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☆ The stock market is in a 'mania' that will push it higher before a potential 26% drop in 2025, Stifel says
▼ + stars: | 2024-10-16 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The S&P 500 could lose a quarter of its value next year, according to Stifel. AdvertisementThe S&P 500 looks like it's in the midst of another "mania," and investors could see a steep drop in the benchmark index sometime next year, according to Stifel. AdvertisementThe S&P 500 looks like the fifth stock mania, according to a Stifel analysis spanning the last 139 years. Stocks could be challenged next year due to the uncertain outlook for Fed rate cuts, the strategists suggested. Investors could be impacted for the long-term, they added, pointing to previous manias, which historically led to weak stock returns over the following decade.

Persons: it's, —, manias Organizations: Service, Bloomberg

☆ Dollar extends gains while investors parse China's stimulus plans
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: +4 min

The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving China's somewhat disappointing weekend stimulus announcements the focus of market attention. The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving China's somewhat disappointing weekend stimulus announcements the focus of market attention. "Markets are likely disappointed that China's Finance Ministry did not unveil concrete additional stimulus," said Richard Franulovich, head of FX strategy at Westpac, in a note. The yuan is down 0.9% against the dollar since Sept. 24, when the People's Bank of China kicked off China's most aggressive stimulus measures since the pandemic. The yen and euro both fell around 0.3% each, sterling shed 0.4% and the dollar index climbed 0.4%.

Persons: Lan Foan, Richard Franulovich, Christopher Wong, Christopher Waller Organizations: Federal Reserve, Finance, China's Finance Ministry, Westpac, People's Bank of China, CSI, Fed, Traders, New Zealand Locations: Asia, Japan, China, Singapore, U.S, United States

☆ Forget AI chips: These traditional semiconductor stocks are set to soar 70%, says Morningstar
▼ + stars: | 2024-10-14 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Morningstar has urged investors to shift their focus away from the much-hyped AI chip sector. Instead, the equity research firm highlighted four traditional semiconductor makers it considers undervalued, with two picks potentially offering more than 70% upside. However, the firm's latest research note suggested that investors might find better opportunities outside the AI chip frenzy. Morningstar's top picks include Infineon Technologies and STMicroelectronics : Infineon Infineon Technologies , Germany's largest semiconductor manufacturer, stands to benefit from the increasing electrification of vehicles and the rise of electric cars, according to Morningstar. Morningstar expects Infineon shares to rise by 70% over the next 12 months to 50 euros a share ($54.90).

Persons: Morningstar, we're, Brian Colello Organizations: Nvidia, Infineon Technologies, Infineon Infineon Technologies, Infineon, Morningstar, STM STMicroelectronics, U.S Locations: United States

☆ A 36-year-old on track to retire early didn't earn more than $15,000 a year until her late 20s. She explains how she increased her income and how she invests.
▼ + stars: | 2024-10-13 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Amberly Grant achieved 'coast FIRE' by increasing her income and investing the excess. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . She's also created an additional income stream by purchasing two investment properties and setting up long- and short-term rentals. However, once you reach age 65, you can use your HSA money to cover any expense without incurring a penalty. While Grant can use her HSA funds for medical costs right now, she chooses to pay out-of-pocket so her HSA money can continue to grow and compound.

Persons: Amberly Grant, —, she'd, Grant, it'll, she's, who's, it's, She's, I've, Roth, what's, I'm Organizations: IRA, Service, Leeds School of Business, Boulder, FIRE Locations: Portland, San Francisco

☆ Look inside an abandoned high school turned $3.3 million apartment complex—and 4 more multimillion-dollar dream homes
▼ + stars: | 2024-10-12 | by ( Nicolas Vega Celia Fernandez Jennifer Liu | Nicolas Vega | Celia Fernandez | ) www.cnbc.com time to read: +7 min

An abandoned baseball stadium is now a $14 million luxury apartment complexThe Stadium Lofts has 138 units and Stadium Flats, the four-building complex next door, has 144. "We designed it such that when you walked in, you felt like you were walking into a historic stadium rather than an apartment building," Watson said. They turned an old school into a 31-unit apartment building"Bowtie High" was converted into a 31-unit apartment building. After enlisting real estate investor Adam Colucci and developer Dan Spanovich, the trio bought the abandoned Bowtie High for $100,000. They embarked on an 18-month renovation beginning in 2020 to turn it into an apartment building.

