Thursday 21 April 2022

Reuters Business: Humana to sell majority stake in hospice business to CD&R for $2.8 billion

Humana to sell majority stake in hospice business to CD&R for $2.8 billion

Humana Inc said on Thursday it would sell a majority interest in its hospice business, Kindred at Home, for $2.8 billion to private investment firm Clayton, Dubilier & Rice.

Futures climb after strong results from Tesla

U.S. stock index futures rose on Thursday as heavyweight Tesla surged on strong results and United Airlines predicted a surprise profit in its current quarter, boosting shares of other carriers.

Who's who in the Generali drama

Shareholders in Assicurazioni Generali will vote on April 29 to name a new chief executive and board of directors at Europe's third-largest insurer.

Facing shareholder showdown, Generali CEO says can deliver on plan

Generali boss Philippe Donnet, facing a challenge to his leadership from rebel investors, is confident he can deliver on his plans for the Italian insurer and says he is not concerned about the outcome of what some investors see as a "soap opera".

AutoNation profit more than doubles on strong demand for used cars

No. 1 U.S. auto retailer AutoNation Inc said first-quarter profit more than doubled on Thursday, boosted by robust demand for used vehicles as consumer preference for personal transportation remained high despite surging vehicle prices.

Lukoil's Alekperov, supporter of Russia-OPEC ties, resigns

Vagit Alekperov, a former Soviet deputy oil minister and a supporter of close ties between Russia and OPEC, has resigned as president of Russia's second-largest oil producer Lukoil and from its board, the company said on Thursday.

Toshiba to solicit proposals on strategic alternatives, including privatisation

Toshiba Corp said on Thursday it has resolved to solicit proposals on strategic alternatives, including privatisation of the company.

Blackstone's first-quarter earnings surge 63%

Blackstone Inc said on Thursday its first-quarter distributable earnings jumped 63% as a strong performance from its real estate and credit businesses offset a weak showing from its hedge funds unit.

Rite Aid says it rejected Spear Point's buyout offer

Rite Aid Corp said on Thursday it had rejected a proposal from Spear Point Capital Management to acquire all of its shares.

EXCLUSIVE Mexico's Pemex under pressure to resume financial debt payments

Mexico's cash-strapped state oil firm Petroleos Mexicanos (Pemex) is under pressure to resume financial debt repayments despite promises from President Andres Manuel Lopez Obrador that his government would pay them until 2024.

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