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Thursday, October 26, 2017
CVS makes bid for Aetna: source
(Reuters) - U.S pharmacy operator CVS Health Corp has made an offer to acquire U.S. health insurer Aetna Inc for more than $200 per share, a person familiar with the matter said on Thursday.
AIG to include cyber coverage to commercial casualty insurance
NEW YORK (Reuters) - American International Group Inc said it would include cyber coverage to its commercial casualty insurance beginning in January, a move that would boost rates but make it clearer how customers are covered if they are the victim of a security breach.
Amazon beats on profit after Prime Day sales surge
(Reuters) - Amazon.com Inc sales jumped 34 percent in the third quarter and profit topped analysts' estimates as Prime Day sales boosted its retail business and demand remained strong for its popular cloud service for companies.
Alphabet revenue jumps 24 percent on mobile advertising growth
(Reuters) - Google parent Alphabet Inc reported a 24 percent jump in quarterly revenue on robust mobile advertising.
Microsoft's profit rises 16 percent
(Reuters) - Microsoft Corp reported a 16 percent rise in quarterly profit on Thursday as demand for its cloud computing services for companies rose and personal computer software business stabilized.
CVS Health in talks to buy health insurer Aetna: WSJ
(Reuters) - Drug retailer CVS Health Corp is in talks to buy health insurer Aetna Inc , the Wall Street Journal reported on Thursday, citing sources.
Amazon gains wholesale pharmacy licenses in many U.S. states: report
(Reuters) - Amazon.com Inc has gained approval from a number of state pharmaceutical boards to become a wholesale distributor, St. Louis Post-Dispatch reported on Thursday, citing public records.
CEOs suggest Trump tax cut may lift investors more than jobs
WASHINGTON (Reuters) - U.S. President Donald Trump is selling tax reform to Americans on the promise it will create extra income for companies to invest in their businesses and create jobs. Some of the biggest companies have very different plans.
Euro drops after ECB trims stimulus; Treasury yields higher
NEW YORK (Reuters) - The euro fell against the U.S. dollar on Thursday after the European Central Bank began weaning the euro zone off loose monetary policy, while U.S. Treasury yields rebounded when the U.S. House passed a budget plan that paves a path for tax cuts.
Twitter says it could turn first-ever profit, shares surge
(Reuters) - Twitter Inc said on Thursday it may become profitable for the first time next quarter after slashing expenses over the past year and ramping up deals to sell its data to other companies, which could help to break its reliance on advertising for revenue.
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