Persons: Michael Potter, Michael Cox, John Watson, Cox, Watson, Alexis Zakis Jesse Wig, Adam Colucci, Dan Spanovich, Katie Tarasov, Joe Sobczak, Sobczak, Peter Bittner, Sheila Consaul's, Consaul, Rubia Daniels Organizations: CNBC, Indianapolis Indians, Sobczak, San Francisco International Airport, San Carlos Airport, SFO, U.S . Air Force, Historic Lighthouse, Washington D.C Locations: Indianapolis, Tuolumne County, Bay, Yosemite, Fairport, Ohio, Lake Erie, Washington, Headlands Beach, Italy

☆ Helene and Milton put this net-zero, hurricane-proof community to the test. The lights stayed on as everything else went dark
▼ + stars: | 2024-10-12 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +7 min

Most of the residents living in Hunters Point heeded the mandatory evacuations ahead of Hurricane Milton’s landfall but Fulford, 76, stayed behind with wife, Sueann, just as they did during Hurricane Helene last month. The storm obliterated vast parts of Florida, including the surrounding areas of Hunters Point like Anna Maria Island and Bradenton. Rebecca Blackwell/APMilton knocked out power for more than 2.5 million customers across the state, including in Manatee County, where Hunters Point homes are located. Julian Quinones/CNNWhen Gobuty started the design process for Hunters Point, it was imperative the homes be able to withstand Category 5 hurricanes. Instead, Milton drove the worst storm surge across a 65-mile stretch of coast between Siesta Key and Fort Myers Beach.

Persons: William Fulford, Fulford, Milton, Sueann, Helene, “ I’m, ” Fulford, Anna Maria, Hurricane Milton, Maria, Rebecca Blackwell, AP Milton, ” Marshall Gobuty, ”, Julian Quinones, Gobuty, there’s, ” Gobuty Organizations: CNN, Bradenton, Pearl Homes, Hurricanes, AP, Fort Myers Locations: Virginia Beach , Virginia, South Florida, Sarasota Bay, Tampa Bay, Bradenton Beach, Fulford, Siesta, Florida, Bradenton, St . Petersburg, Pines, Park, Maria Island , Florida, Manatee County, Milton, Virginia, Fort Myers Beach

☆ A 33-year-old self-made millionaire shares the 2-part 'financial freedom road map' that helped him build wealth
▼ + stars: | 2024-10-12 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Erik Smolinski shares the 'road map' he used to build wealth and achieve financial independence. He also provides steps anyone can take to build wealth, starting with opening a brokerage account. Part 1: Understand 3 'wealth levers'According to Smolinski, there are three "wealth levers" that you have to use in order to build wealth. Next, link your bank account to your brokerage account and initiate your first transfer. Over time, you'll learn to live without the chunk of money you're setting aside for your future.

Persons: Erik Smolinski, —, Smolinski, that's, you've, I'm Organizations: Service, Marine Corps

☆ Getting more F-16s is only half the battle. Ukraine also desperately needs to be training more pilots.
▼ + stars: | 2024-10-11 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +9 min

Ukraine needs more trained pilots to effectively build a reliable F-16 fighter fleet. AdvertisementUkraine desperately needs more trained pilots to effectively build a formidable F-16 fighter fleet, air warfare experts told Business Insider. AdvertisementTraining bottleneckF-16 training for Ukraine's pilots is being done by a coalition of countries, including the Netherlands, Canada, Denmark, the US, and Romania. "The number of F-16s we have in Ukraine, the number of pilots who have already been trained, is not enough," he said. AP Photo/Efrem LukatskyBohnert said the number of F-16s Ukraine is getting from its partners is "definitely not enough."

