-
Affordable Care Act Weighs On Insurers
Wednesday, January 20, 2016 - 4:45pm | 439The Affordable Care Act has faced a tough road since its inception in 2010. Republicans have vehemently opposed the bill ever since President Barack Obama proposed it and over time the argument against the new system has continued. Now, insurers are beginning to push back against the healthcare...
-
Walgreens-Rite Aid Buyout Will 'Hopefully' Put Downward Pressure On Drug Prices
Wednesday, October 28, 2015 - 12:29pm | 512Two of the nation's largest drugstore companies are coming together. Walgreens Boots Alliance Inc (NASDAQ: WBA) on Tuesday agreed to purchase Rite Aid Corporation (NYSE: RAD) for a little over $9 billion, or about $9 per share in cash. Rite Aid shares soared 40 percent when The Wall Street...
-
Deutsche Bank: 'April Showers Brought May Flowers. Watch Out For June Thunderstorms'
Monday, June 1, 2015 - 11:01am | 350In a report published Monday, Deutsche Bank strategist David Bianco offered investors 10 key themes heading into the summer months. "S&P reached a new high of 2130 last Thursday on an 18 trailing PE, the highest since 2010 despite anemic EPS growth expected this year," Bianco wrote. "Both EPS...
-
It's About To Be A Busy Week On Capitol Hill
Monday, February 23, 2015 - 2:11pm | 1206There are tax information troubles for ACA enrollees. When it comes to the Affordable Care Act and filing taxes, "sorting through all the necessary paperwork is hard to do, even for those of us whose day jobs are in tax policy," writes TPC's Ellen Steele, a tax-preparing volunteer...
-
Morgan Stanley: Barrick Gold Must Cut Debt Before Executing Its 'Back To The Future' Plan
Monday, February 23, 2015 - 1:40pm | 254In a report published Sunday, Morgan Stanley analyst Brad Humphrey commented that Barrick Gold Corporation's (NYSE: ABX) $3 billion debt reduction plan was "ambitious" when first introduced in late 2014, but accomplishing it by the year-end deadline will require "significantly...
-
5 Health Care Stocks Hurting From The Affordable Care Act
Tuesday, November 4, 2014 - 9:46pm | 716Many of the Affordable Care Act (ACA) measures were implemented at the beginning of 2014. As anticipated, these measures affected the heath care sector. Below are five of the least prosperous health care stocks since January 2014: Align Technology, Inc. (NASDAQ: ALGN) Bio-Rad...
-
Meet The 5 Companies Loving Obamacare
Tuesday, November 4, 2014 - 9:04pm | 857The Affordable Care Act (ACA) implemented many measures at the beginning of 2014. Amid these changes, stocks responded accordingly. Here are the best performers among leading U.S. health care stocks since January 2014: Akorn, Inc. (NASDAQ: AKRX) Edwards Lifesciences Corp (NYSE: EW)...
-
Will The IRS Be Able To Enforce The Obamacare Mandate?
Monday, April 7, 2014 - 10:16am | 511Officially, Internal Revenue Service Commissioner John Koskinen said the organization was able and willing to enforce the insurance mandate under the Patient Protection and Affordable Care Act, but needs additional funding to better meet its obligations. The likelihood of that additional funding...
-
Commander-In-Chief Or Comedian-In-Chief?
Wednesday, March 12, 2014 - 11:29am | 665Whether they are for him or against him, many people admitted that President Obama’s pitch on behalf of the Affordable Care Act on popular Internet show Between Two Ferns with comedian Zach Galifianakis was entertaining. In his latest light-hearted public appearance, Obama traded jabs...
-
Another Obamacare Delay For Businesses, But Not For Individuals
Tuesday, February 11, 2014 - 1:22pm | 464The White House on Monday announced it would give mid-sized employers more time to determine how to comply with the so-called “employer mandate” in the Affordable Care Act. Republicans immediately drew attention to the fact that, despite the fact employers are catching a break, individual...
-
Kaiser Study Reveals The True Cost Of Obamacare
Tuesday, September 10, 2013 - 10:40am | 897In less than a month, insurance marketplaces open and shortly after that the Affordable Care Act, aka Obamacare, will begin to hit actual American pocketbooks. The good news, according to a study by the Kaiser Family Foundation is that the pain will probably be less than you think. Whether...