Cigna reported a strong earnings result for Q3. The commercially focused health insurer and second largest PBM (pharmacy benefit manager) in the United States produced a Q3 fiscal result ahead of Wall Street expectations. https://www.prnewswire.com/news-releases/the-cigna-group-reports-strong-third-quarter-2023-results-raises-2023-adjusted-eps-revenue-and-cash-flow-outlook-301975561.html Cigna’s newest PBM contract win…

Todos tenemos un plan (Everyone has a plan) (Viggo Mortensen) Everyone has a plan until they get punched in the mouth (Mike Tyson) No plan survives contact with the enemy (Field Marshall Helmut von Moltke) The Mexican government announced a…

Reports that Waffle House employees demand a starting wage of $25 per hour bodes ill for the US economic fight against inflation. A number of Waffle House Restaurants staff, negotiating under the Union of Southern Service Workers, have gone on…

The fiscal quarter was all red ink for the major indices. The S&P 500 declined by 3.6%, the DJIA fell by 2.6% and the NASDAQ Composite Index declined by 4.1% for the third quarter of 2023. The Gnostic Portfolio was…

The 100 + acre Southern Pines retail development is preparing to add BJs Wholesale Club to the list of prospective tenants. https://www.bizjournals.com/triangle/news/2023/09/13/bjs-wholesale-starbucks-morganton-park-south.html When completed, BJ’s Wholesale will report more locations in North Carolina than does Costco. Of perhaps greater competitive…