Persons: —, Michael Bohnert, Gordon, Skip, Davis, Bohnert, Volodymyr Zelenskyy, Efrem, Troels Lund Poulsen, George Barros, Ukraine's, Lockheed Martin, That's, Efrem Lukatsky, Lukatsky Bohnert, Zelenskyy, Russia's, it's Organizations: Training, Service, Ukraine, RAND Corporation, US Army, Defense Investment Division, REUTERS, Politico, AP, Danish Defense, General Dynamics, Lockheed, Associated Press, Ukrainian, Air, Patriot Air and Missile Defense, US Air Force Locations: Ukraine, Soviet, Netherlands, Canada, Denmark, Romania, Norway, Belgium, Kyiv, Ukrainian, Russia

☆ 2 simple diet tips helped a 41-year-old office worker transform his body in the gym
▼ + stars: | 2024-10-11 | by ( ) www.businessinsider.com time to read: +5 min

A UK man transformed his physique by following a calorie deficit and protein goal. To get enough daily protein, he started eating more fish and eggs and snacking on chickpeas. AdvertisementA 41-year-old man said learning two simple diet tips helped him build a more muscular, lean physique in less than a year. A protein goal helps fuel muscle growth and stave off cravingsKnebeg's other major daily goal is to eat around 142 grams of protein. AdvertisementKnebeg rounds out his diet with protein supplements for convenience when he needs a quick, lower-calorie boost to meet his goal.

Persons: —, Alec Knebeg, he's, Adam Enaz, Knebeg, I'd, Enaz Organizations: Service, International Society of Sports Nutrition Locations: London

☆ Prosecutors seek years in prison for Trump Media insider trading Shvartsman brothers
▼ + stars: | 2024-10-11 | by ( Dan Mangan | ) www.cnbc.com time to read: +7 min

Michael Shvartsman, 53, was born in Ukraine when it was part of the Soviet Union. "Mr. Shvartsman has paid a steep price for his insider trading," those lawyers wrote. "Altogether, Shvartsman exhibits a troubling pattern of acting as though he were above the law," prosecutors wrote. "The defendant is a wealthy, successful businessman," prosecutors wrote about Gerald Shvartsman, who is a married father of two children. Roland Riopelle, a lawyer for Gerald Shvartsman, is asking Liman for a sentence with no prison time.

Persons: Michael Shvartsman, Amr Alfiky, Gerald Shvartsman, Lewis Liman, Bruce Garelick, Garelick, Michael Shvartsman's, Donald Trump —, Donald Trump, Jim Watson, DWAC, Alan Futerfas, Dennis Vacco, Judge Liman, Shvartsman, Prosecutors, Roland Riopelle, Liman, Riopelle Organizations: Manhattan Federal Court, Reuters Prosecutors, New, Trump Media, Prosecutors, Soviet Union, Reuters, Rocket, Digital, Republican, Afp, Getty, Trump, Manhattan U.S, Attorney's Locations: Manhattan, New York City, U.S, New York, Florida, Ukraine, Soviet, Italy, Toronto, Canada, Michael Shvartsman's Miami, DWAC, Butler , Pennsylvania

☆ Jamie Dimon suggests he will remain at JPMorgan for a very long time
▼ + stars: | 2024-10-11 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

Jamie Dimon said he expects to stay at JPMorgan "for a long period" rather than join the government. One way that Dimon might do that after stepping down as CEO is to stay on as chairman. "I intend to be doing what I'm doing — I almost guarantee I'll be doing this — for a long period of time, or at least until the board kicks me out," he said. (The firm has previously said it intends to separate the CEO and chairman roles after Dimon steps down.) The Wells Fargo analyst on Friday suggested Dimon has been commenting on government pontifications in the past year more than at any other time in his career, raising questions about his political aspirations.

Persons: Jamie Dimon, —, Dimon, isn't, Lloyd Blankfeld, David Solomon, I've, wouldn't, Goldman Sachs, he's, Wells, Warren Buffett Organizations: JPMorgan, Service, JPMorgan Chase, Citi, Bank of America Locations: Wells Fargo, American

☆ We're hiking our Wells Fargo price target after the stock surged on earnings
▼ + stars: | 2024-10-11 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Wells Fargo reported results before Friday's opening bell. WFC YTD mountain Wells Fargo YTD Shares of Wells Fargo surged 6% on the release to more than $61. Wells Fargo Why we own it : We bought Wells Fargo as a turnaround story under CEO Charlie Scharf. We come away from the call feeling good not only about Wells Fargo's setup for next year. A resurgence in Wall Street dealmaking — both mergers and acquisitions and initial public offerings — will benefit Wells Fargo.

