Tag: Buyback
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WSJ News Exclusive | Cigna Calls Off Humana Pursuit, Plans Big Stock Buyback
Updated Dec. 10, 2023 12:38 pm ET Cigna abandoned its pursuit of a tie-up with Humana that would have created a roughly $140 billion giant in the health-insurance industry. The companies couldn’t come to agreement on price and other financial terms, according to people familiar with the matter. In the near term, Cigna is turning…
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JOYY: Below-Expectations Guidance And Buyback Plan Renewal Are Key Considerations (YY)
agrobacter Elevator Pitch I continue to award a Hold rating to JOYY (NASDAQ:YY). In my prior September 29, 2023 update, I assessed YY’s cash pile, shareholder capital return, and financial outlook. The focus of this latest article is JOYY’s new quarterly top line guidance and the company’s decision to extend the expiry date of its…