(Reuters) -Homecare services provider Option Care Health Inc said on Wednesday it is acquiring Amedisys Inc in an all-stock deal valued at $3.6 billion, including debt. The deal will enable Option Care, an infusion service provider at home or alternate sites, to expand its services. Option Care valued Amedisys at $97.38 per share, a nearly…
(Corrects firm name to RBC Wealth Management from RBC Portfolio Advisory Group in paragraph 5) By Sinéad Carew NEW YORK (Reuters) – MSCI’s gauge of stock markets around the world was advancing but trading was choppy on Wednesday while U.S. Treasury yields and the U.S. dollar steepened declines after the U.S. Federal Reserve raised interest…
By Bernardo Caram BRASILIA (Reuters) – Argentina has offered to fast-track imports from Brazil if its neighbor adopts a new credit system that reduces its dependence on the dollar, which it has in short supply, officials in both governments told Reuters. The proposal would cut the processing and payment time for Brazilian products to 30…
(Reuters) – British investment management firm Baillie Gifford will invest $180 million in electric aircraft maker Joby Aviation, they said on Wednesday. This comes days after Joby clinched a $55 million contract extension to deliver up to nine air taxis to the U.S. Air Force, marking the company’s first revenue-generating operations. Unlike other electric vertical…
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after the Federal Reserve raised interest rates by a quarter of a percentage point and signaled it may pause further increases. In an overt shift, the central bank no longer said it “anticipates” further rates will be needed, only that it will watch…
By Tim Hepher PARIS (Reuters) – Airbus posted a smaller than expected fall in first quarter core earnings as a strong performance at its helicopters segment helped offset the hit from fewer airplane deliveries and negative currency effects. The world’s largest planemaker reaffirmed production and financial targets, but said the introduction of a freighter version…
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Hollywood writers have for decades penned sci-fi scripts featuring machines taking over the world. Now, they are fighting to make sure robots do not take their jobs. The Writers Guild of America is seeking to restrict the use of artificial intelligence in writing film and television…
By David Lawder WASHINGTON (Reuters) -The U.S. Federal Reserve is unlikely to be able to protect the U.S. economy from the damage caused by a failure to raise the federal debt ceiling, Fed Chair Jerome Powell said on Wednesday, adding that the government should never be in a position where it is unable to pay…
By Laura Matthews and Saqib Iqbal Ahmed NEW YORK (Reuters) – The cost of insuring against further losses in regional U.S. bank stocks stood near a one-month high in options markets on Wednesday, even as shares of lenders saw a reprieve from their recent sell-off. The 30-day implied volatility on the SPDR S&P Regional Banking…
NEW YORK (Reuters) – U.S. interest rate futures on Wednesday have priced in a pause in Federal Reserve tightening at the June and July policy meetings, according to the CME’s FedWatch tool, after the U.S. central bank raised interest rates by 25 basis points and signaled it may hold off on further increases. The Fed’s…