Persons: Wells, Wells Fargo, That's, Charlie Scharf, He's, Scharf, Charles Scharf, we've, Morgan Stanley, NII, Jim Cramer's, Jim Cramer, Jim Organizations: Investors, Wells, Federal Reserve, Bank of America, Citigroup, buybacks, Management, CNBC Locations: LSEG, Wells, Wells Fargo, reinvest, U.S, NII

☆ Another reason to rethink CDs: Your return is less than it seems
▼ + stars: | 2024-10-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Now that the Federal Reserve has started to cut the federal funds rate, those yields are moving lower. Lincoln Financial's analysis shows that cash yields have historically fallen by 2%, on average, twelve months after the start of a Fed cutting cycle. What to do with excess cash Instruments like CDs, high-yield savings accounts and money market funds are a good place to stash cash for emergencies and upcoming expenses. However, the forward market implies that they should start to look appealing relative to money funds in about six months, Abate wrote. "We expect investors to rotate from money funds into IG only if compensated for the risk," he noted.

Persons: Joe Boyle, Sallie Mae, Goldman Sachs, Marcus, Michael Kaye, Jayson Bronchetti, Lincoln, Boyle, Lincoln Financial's Bronchetti, Bronchetti, we've, Joseph Abate, Abate Organizations: Hartford Funds, Investors, Federal Reserve, American, Financial, Synchrony, Fed, Lincoln Financial, Bloomberg U.S, Barclays, Reserve, IG Locations: Wells Fargo, U.S

☆ Boeing's negotiations with union leaders break down 2 days after restarting
▼ + stars: | 2024-10-09 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

Boeing and union leaders resumed negotiations on Monday but reached a stalemate by the end of Tuesday. AdvertisementTalks between Boeing and union leaders have broken down two days after restarting. The first offer of a 25% pay rise was overwhelmingly rejected, while the union criticized Boeing for sending its second offer to the media and not negotiating with union leaders. "The company was hell-bent on standing on the non-negotiated offer," the union negotiating committee for IAM District 751 said on Tuesday. The IAM District 751 negotiating committee also said it "remains ready to continue mediated or direct talks."

Persons: —, Stephanie Pope, Pope, Ron Epstein, Jon Ostrower, Kelly Ortberg Organizations: Boeing, Bank of America, Service, International Association of Machinists, Aerospace Workers, IAM, The, Alaska Airlines Locations: Seattle, Pacific

☆ Boeing withdraws contract offer after talks with union end without a deal
▼ + stars: | 2024-10-09 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Workers picket outside a Boeing Co. facility during a strike in Everett, Washington, US, on Monday, Sept. 16, 2024. Boeing Co. factory workers walked off the job for the first time in 16 years, halting manufacturing across the planemaker's Seattle hub after members of its largest union voted overwhelmingly to reject a contract offer and go on strike. Boeing withdrew a contract offer for 33,000 machinists who have been on strike since mid-September, and said further negotiations "do not make sense at this point." Boeing later sweetened the offer, increasing pay raises, a ratification bonus and other improvements, which the union turned down, arguing that it was not negotiated. The union, the International Association of Machinists and Aerospace Workers, said Tuesday that Boeing refused to improve wages, retirement plans and vacation or sick leave.

Persons: Stephanie Pope, Pope Organizations: Boeing Co, Boeing, Puget, International Association of Machinists, Aerospace Workers Locations: Everett , Washington, US, Seattle

☆ Talks between Boeing and striking union break down
▼ + stars: | 2024-10-08 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Boeing and the union that represents 33,000 striking employees at the company say talks between the two have broken down and no new talks are scheduled. A previous tentative agreement between the union and Boeing ahead of the strike was rejected nearly unanimously by the members now on strike. Union members are angry that they lost the traditional pension plan that they had at Boeing until 10 years ago. Boeing on Tuesday said that it is trying to reach a deal with the union that will bring the strike to an end. But the union said Boeing refused to improve the publicly disclosed offer of two weeks ago.

Persons: Stephanie Pope, ”, “ Organizations: New, New York CNN, Boeing, International Association of Machinists, Standard, Federal Aviation Administration Locations: New York, Washington

☆ My grandma is practicing 'Swedish death cleaning,' or getting rid of things before you die. It inspired me to declutter, too.
▼ + stars: | 2024-10-08 | by ( Tegan Forder | ) www.businessinsider.com time to read: +6 min

My grandma is practicing Swedish death cleaning by giving things away to her family. She might not know it, but she's carrying out a practice called Döstädning, or Swedish death cleaning — a philosophy of getting your house in order before you die. Tegan Forder's grandmother is giving away items to her family in a practice known as Swedish death cleaning. Facebook Marketplace is also a useful platform for giving things away for free like furniture, bags of clothes, and kids' shoes. AdvertisementI've learned that decluttering is a lesson in patience if you are doing it thoughtfully — just as the Swedish death cleaning philosophy dictates.

