i think it's quite different, senator coombs. i'm actually glad to have the opportunity to discuss that. but i'm confident that i did not -- i was not required to recuse myself on the decision of whether or not to keep secretary -- director comey. >> mr. attorney general, if i might just conclude, in your letter on may 9, you say, i'm committed to the role of law at the department of justice. i'm concerned that we have a different understanding of the scope of your recusal and the relevancy of the e-mail investigation when that was the cited reason for the firing of the fbi director. >> i would just respond and say i'm very comfortable that i did not violate what i told this committee are proper rules in not recusing myself on the decision of mr. comey, because it was not based on the merits of the investigation, it was based on his performance publicly in regard to announcing a decision that was a decision he was not entitled to announce. >> senator tillis. >> thank you, mr. chair. attorney general sessions, thank you for being

back to you, melissa >> bertha, thank you, bertha coombs in the nysd >> i'll stay with the hmo trade,t's better than the hospitals trait right now. the tailwind of an aging demographic, an aging population is going to be much better than the headwinds of a failing obamacare. so unh, humana, aetna, those names. but if we look at the ones that are facing -- centene has had a great year i guess they factored in, they figured out how to navigate. i would stay in hmos >> you're in hmos. >> they're the best in breed, they should trade at premium and they do. they're expensive but these guys are on the right side of public perception in terms of the provider/payout conundrum. they're doing things to at least try to be on the same side as ultimately their customers, which is they're trying to drive down certain costs there's no place in here where i think where we are right now with the affordable care act or where there could be a new game changing plan, these guys are left out in the cold they're always going to be cream of the crop and receive the highest premiums >>> a deepening scandal i

>> if you have slightly lower prices, you might get garbage plans out there. >> reporter: bertha coombs, "nightly business repo new york. >>> to earnings, where the ball is rolling. two of the biggest banks reported their results, beating wall street estimates. but investors seemingly wanted more. jp morgan's earnings beat e on $26 billion revenue for the quarter. but the bank's fixed income fell. the concern with citi group was the company's credit costs which rose. both stocks fell. citi was down more than 3%. >>> lets turn to fred cannon for more analysis on both banks' earnings and what we can expect tomorrow from wells fargo and bank of america when they report their results. he is director of research at keith brewer and woods. thanks for being here, fred. >> good to be on, thanks. >> i know in general you were looking for the anemic economic background to impact earnings this time around. but both of those banks managed to beat it, mod he is modestly. >> a few folks were disappointed, stocks were sold off today. if you look across the board, numbers were solid at both companies.

bertha coombs, "nightly business report." >>> still ahead, get on board. would you fly in an electric plane? how about one without a pilot? the future of air travel is changing q. >>> one of the nation's largest health insurers will stop covering an opioid pin killer. significant in cigna has pledged to cut opioid use by 2019. >>> for years, fedex and ups have ruled the delivery business. amazon is trying to change that, building a hub for its own cargo airline. and there are now reports that the company is even venturing into the ocean freight business. now it's reportedly testing a new program that can more quickly deliver an additional number of items sold on amazon's website. morgan brennan has more on amazon's latest push into the territory of fed >> reporter: amazon is diving deeper into the delivery business. the e-commerce giant is reportedly testing a new service in the u.s. that would target independent sellers that participate in amazon's prime two-day shipping program. amazon would manage package delivery, bypassing their own system of warehous

but as bertha coombs reports, the plans are not without risks and gaps. >> reporter: john conley has friends who benefitted from those plans. he says he earns too much to get a subsidy and not enough to pay for premiums which have tripled from 190 to $670 a month. >> it became too expensive for me to afford. it made us have to get creative in the way we approached buying health insurance. >> reporter: online broker e-health says it's a problem for many of their off-exchange customers. next month it's launching limited coverage plans in partnership with two private insurers, targeted as consumers looking for cheaper coverage. >> it's a combination of short term insurance, gap insurance, fixed indemnity. >> reporter: e-health will streamline the billing and filing of claims. >> one place to manage all their benefits. we're trying to do the work for our customer. >> reporter: president trump's executive order this month could pave the way for more of these short term limited coverage plans in the off-exchange market. under the aca, they're intended for people to use between jobs or outs

as bertha coombs explains, that leaves a lot >> reporter: president trump says he's cutting off what he calls subsidies to health insurers. >> that money is going to insurance companies to lift up their stock price. and that's knonot what i'm abou. take a look who those insurance companies support. i guarantee you one thing, it's not donald trump. >> reporter: those csr payments or cost sharing reduction subsidies are used by insurance companies to lower out of pocket costs for 6 million people on affordable carpresident's move much difference for them. >> insurers will still have to pay for those subsidies themselves, they're required to by law. >> reporter: without action by congress, exchange insurers could have to absorb subsidy lawsuits in the fourth quarter, which analysts say will hurt smaller regional carriers the most. for 2018, with open enrollment set to start november 1st, most carriers have already priced in large premium increases to account for the loss of csrs. those higher prices will actually cost the government more than the subsidies themselves. >> the effect of t

