Capitoltrades.com
First CVS Health Pharmacy Unionized Amid National Movement
WEBA CVS Health Corp (CVS:US) Omnicare pharmacy in Las Vegas has become the inaugural location to join a new national pharmacy union, marking a pivotal moment in addressing concerns over unsafe working conditions among pharmacy workers.. Almost 30 pharmacy staff at the Las Vegas branch of CVS’s Omnicare have gained …
Actived: 8 days ago
Is Lamaker’s Purchase of BERY a Positive Move Amid Merger News
WEBBerry Global Group Inc. (BERY:US) recently announced a monumental merger with Glatfelter Corp. (GLT:US), forming a global specialty materials leader valued at $3.6 billion.This strategic move aims to capitalize on the synergies between Berry's Health, Hygiene, and Specialties segment and Glatfelter's capabilities, positioning the newly …
CVS Falls on Report of Blue Shield Dropping Caremark
WEBBlue Shield of California, a prominent nonprofit health plan boasting approximately 4.8 million members, has unveiled its plans to overhaul the convoluted drug payment system currently utilized by Americans, according to a report in the WSJ.. In a strategic move to improve efficiency and transparency, Blue Shield is partnering with …
CVS up on Results, Deal to Buy Oak Street Health for $10.6B
WEBCVS Health Corp (CVS:US) confirmed it will acquire Oak Street Health (OSH:US) for $39 per share in an all-cash transaction. The confirmation comes after the Wall Street Journal reported earlier this week that two companies are in advanced talks. The deal values Oak Street, which offers primary care services, at $10.6 billion on …
Cano Health Sinks 50% on Going Concern Warning
WEBThe company plans to discontinue its operations in California, New Mexico, Illinois, and Puerto Rico. In an effort to enhance operational efficiency and mitigate costs, Cano Health has also outlined a comprehensive operational restructuring plan that will see the company cut about 700 employees, constituting 17% of the workforce.. During the …
Democratic Lawmaker Overseeing HHS Discloses Stock Buy Before …
WEBRepresentative Earl Blumenauer's wife Margaret D. Kirkpatrick purchased shares of a major biopharma firm Amgen (AMGN:US) back in 2022 prior to the Department of Health and Human Services (HHS) allocating substantial funds to acquire the company's radiation sickness drug, Nplate. This investment proved to be lucrative, as Amgen's …
UnitedHealth Acquires Amedisys, McCaul Continues Selling Spree
WEBThe UNH stock has witnessed more selling activity from politicians compared to buying activity. Most recently, Michael McCaul sold $30,000 - $100,000 worth of stock on May 10 when the stock closed at $490.07.He also sold a similar quantity in the month of February.His trading history in the stock suggests he has been on a selling spree for the …
Congressman Gains From Oracle Stock As Company Moves Into AI
WEBMuch of the debate around Oracle can be estimated due to the company foraging into AI. In the company’s Fiscal Q2 2024 earnings report, the company CEO Safra Catz said, “ Demand for our Cloud Infrastructure and Generative AI services is increasing at an astronomical rate ”. While much of the earnings fell below expectations, Oracle did …
Is UNH Overdoing Its Acquisition Strategy
WEBUnitedHealth Group (UNH:US) recently received provisional clearance from the UK regulators for its EMIS merger deal. The Competition and Markets Authority deemed any competition concerns were not strong enough to warrant an intervention. However, this is only a provisional decision and the results of further investigations on these …
These Congress Members Were Buying Falling Medtronic Stock
WEBLooking at the Capitol Trades data, we see that several Congress members were buying Medtronic shares earlier this year. In one case, Rep. Kathy Manning was buying MDT stock on October 12 - when shares closed at $80.31 - and on July 27 - closing price of $93.22. Similarly, Rep. Ro Khanna of California has been an active trader of …
Congresswoman Luna's Debut Stock Trade Raises Eyebrows
WEBIn a recent disclosure, Congresswoman Anna Paulina Luna, affiliated with the Republican Party and representing Florida's 13th congressional district, shared details about her inaugural stock trade as a lawmaker.Luna made a divestment ranging from $1,000 to $15,000 in the Biotech firm Lineage Cell Therapeutics Inc. (LCTX:US) on …
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WEBThe U.S. Labor Department has just initiated investigations against Tyson Foods Inc (TSN:US) for using child labor in some of their slaughterhouses. The investigation was sparked by a recent report by the New York Times, which detailed some disturbing accounts of migrant children being employed by contractors that are …
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