Persons: she's, It's, —, grandpa, Margareta Magnusson, Tegan Forder's, Tegan Forder, I've, — I've Organizations: Service, Facebook Locations: Swedish

☆ Amazon's ex-retail boss Dave Clark launches new startup to solve supply chain 'Franken-software'
▼ + stars: | 2024-10-08 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Dave Clark, Amazon 's former CEO of global consumer, who briefly helmed logistics company Flexport, is returning to the startup world. Prior to Flexport, Clark developed a storied reputation during his 23 years at Amazon as the architect of its mammoth logistics network. In 2020, Amazon tapped Clark to head its core retail business after longtime executive Jeff Wilke left the company. Clark joined Flexport to bring what he had built at Amazon to "small businesses and other businesses around the world." He left the startup feeling there was still a gap in the market for supply chain tools, and began to develop the idea behind Auger.

Persons: Dave Clark, Clark, Franken, Ryan Petersen, Petersen, Clark overspent, Flexport, Jeff Wilke, Auger Organizations: Excel, CNBC, Amazon, Amazon's, Flexport

☆ 18 Best Pregnancy-Safe Skin Care in 2024, According to Experts
▼ + stars: | 2024-10-07 | by ( Macaela Mackenzie | ) www.nbcnews.com time to read: +32 min

SKIP AHEAD The best pregnancy-safe skin care products in 2024 | How to shop for pregnancy-safe skin care | Why trust NBC Select? How I picked the best pregnancy-safe skin care productsI asked board-certified dermatologists about common pregnancy skin concerns like dryness and sensitivity and for their recommendations on pregnancy-safe formulas. The best pregnancy-safe skin care products in 2024When you’re pregnant, it may feel like you have to abandon your skin care routine and start new, but experts say that is not always the case. The fragrance-free formula has broad-spectrum protection, which means it keeps your skin safe from both UVA and UVB rays. How to shop for pregnancy-safe skin careWhen shopping for pregnancy-safe skin care, experts say the best approach involves assessing your skin’s changing needs and talking with your doctor about what ingredients you feel comfortable using.

Persons: Sejal Shah, ”, Rachel Nazarian, Erum Ilyas, you’re, Shah, La, Mili Godio, It’s, niacinamide, EltaMD, Posay’s, ceramides, Ilyas, Nazarian, “, Squalane, “ It’s, dullness, There’s, Melasma, you’ve, they’re, retinoids, it’s, “ it’s, Oxybenzone, clary, TikTok Organizations: NBC, Dermatology, Neutrogena’s Hydro, La Roche, American Academy of Dermatology, OB, American College of Obstetricians, Alpha, National Institutes of Health, NIH, Facebook, Twitter Locations: New York, Pennsylvania, erring

☆ China released a blitz of stimulus measures to boost its economy. Now begins the balancing game.
▼ + stars: | 2024-10-07 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

AdvertisementVarious Chinese ministries and local governments are likely to roll out a variety of stimulus measures in the coming weeks — useful or not, they added. China still has a massive property problem that's unlikely to be solved with one set of stimulus measures. China's stock markets, which are dominated by retail investors fixated on social media, are blistering hot. China's stock markets are closed for weeklong National Day public holidays and are set to reopen on Tuesday. "Stimulus measures could add more fuel to the fire when stock markets are already heated.

Persons: —, it's, Nomura, Freya Beamish, Rory Green, Ben Harburg, Larry Hu, Hu, Magdalena Polan, Polan, China's Organizations: Service, Global Data.TS, —, MSA, Macquarie Group, CSI, Nomura Locations: China, Saudi Arabia, Beijing, Harburg

☆ Most of today’s children are unlikely to live to 100, analysis says
▼ + stars: | 2024-10-07 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

They said, ‘No, no, NO!’ Advances in medical and life-extending technologies will accelerate and will drag life expectancy along with it,” he said. We have shown the era of rapid increases in human life expectancy has ended, just as we predicted,” Olshansky said. “We’re still gaining life expectancy, but it’s at an increasingly slower pace than in previous decades.”Olshansky spoke to CNN about his analysis of longevity data. Just 5% of baby girls and about 2% of baby boys born today will live to 100, according to a new analysis. (That woman, Jeanne Calment, was born in 1875 in Arles, France, at a time when life expectancy was nearly 45 years.

