Cigna indicates all options on table for PBM business, says Leerink

theflyonthewall.com

Thu, Mar 8, 2012, 7:44 AM

Leerink says Cigna (CI) management indicated in conversations that all options are on the table for its PBM business amid speculation the unit may be up for sale. Options management indicated include keeping the PBM as is, selling the unit, in-sourcing the HealthSpring business, or keeping the HealthSpring business with SXC Health Solutions (SXCI), Leerink adds. The firm continues to believe Cigna's PBM business would represent an attractive acquisition asset for SXC.

Forget Nvidia: Members of Congress Are Scooping Up Shares of Its Core Rival Instead
There's a much more popular AI stock on Capitol Hill than the leading AI chip maker.
Motley Fool•1d ago
Fed's Powell, jobs report and Apple will rock markets this week
In addition to economic and earnings news, inflation and geopolitical worries will have roles to play.
TheStreet•4h ago
Nvidia Owns a 3.4% Stake in This Innovative Artificial Intelligence (AI) Stock Cathie Wood Loves
The $50 million purchase could turn into Nvidia's biggest investment.
Motley Fool•20h ago
California Fast-Food Chains Are Now Serving Sticker Shock
A month after a higher state minimum wage for fast-food workers went into effect, consumers picking up burgers and burritos at chains in the Golden State grapple with prices rising at a faster clip than in other states.
The Wall Street Journal•5h ago
Generative AI Software Sales Could Soar 6,260%: My Pick for the Best AI Stock to Buy Now (Hint: Not Nvidia)
This little-known software stock could soar as businesses spend more on generative artificial intelligence.
Motley Fool•1d ago
2 Incredibly Cheap Dividend Stocks to Buy Now
These two dividend payers have historically high yields and attractive businesses, even though there are some headwinds to deal with.
Motley Fool•12h ago
Trump to set interest rates himself under secret presidential plan
Donald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and allow the president to set interest rates, according to reports.
The Telegraph•2d ago
Elon Musk visits China as Tesla seeks self-driving technology rollout
SHANGHAI (Reuters) -Tesla CEO Elon Musk arrived in Beijing on Sunday for a surprise visit, where he is expected to meet senior officials to discuss the rollout of Full Self-Driving software and permission to transfer data overseas, according to a person with knowledge of the matter. The U.S. electric vehicle maker rolled out Full Self-Driving, or FSD, the most autonomous version of its Autopilot software, four years ago but has yet to make it available in China, its second-largest market globally, despite customers urging it to do so. Musk said this month Tesla may make FSD available to customers in China "very soon", in response to a query on social media platform X.
Reuters•4h ago
In 4 Days, Philip Morris Stock Becomes an Even Better Investment
The tobacco giant will soon be allowed to sell a proven product in a proven market.
Motley Fool•13h ago
Powell Is Poised to Keep Fed on Higher-for-Longer Path
(Bloomberg) -- Jerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long the Federal Reserve is willing to wait before cutting interest rates.Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingFed Repricing Gives Rise to New Equities Playbook in AsiaApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesThe Long, Slow Death of Urban NightlifePlunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading
Bloomberg•4h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Cigna indicates all options on table for PBM business, says Leerink

Recommended Stories

Forget Nvidia: Members of Congress Are Scooping Up Shares of Its Core Rival Instead

Fed's Powell, jobs report and Apple will rock markets this week

Nvidia Owns a 3.4% Stake in This Innovative Artificial Intelligence (AI) Stock Cathie Wood Loves

California Fast-Food Chains Are Now Serving Sticker Shock

Generative AI Software Sales Could Soar 6,260%: My Pick for the Best AI Stock to Buy Now (Hint: Not Nvidia)

2 Incredibly Cheap Dividend Stocks to Buy Now

Trump to set interest rates himself under secret presidential plan

Elon Musk visits China as Tesla seeks self-driving technology rollout

In 4 Days, Philip Morris Stock Becomes an Even Better Investment

Powell Is Poised to Keep Fed on Higher-for-Longer Path