Nasdaq at 5,120. S p 5002,087 and the russell down almost a full percent. But we begin now with the big deal in health insurance. It is official. An them agreeing to buy cigna for 188 per share in cash and stock. An enterprised are value of 54 billion. Straight to bertha coombs. Combined anthem and sigma would unseat United Health to become the largest u. S. Health insurer with 150 billion in annual revenues. More than 50 million members covering nearly 1 in 5 americans. Anthems ceo joseph swedish aide mitts put admits putting the two big firms together will be challenging but with that scale they can generate operating savings and make them more affordable. It will improper our ability to serve customers across commercial medicaid medicare and International Markets and create greater efficiencies and afford ability for our customers. But the anthem deal taken with aetnas proposed merger with humana would result in the big five insurers becoming the big three. One antitrust lawyer tell
Realestate equities is the largest leading developer on collaborative science and technology campuses. The innovation we have campuses all over the country in cambridge and as soon francisco seven francisco. There was little commercial lifeline now in the year city now were part of the system in the past few months over half a dozen Space Science companies have been started. It is amazing how far we have in such a short time. The only the the Laboratory Buildings rebuilt collaborative life science ecosystems to the thought leadership programming like this one tonight. With a Lifetime Community issues that have the potential to a accelerate life jiji treatments for those who need them the most. The chairman for realist Tudor Alexander equities but as a way to bring together the stakeholders across the life science continue on to address the most Critical Issues of Research Development and Global Health we had eight segments including one last year you very dedicated to neuroscience that
Specific and healthly swayed by Public Policy. I think that the things you could do is try things like requiring disclosure for plans negotiated here and set up a disclosure for city and county employees. Things like that, i think youll have a much better thank you very much professor. I appreciate you being here for all your hard work. And best of luck in the next few months. Im going to go pass out now. Okay. Up next is professor raps. Want to invite ann mccloud up who is the president of the hospital. Thank you for being here. Good afternoon and thank you for having me today. As Senior Vice President for hospital, cha represents more than 450 hospitals throughout the entire state of california. Were happy to be here today and we applaud your efforts with the goal of reducing Health Care Cost. I they we striving for that i think we striving for that and your folks said, achieving that aim. Were supportive of that. I want to say that i hope my comments today arent perceived as not bei
And cointreau sinks to the bottom. Put a stop to the market rally state side. Google and ibm disappoint with earnings after the bell. Future equities lower following three days of gains. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello and a warm welcome to todays edition of Worldwide Exchange. The final one before the easter break. You can see here, stocks higher on the Dow Jones Stock 600, round about 64 advancers outpace decliners. Lets tell you what is coming up on the program. Well look forward to the easter weekend. Well crack the mystery of one easter egg worth more than 30 million. No yolk. Make sure you stay tuned for that. And weibo, well ask why investors are shying away. Today also is a special day, our 25th birthday here at cnbc. We take you back to april 1989 throughout todays show. 25 years, folks, of the good stuff. So here we are, stocks fixer despite that futures were suggesting we might open down in the states. This morning,
Most benefit from the program, and says the va welcomes the opportunity to work with this committee to craft appropriate language so those who are not Service Connected can have access to those rehab treatment facilities. One thing ive ran into with several of the members, speaking with them, is the word, the pay for a or the pay go. Well, va travel budget continues to increase every year. And they ask, where are we going to get this 3 million . Well, in 2013, the va collected 2. 931 bill through the medical care collection fund. Theres money they collected. And i sat last night listening to last nights hearing. 1. 1 billion returned two years ago 1, billion last night, and half billion returned just this year. If theres that much money that can be turned back in from the va to congress, well, theres our 3 million to send these nonService Connected veterans to send them to the rehab they dearly deserve. So there is no pay for or pay go. The money is there. It was clearly stated last ni