|Bid||107.40 x 900|
|Ask||108.10 x 1000|
|Day's Range||106.53 - 108.21|
|52 Week Range||86.61 - 119.33|
|PE Ratio (TTM)||15.33|
|Earnings Date||Jul 13, 2018|
|Forward Dividend & Yield||2.24 (2.08%)|
|1y Target Est||121.92|
Jun.20 -- Atul Gawande, a surgeon and journalist who has written extensively about the U.S. failure to grapple with rising health-care spending, has been named to head a new health venture for Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. Bloomberg's Zachary Tracer has more on "What'd You Miss?"
WASHINGTON (AP) — The Federal Reserve says that all of the 35 largest U.S. banks are fortified enough to survive an economic shock and keep on lending. Banks' hypothetical losses from credit cards increased in the latest "stress tests," however.
CVS Health CEO Larry Merlo tells CNBC's Bertha Coombs he expects to close the $69 billion deal to buy Aetna later this year.
JPMorgan Chase & Co. announced today that it has released the results of its company-run 2018 Dodd-Frank Act Stress Test for JPMorgan Chase & Co.
Dr. Atul Gawande, a surgeon who was named this week to head the company being formed by Amazon, Berkshire Hathaway and JPMorgan Chase to trim employee healthcare costs, on Thursday cited surgery as the single biggest U.S. healthcare cost and said there are ways to both cut costs and improve patient care. Speaking in San Diego at the annual meeting of America's Health Insurance Plans, a health insurance trade association, Gawande also said that end-of-life care needs to take into account the wishes of patients, something which he said is now sorely lacking. Gawande, who practices general and endocrine surgery at Brigham and Women's Hospital in Boston and as an author has made a name for himself as a critic of medical practices, said some of the focus on the high cost of health care in the United States is misplaced.
Atul Gawande, named to head a new health-care venture jointly formed by Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co., said he’s now in a position to reduce waste and improve medical treatment for a million workers. “We will come to a place where we can generate scalable solutions that change the practice of medicine,” Gawande said at the America’s Health Insurance Plans conference in San Diego on Thursday, a day after he was appointed chief executive officer of the health-care partnership. The not-for-profit startup aims to improve care and lower costs for the three companies by creating systems that connect complex medical services with patient counseling while reducing waste caused by irrelevant tests or costly treatment that doesn’t improve quality of life, Gawande said, citing his research as a medical journalist.
Based in New York and Toronto, TouchBistro specializes in streamlining orders and payments at restaurants, cafes, bars and food trucks.
Declining Treasury yields are chasing investors from some exchange traded funds tracking financial services stocks, including the iShares U.S. Financial Services ETF (IYG) . The $1.87 billion IYG recently turned 18 years old and tracks the Dow Jones U.S. Financial Services Index. Earlier this year, financials were also propped up by a rise in bond yields as higher interest rates typically widen the margin spread between bank loans and deposits.
After moving dangerously close to the tipping point on Tuesday, the market got something of a reprieve with Wednesday’s action. FANG stocks Facebook (NASDAQ:FB) and Netflix (NASDAQ:NFLX) both moved to record highs yesterday, pulling the rest of the market up with them.
Under assessment this morning are the following equities: Bank of America Corp. (BAC), Home Bancshares Inc. (Conway, AR) (HOMB), ICICI Bank Ltd (NYSE: (IBN), and JPMorgan Chase & Co. (JPM). Charlotte, North Carolina-based Bank of America Corp.'s stock finished Wednesday's session 0.07% lower at $29.24 with a total trading volume of 46.50 million shares.
Dr. Atul Gawande, an accomplished surgeon, writer and Harvard professor, has been named the chief executive officer of a new health-care initiative started by Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. The new independent venture has as its goal improving health care for the three companies’ more than a million combined U.S. employees, as well as making it more cost-effective. “We said at the outset that the degree of difficulty is high and success is going to require an expert’s knowledge, a beginner’s mind, and a long-term orientation,” Amazon Chief Executive Jeff Bezos said in the Wednesday release.
