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The Cigna Group (CI-NYSE, $262.87) Contemplates Blowing the Last Three Years of Progress on a Highly Dilutive Acquisition of Humana Inc. (HUM-NYSE, $482.41).

Cigna Group and Humana Inc. shares both fell sharply today on a leaked rumor of a potential combination. Shareholders of Cigna and Humana were both flummoxed by the simultaneous decline; typically a takeover candidate rises in price on merger news,

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Cigna Group (CI-NYSE, $310.61) is Less Than one Quarter Away From Commencement of the Centene PBM Contract Start.

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. Cigna’s newest PBM contract win

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Everyone has a Plan Until They get Punched in the Mouth.

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

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Wage Inflation may Force Central Bankers to Produce a Harder Recession than Most Currently Model into Investment Forecasts.

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

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Gnostic Capital Portfolio Return for the Fiscal Quarter Ended 09/29/23.

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

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