N) raised its annual adjusted profit outlook and beat Wall Street estimates for third-quarter profit on Wednesday, on the back of lower-than-expected medical costs, sending shares over 2% higher. Elevance, however, took a nearly $700 million charge due to job cuts and write-offs from some technology assets … Read more

Kaiser Permanente and healthcare workers head for labor clash as strike deadline looms

Kaiser Permanente and healthcare workers head for labor clash as strike deadline looms

[1/2]A Kaiser Permanente health care center is pictured in Anaheim, California, U.S., October 3, 2023 as more than 75,000 Kaiser Permanente healthcare workers could go on strike from Oct. 4 to Oct. 7 across the United States. REUTERS/Mike Blake Acquire Licensing Rights WASHINGTON, Oct 3 (Reuters) – Kaiser Permanente appeared headed for a labor clash … Read more

Meta unveils AI assistant, Facebook-streaming glasses

Meta unveils AI assistant, Facebook-streaming glasses

[1/9]A guest attends a presentation of the updated virtual reality headset during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., September 27, 2023. REUTERS/Carlos Barria Acquire Licensing Rights MENLO PARK, California, Sept 27 (Reuters) – Meta Platforms (META.O) Chief Executive Mark Zuckerberg on Wednesday rolled out new AI products for … Read more

Wall St Week Ahead Historically stormy month of September may test US stock rally

Wall St Week Ahead Historically stormy month of September may test US stock rally

The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights NEW YORK, Aug 25 (Reuters) – U.S. stock investors are bracing for a potentially volatile September as the market faces key economic data reports, a Federal Reserve meeting … Read more

Illumina cuts annual profit forecast as biotech funding woes linger

Illumina cuts annual profit forecast as biotech funding woes linger

The offices of gene sequencing company Illumina Inc are shown in San Diego, California January 11, 2016. REUTERS/Mike Blake/File Photo Aug 9 (Reuters) – Illumina Inc (ILMN.O) cut annual profit forecast, in a sign that a funding crunch among its biotech and pharmaceutical clients is expected to weigh on sales for its genetic testing tools … Read more

Wall Street ends down, investors step back after Fitch US rating cut

Wall Street ends down, investors step back after Fitch US rating cut

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2023. REUTERS/Brendan McDermid/File Photo Fitch cuts US credit rating to AA+ Wells Fargo slides on plan to help refill FDIC coffers U.S. private payrolls beat expectations in July, ADP says Indexes down: Dow 0.98%, S&P 1.38%, … Read more

Quest Diagnostics launches Alzheimer’s blood test for consumers

Quest Diagnostics launches Alzheimer’s blood test for consumers

CHICAGO, July 31 (Reuters) – Quest Diagnostics (DGX.N) on Monday launched the first direct-to-consumer blood test to detect abnormal levels of beta amyloid, a key Alzheimer’s disease protein that can appear years before dementia symptoms arise. The $399 test, called AD-Detect, uses the same technology as a blood test the company began selling for use … Read more