Berkshire Hathaway Inc., Amazon.com Inc. and JPMorgan Chase & Co. named prominent surgeon and researcher Atul Gawande as chief executive of their new venture that aims to overhaul workers’ health care. The appointment of Dr. Gawande is effective July 9, and the still-unnamed health-care initiative will be based in Boston, the companies said. The selection of Dr. Gawande, a best-selling author known for his work on health-care quality, ensures the effort will remain under a spotlight, and provides the most concrete signal so far that the partners’ ambitions go beyond conventional tweaks to employer health-benefit plans.
Well-regarded surgeon and author Atul Gawande, a critic of his industry's medical practices, will lead the new company being formed by Amazon.com Inc (AMZN.O), Berkshire Hathaway Inc (BRKa.N) and JPMorgan Chase & Co (JPM.N) that aims to cut U.S. employee healthcare costs, the companies said on Wednesday. Amazon, Berkshire and JPMorgan announced the joint venture in January, saying U.S. healthcare costs were rising too fast and holding back economic growth.
Dr. Atul Gawande soon will lead the joint venture between J.P. Morgan, Amazon and Berkshire Hathaway. J.P. Morgan CEO Jamie Dimon, Amazon Chief Jeff Bezos and Berkshire leader Warren Buffett announced the venture in January. Dr. Atul Gawande writes and speaks about health care — a lot.
Dr. Atul Gawande was once given $20,000 by Warren Buffett's longtime investing partner Charlie Munger. Buffett, chairman and CEO of Berkshire Hathaway, made that revelation on CNBC back in 2010. At the time, Buffett said Munger wrote a check after Gawande published an article in The New Yorker on high U.S. medical costs.
Shares of Citigroup Inc. ( C) were upgraded by Deutsche Bank, which anticipates events like the Federal Reserve’s upcoming stress test and an improving business environment will be among its main drivers. Deutsche Bank analysts Matt O’Connor upgraded Citi to buy from hold, saying he expects shares to rebound from their recent low levels. The bank’s stock is down 9.4% year to date. Citi stock is off 17% from its 52-week high in January, which underperformed Bank of America Corp. ( BAC) and JPMorgan Chase & Co. ( JPM) by 9%, O’Connor said.
Jeff Bezos, Warren Buffett, and Jamie Dimon name the new CEO who will guide their radical healthcare experiment. And he’s a winner.
Atul Gawande, a medical professor who penned the 2014 book “Being Mortal: Medicine and What Matters in the End,” will lead the joint venture.
Executives from Amazon, JPMorgan Chase, and Berkshire Hathaway have named doctor Atul Gawande the CEO of their joint healthcare company, a startup announced in January that’s intended to serve as an alternative medical system for the companies’ employees. Gawande has a long history of criticizing healthcare in the US. In addition to being a surgeon…
Professor Atul Gawande, M.D. delivers speech during Geisinger Health System A Century of Transformation and Innovation Symposium at Pine Barn Inn on September 25, 2015 in Danville, Pennsylvania. News that Amazon, Warren Buffett and JPMorgan Chase & Co. have picked noted surgeon, speaker and writer Dr. Atul Gawande to run their healthcare venture has the business community wondering what his solutions will be to fix healthcare.
Well-regarded surgeon and author Atul Gawande, a critic of his industry's medical practices, has been tapped to lead the healthcare company Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co hope will slash costs. Amazon, Berkshire and JPMorgan announced the venture in January, rattling shares of the healthcare supply chain, including CVS Health Corp and Express Scripts, among others.
Amazon, Berkshire Hathaway and JPMorgan have named surgeon and journalist Atul Gawande the CEO of their new healthcare company https://bloom.bg/2ysThJj #tictocnews (Source: Bloomberg)
Amazon.com, Inc. (NASDAQ: AMZN ), Berkshire Hathaway Inc. Class A (NYSE: BRK-A ) (NYSE: BRK-B ) and JPMorgan Chase & Co. (NYSE: JPM ) are making strides in their joint plan to transform U.S. health care. ...
The rally in General Electric (NYSE:GE) stock has proven to be short-lived. GE stock saw a nice bounce of about 20% from April lows, as investors began to bet that all but the worst was priced in. As I argued in a detailed piece last month, I still think GE stock is worth roughly $9-11 per share, or 20-35% below current levels.