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CVS Well being beats earnings estimates, begins restructuring to chop prices
(Reuters) – CVS Well being Corp reported better-than-expected second-quarter earnings on Wednesday and stated it had begun a restructuring program to chop prices after a latest wave of acquisitions. The corporate has expanded past medical insurance and pharmacies with its acquisitions of major care supplier Oak Road Well being and residential healthcare companies firm Signify Well being. CVS Well being, which accomplished the acquisitions earlier this yr, has recognized higher-than-expected transaction and integration prices associated to the offers. The corporate stated it recorded $496 million in pretax prices associated to a restructuring program it initiated in the course of the
The very best dividend shares for the month of August 2023
The highest dividend shares in August embody oil exploration firm Berry Corp. (BRY), and Genco Transport & Buying and selling Ltd. (GNK) and Eagle Bulk Transport Inc. (EGLE), Actual Property Funding Belief (REIT), Apollo Industrial Actual Property Finance Inc. (ARI), and Pioneer Pure Sources (PXD) oil and fuel firm. most important sockets Dividend shares are issued by corporations that pay shareholders a proportion of the earnings usually. Dividends are often paid quarterly, however could also be paid semi-annually or yearly. The dividend yield is the ratio, expressed as a proportion, that compares the annual dividend quantity to the share value.
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Shares fall, Treasury bonds achieve after Fitch downgraded the US credit standing
by Xie Yu HONG KONG (Reuters) – Asian shares fell whereas US Treasury yields fell on Wednesday after score company
Cryptocurrency shares fell after a US choose gave the SEC a brand new push
Crypto shares fell on Tuesday after a US choose mentioned digital currencies could be thought-about securities when offered to most
US Treasury yields fell after Fitch downgraded its credit standing
By Kevin Buckland TOKYO (Reuters) – US Treasury yields fell in Tokyo on Wednesday after scores company Fitch downgraded the
Meme-Darling Nikola soars as retail traders pile in
(Bloomberg) — The gravity-defying rally in electric-car startup Nikola Corp exhibits no indicators of stopping, as the corporate’s newest efforts
Apollo leads a chapter mortgage deal for the Yellow Transportation Firm
(Reuters) – Collectors led by Apollo World Administration Inc. are near closing a deal to supply Yellow Corp with contemporary
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Apple earnings quickly, and analysts proceed to spice up value targets for shares