Cigna declines while Humana rises following report of revived merger discussions
Cigna (NYSE: CI) saw its shares decline in premarket trading on Monday following reports that the U.S. insurer is looking to restart merger efforts with smaller competitor Humana (NYSE: HUM), after previously abandoning the pursuit last year.
Is the S&P 500 Rally Sustainable? Insights from Deutsche Bank
The recent upswing in the S&P 500 has sparked speculation about its potential for further growth. In a note released Monday, Deutsche Bank analysts warned that despite the rally's impressive nature, it encounters significant challenges ahead.
JPMorgan reports substantial downgrades in Q3 earnings
Third-quarter earnings downgrades have been substantial across major regions, with ongoing reductions noted in both the U.S. and Eurozone, according to JPMorgan strategists.