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Signify Health Inc

CVS to buy home health giant Signify Health for about $8 billion

A CVS logo is displayed at one of their stores near Bloomsburg.Paul Weaver | Lightrocket | Getty ImagesCVS Health has reached a deal to acquire in-home health-care company Signify Health for about $8 billion, the companies said Monday.CVS said it will pay $30.50 a share in cash for Signify, an acquisition that would build on its growing health-care services. Signify provides technology and analytics to help with in-home patient care."This acquisition will enhance our connection to consumers in the home and enables…

Where Amazon is heading in health after the Amazon Care failure

In this photo illustration, the Amazon Basic Care logo is displayed on a smartphone with an Amazon logo in the background.Thiago Prudêncio | SOPA Images | Lightrocket | Getty ImagesChalk up another failure in health care for Amazon, one of the ultimate market disruptors.First, its much-hyped effort with JPMorgan and Berkshire Hathaway to reform health care, Haven, ended its short life.Now, Amazon Care, its effort to tackle telemedicine and primary care for the employer market on a national basis – which Amazon itself…

Amazon is shutting down Amazon Care telehealth service

Amazon is shutting down its telehealth service, Amazon Care, marking a major retreat by the retail behemoth in its efforts to break into the health care space.Amazon will shutter the service after Dec. 31, Amazon Health Services lead Neil Lindsay announced Wednesday in a company email. The e-commerce giant decided to make the move after determining it wasn't "the right long-term solution for our enterprise customers," Lindsay wrote in the memo, which was previously reported by GeekWire."This decision wasn't made lightly…

4 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments: Stocks slide to start trading week Oil declines after our Coterra sale alert Constellation bucks the market Another Amazon health-care move? 1. Stocks slide to start trading week All three major U.S. stock benchmarks were solidly in the red Monday, led by the Nasdaq 's decline of more than 2%. Both the S & P 500 and Dow Jones Industrial Average were down by more than 1%.…

AMC, Signify Health, Netflix and more

Netflix is expanding its push into mobile gaming.Sopa Images | Lightrocket | Getty ImagesCheck out the companies making the biggest moves midday Monday:AMC — Shares of the theater chain dropped 38% as investors weighed the company's new preferred share class and news that rival Cineworld that it was considering bankruptcy. AMC's new APE units were trading at roughly $7.50 per share, offsetting the large losses for the common stock.Bed Bath & Beyond, GameStop — Other meme-stock favorites Bed Bath & Beyond and…

Bed Bath & Beyond, AMC and more

An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021.Carlo Allegri | ReutersCheck out the companies making headlines in midday trading.Bed Bath & Beyond, AMC — Shares surged 41% and 13% respectively as social media traders appeared to invest in the two meme stocks, even without an apparent catalyst.Signify Health — The stock jumped 13% following a Wall Street Journal report, citing people familiar with the matter, that…