Author: FC

Cigna CEO: We look forward to engaging with regulator, immediately

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Cigna CEO: Express Scripts deal drives choices for our customers

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Trump says he asked China to reduce trade deficit by $1 billion, but he really meant $100 billion

President Donald Trump appears to have understated just how much the U.S. asked Beijing to cut the trade deficit between the two countries — by $99 billion. The Trump administration has asked Beijing for a $100 billion reduction in the trade deficit, The Wall Street Journal reported Thursday, citing people familiar with the talks. U.S. officials reportedly made their request in a meeting with Chin...

Cigna CEO: The current marketplace is not sustainable

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Your first trade for Thursday, March 8

The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Yandex. Karen Finerman was a seller of Dollar Tree. David Seaburg was a buyer of Ethereum. Guy Adami was a buyer of Advanced Micro Devices. Trader disclosure: On March 7, 2018, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s “Fast Money̶...

Netflix CEO says the company will see $15 billion in revenue this year

Netflix posted $11.7 billion in revenue for 2017 and has not previously issued full-year revenue guidance for 2018.

Bitcoin falls for second day amid increased scrutiny on exchanges

Bitcoin traded lower, remaining below the psychologically key $10,000 level after news of increased regulatory scrutiny on cryptocurrency exchanges.

Bitcoin drops over increased scrutiny of exchanges, now down 16% from high this week

Bitcoin fell again Thursday, bringing its losses from a high reached earlier in the week to greater than 15 percent, after news of increased regulatory scrutiny on cryptocurrency exchanges. The cryptocurrency fell about 7 percent to $9,825 over the last 24 hours on Coinbase. It reached a high for the week of $11,624 on Monday. Bitcoin dropped below $10,000 Wednesday following news of compromised a...

Bitcoin drops over increased scrutiny of exchanges, now down 18% over 2 days

Bitcoin fell again Thursday, bringing its two-day losses to more than 18 percent, after news of increased regulatory scrutiny on cryptocurrency exchanges. The cryptocurrency has fallen about 18 percent to $9,245 since Tuesday morning, when it traded north of $11,000. The cryptocurrency suddenly dropped further in midday trading reaching a low of $9,086, according to CoinDesk. The sudden midday dro...

American Eagle Outfitters tops same-store estimates

American Eagle Outfitters‘ sales at established stores topped analysts’ estimates for the holiday shopping quarter, helped by robust demand for its Aerie line of lingerie. The company’s comparable sales rose 8 percent in the fourth quarter ended Feb. 3, beating analysts’ average estimate of a 7.34 percent rise, according to Thomson Reuters I/B/E/S. Net income rose to $93.96...

Stocks making the biggest moves premarket: CI, WYNN, XOM, AAPL, AMZN, JPM & more

Check out which companies are making headlines before the bell: Cigna — The U.S. health insurer announced plans to buy pharmacy benefit manager Express Scripts in a $67 billion cash-and-stock deal, which includes Cigna taking on about $15 billion in debt. Cigna would find a new partner in Express Scripts, after antitrust regulators last year denied a Cigna and Anthem combination as anti-competitiv...

ECB’s Draghi talks policy after the central bank drops its easing bias

[The stream is slated to start at 13:30 GMT. Please refresh the page if you do not see a player above at that time.] European Central Bank (ECB) President Mario Draghi is speaking at the institution’s headquarters in Frankfurt, Germany, following the Governing Council’s interest rate decision. Investors will be looking for clues as to the ending of the ECB’s massive bond-buying s...