Persons: CNN — Gerontologist Jay Olshansky, Olshansky, ”, ‘, ” Olshansky, “, “ We’re, Jeanne Calment, it’s, that’s Organizations: CNN, “, School of Public Health, University of Illinois, ER Productions, Getty Locations: Chicago, Australia, France, Hong Kong, Italy, Japan, South Korea, Spain, Sweden, Switzerland, United States, Arles

☆ My dentist told me they couldn't remove a tooth because of my weight. It was the wake-up call I needed to lose 100 pounds.
▼ + stars: | 2024-10-07 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

Carol Evans' oral surgeon told her she was too heavy to have her tooth removed under anesthetic. It was the wake-up call she needed to lose 100 pounds through diet and exercise. "Please make another appointment for three months' time after you've lost weight." By mid-September 2021, a year after the surgery, I'd lost 100 pounds. I regained some of the weight and lost it againI kept up the regimen for nearly two years.

Persons: Carol Evans, —, John, I'd, you've, Jillian Michaels, snacking, Evans, Tim Hetherington, I'm Organizations: Service, BMI, Business Locations: Birmingham, France

☆ 33 top stocks to buy in a market with few undervalued investments: Morningstar
▼ + stars: | 2024-10-05 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Here are 33 of the firm's favorite stocks heading into a pivotal fourth quarter. Therefore, it's no shock that those growth stocks are responsible for the market's lofty valuation. AdvertisementMorningstar33 top stocks to ownIn Morningstar's fourth-quarter note, the firm designated 33 stocks as its top picks across sectors and groups like cyclicals, defensives, and economically sensitive companies. "To outperform, we think investors will need to look for contrarian investments and story stocks," Sekera wrote. Along with each company is its ticker, market capitalization, group, sector, rating, price target, upside to that target, and selected commentary from Morningstar.

Persons: —, Dave Sekera, Morningstar, Sekera Organizations: Morningstar, Service, Stocks

☆ CVS is under pressure and considering a breakup. Here's why that could be risky
▼ + stars: | 2024-10-04 | by ( Annika Kim Constantino | Annika Kim Constantino Covers The Biotech | Pharmaceutical Industry For Cnbc Digital. | ) www.nbcnews.com time to read: +13 min

It’s time for a wellness check at CVS Health. But Caremark, in some cases, also funnels drug prescriptions to CVS retail pharmacies, he said. He said a spinoff of CVS’ retail pharmacies would be more likely. A general view shows a sign of CVS Health Customer Support Center in CVS headquarters of CVS Health Corp in Woonsocket, Rhode Island, U.S. October 30, 2023. Those actions will help the company achieve its target of 100- to 200-basis-points margin improvement in its Medicare Advantage business, CVS executives said in August.

Persons: Caremark, ”, eMarketer, Rajiv Leventhal, Karen Lynch, Lynch, Brian Kane, “, ” Jefferies, Brian Tanquilut, Elizabeth Anderson, Anderson, it’s, eMarketer’s Leventhal, ” Tanquilut, Ann Hynes, Tanquilut, “ they’re, they’re, Michael Cherny, Cherny, Faith Ninivaggi, Reuters Cherny, CVS, Tom Cowhey Organizations: CVS Health, CVS, CNBC, Aetna, Monday, Glenview Capital, Glenview, Evercore ISI, UnitedHealth, Humana, Walgreens, Street Health, Oak, Health, Mizuho, Amazon, Walmart, Oak Street, Leerink Partners, Affordable, Medicare, CVS Health Corp, Reuters, Centers, Medicaid Services Locations: U.S, Caremark, Aetna, Texas and Illinois, Woonsocket , Rhode Island

☆ Lombard Odier's John Woods discusses why he remains cautious on the Greater China markets
▼ + stars: | 2024-10-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLombard Odier's John Woods discusses why he remains cautious on the Greater China marketsJohn Woods of Lombard Odier says that while the animal spirits in China have been unleashed, he remains cautious about the market until the Chinese government can meaningfully tackle the excess capacity in the property sector.

Persons: John Woods, Lombard Odier Organizations: Lombard Locations: China

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