Connect with us

Newsletters

The Capitalist Newsletter – April 19, 2017

Published

on

CARDINAL HEALTH TO ACQUIRE MEDTRONIC SUPPLY BIZ FOR $6 BILLION; STRETCHED TOO THIN?


With the ongoing uncertainty surrounding healthcare reform, it’s no surprise that U.S. drug distributor Cardinal Health is looking to expand operations and protect itself against any change (or lack thereof) to Obamacare. What is surprising though, is the money which Cardinal Health announced Monday that the company is paying to acquire some of Medtronic’s operations — a whopping $6.1 billion. Is Cardinal Health stretched too thin? Or will Medtronic’s patient operations bring big dividends for traders?

Read The Capitalist’s Take Here

Read More at MarketWatch

Read More at Reuters


FACEBOOK’S ZUCKERBERG SAYS COMPANY’S FUTURE IS IN AUGMENTED REALITY

Mark Zuckerberg is sitting ramrod straight on the edge of a gray couch, sketching a vision of what Facebook will soon be like for its nearly 2 billion users. A blank wall turns into a 3-D art display with an animated, infinite rainbow waterfall — just by holding up a smartphone and viewing it through the camera.That future is now. This…

Read More at USA Today Here

Read More at NY Times Here

Read More at Daily Mail Here



TRUMP SIGNS “BUY AMERICAN, HIRE AMERICAN” EXECUTIVE ORDER

President Donald Trump signed an executive order Tuesday directing federal agencies to implement the “Buy American, Hire American” rhetoric of his campaign. “The buy and hire American order I’m about to sign will protect workers and students like you,” Trump told a crowd of technical students and manufacturing employees at the headquarters of Snap-On Tools, a Wisconsin-based manufacturer. “It’s America first, you better believe it. It’s time. It’s time, right?”

Read More at CNN Here

Read More at Washington Post Here

Read More at The White House Here


Closing Bell

– Tuesday, April 18th

Markets Close DOWN as Investors Question Tax Reform Timeline

Big Insider Trades

– The Boston Beer Company, Inc. (SAM) Chairman James Koch Sells $1m

– Wells Fargo & Co. (WFC) CEO Timothy Sloan Buys $2m

Winners & Losers

– GNC Holdings, Inc. (GNC) Soars UP (24.72%) on Earnings Beat

– Power Solutions International, Inc. (PSIX) Tumbles DOWN (31.18%) After Company Announces Release of Nasdaq Delisting Notice

Most Talked About

Goldman Sachs Group, Inc. (GS) Considered a Majority Strong Sell After Rare Weak Trading Day Sees Shares Hit Lowest Intraday Trading Price Since November

The TIP Sheets

– Tuesday, April 18th

– Kate Spade & Co. (KATE) Slides DOWN (6.39%) After Earnings Miss. The Report Should Prompt KATE to Accept Buyout From Rival Designer Coach. Expect Shares to Bounce Back UP

Unusual Volume

Interpace Diagnostics Group, Inc. (IDXG) Jumps UP (28.37%) 57m Shares Traded After UnitedHealth Agrees to Cover IDXG’s Test for Use in Biopsies. Expect Shares to Continue UP

Click to comment

Leave a Reply

Your email address will not be published.

Continue Reading

Subscribe To Our Newsletter:


Copyright © 2020 The Capitalist. his copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this page and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.

[email]
[email]