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The Healthcare Transformation Alliance, led by former N.J. Congressman Rob Andrews, has saved its members at least $400 million in overall health care spending.
Based on Friday’s price action and the close at 97.530, the direction of the September U.S. Dollar Index on Monday is likely to be determined by trader reaction to the support cluster at 97.545 to 97.510.
The Canadian Dollar rose 0.15% against the U.S. Dollar. Gains were limited by a steep drop in crude oil prices. The Euro posted a 0.46% gain against the dollar, but due to its heavy weighting, it had the biggest influence on the index’s decline.
PayPal takes on India’s digital payments market as it looks to international markets for growth. India presents a $1.0 trillion opportunity for the company.
Starbucks (SBUX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
(Bloomberg) -- VMware Inc. agreed to purchase two software companies on Thursday, expanding its reach in development tools and cybersecurity.The Palo Alto, California-based company said the net cash payout for the two purchases will be $2.7 billion. It’s buying Pivotal Software Inc., which sells cloud software and services, for a blended share price of $11.71, representing an enterprise value of $2.7 billion. VMware also agreed to purchase Carbon Black Inc., a cybersecurity firm, for $26 a share, representing an enterprise value of $2.1 billion.VMware, which makes virtualization and networking tools and is majority-owned by Dell Technologies Inc., said the combined company will provide software to build, run, manage, connect and protect any app on the cloud or any device. Purchasing the two companies will accelerate VMware’s plan to deliver secure, multicloud application development.The two acquisitions “will meaningfully expand our ability to power our customer’s digital transformation,” said Pat Gelsinger, VMware’s chief executive officer.“These acquisitions address two critical technology priorities of all businesses today -- building modern, enterprise-grade applications and protecting enterprise workloads and clients,” he said.Pivotal CEO Rob Mee said, “Together, we will form an organization that combines Pivotal’s expertise modernizing organizations with VMware’s capabilities and experience operating at scale.”Once the deal for Waltham, Massachusetts-based Carbon Black is complete, VMware said it would be positioned to provide “highly differentiated, intrinsic security cloud” through big data, behavioral analytics and artificial intelligence.“We now have the opportunity to seamlessly integrate Carbon Black’s cloud native end point protection platform into all of VMware’s control points,” said Patrick Morley, Carbon Black’s CEO.Both transactions are expected to be completed in the second half of VMware’s fiscal year, which ends Jan. 31.JPMorgan Chase & Co. acted as financial adviser to VMware on the deals, with Morrison & Foerster LLP acting as legal adviser to VMware on the Carbon Black acquisition and Wilson Sonsini Goodrich & Rosati as legal counsel to VMware on the Pivotal purchase.(Corrects overall purchase price in headline, purchase values in story.)\--With assistance from Jim Silver.To contact the reporter on this story: William Turton in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Tom Giles at email@example.com, Andrew Martin, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Today, the Indian rupee currency rose in value as the country’s Finance Minister, declared government’s moves to boost the economy. Meantime, Fed Chair Powell said that the US stays in a safe place and the bank will act appropriately in the upcoming meetings.
Paypal (PYPL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
VMware's (VMW) second-quarter fiscal 2020 results benefit from strong top-line growth, driven by robust performance from NSX and vSAN product lines.
A number of new initiatives such as loyalty program, direct marketing, improved service, new website and launch of mobile app are aiding MoneyGram's (MGI) growth.
Today, long-awaited, crucial event for the future of the American Dollar – Jackson Hole Symposium. Speech from Jerome Powell to be precise. Today is the day, where we should find out the FED’s sentiment towards the USD and their outlook on the monetary policy.
Market attention might stay over Canadian June MoM Retail Sales figures. On the daily chart, ATR depicted 66 pips volatility forecast for the day.
A scheduled FED Chair Powell speech from the Jackson Hole symposium is the main event of the day. He may feel Trump over his shoulder…
AstraZeneca's (AZN) roxadustat gets a second marketing approval in China for treating anaemia caused by chronic kidney disease in non-dialysis-dependent patients.
Argus reiterated a BUY rating on Lowe's Companies Inc. (NYSE: LOW), while raising the target price to $122 from $120. On August 21, Lowe’s reported earnings of $2.15 per share, which topped our estimate of $2.03. The company saw positive comparable sales in 9 of 13 product categories, with above-average performance in paint, appliances, decor, tools and hardware, and outdoor living.
Investing.com – Investors are betting big on Boeing (NYSE:BA) for now, and the Dow Jones Industrial Average was the beneficiary on Thursday.