tonight, bertha coombs outlines why each company might want to see the deal get done and what it could mean for you. >> reporter: most of us know cvs as the drugstore on the corner. it's more than that. the firm also negotiates drug prices and manages drug benefits for big insurers like aetna. now cvs wants to merge with its partner, believing to it they can offer better value to large employers and their workers. >> what's important in this industry is figuring out how we're going to influence people to get the right care, to not have too many medical tests that drive up costs, to go to the right venue, which is the lowest cost venue. >> reporter: together, they would be a formidable rival to unitedhealth group which is beating the competition by packaging data services to help firms drive down health costs with all in one pharmacy benefits. and it has outpatient surgery groups that are cheaper than hospitals. cvs and aetna would have a lot of the same pieces and something more. >> one key asset that cvs has that no other company in the supply chain has is its retail pharmacy. that's

. -- segun testigos, los ladrones ingresaron a "cvs" de la calle coombs, exigieron medicinas que solonden con receta medica y huyeron del lugar. -- ahora la policia investiga si estos sujetos tambien robaron otra farmacia el pasado miercoles. ---de seguro que muchos de los damnificados por estos incendios son de origen mexicano... y quizas habran perdido algun documento oficial... ---hay forma que usted pueda recuperarlo y para eso hablamos con la encargada de prensa del consulado de mexico en san francisco... ---stephanie knapp. ---residentes afectados por incendios que perdieron sus documentos, como los podrían reemplazar? ---mexicanos que quedaron sin viviendas, que tipo de ayuda les pueden ofrecer? ---donde puede la gente llamar si es que necesitan obtener sus documentos? tienen que hacer cita? ---tendrán un consulado móvil en santa rosa para asistir a la comunidad afectada? ---continan las preguntas de nuestros televidentes que han sido afectados por los mortales incendios en el norte de la bahia ---y telemundo 48 responde. --- pasamos con "arlen fernndez" con la informacin. a ra

joining me now, chris coombs who serves on judiciary. what is the defense of raqqa? >> andrea, this is the fall of the capital. isis still has some control over territory in the euphrates valley. it is not the end of a grinding war in syria. but it is a big step forward. the u.s.-backed forces have fought bravely and fought very hard first to retake mosul and now to retake raqqa in iraq and syria. i think we should all take some encouragement by the fact that the deadliest of nations is losing ground rapidly. >> losing ground but still have enough clout around the world. we saw what happened in niger. we see the tentacles of isis hooking up with other terrorist groups as well. >> that's right. i'm very concerned about isis affiliates in western africa and other places around the world. i think we have a lot a hard work to do in the months and years ahead to make sure that we defeat isis once and for all. >> you were in philadelphia, i believe, for the medal ceremony for john mccain. your former colleague from delaware, joe biden, the former vice president. tell us a

and bertha coombs following express scripts. we'll have all the results as soon as they are out but first let's talk about this market joining us, cnbc's senior markets commentator mark santoli. mark spellman here from alpine funds as well. it was really the industrial names boosting the dow to new record closing highs leading the dow today, 3m and caterpillar. the ladders there, ibm and ge. if you go through some of these industrial earnings, north america was a bright spot, certainly for construction in those caterpillar results. china was another big theme. and europe as well >> there really wasn't a weak region around the world, and i do think that that's been part of the story that's accompanied this stock market rally most of the year this idea of a very broad-based global expansion and i do think these numbers ratify that. and i do think it really stole a lot of the intention i don't want to downplay that this market has obviously been very strong, but there's a little bit of dow blindness that's possible here basically,

good morning from out of graham say stuff to stay straight ahead to coombe eagerly sanctuary which ison the up. so. it's quite a monetary. so we made it to come on forty now we're not going to find some street cred here is where i would it's like greedy artists like forty degrees or something like that. but. it's nice to scrunch you and it's made out of coconut but it doesn't necessarily taste like a crazy. bicycle when i was like getting a pancake. but this is real i can see what smells like lemon rock. it's a bunch of really. good morning from drinking molly we're about to. go on a boat to see dolphins and whales and then we go to pigeon island to snorkel and to see reef sharks and turtles fish. i guess i thought paradise and paradise is called it should not it would be nice but across here makes it better she. said taking one last good look at air force one luther studied and became a monk this is where his world changing career as a man of the church began. it's truly incredible to see what a single person can achieve in their lifetime if you want to find out even more about this

peter coombs said this bird was brought to him, found, they nurtured him, then -- >> it wouldn't move out, millennials. >> it flew free, but likes to come back for, you know, food, snacks, company, and this, some cuddles. >> that's cute. it really is snuggling up in his hand. that's adorable. >> little closed eyes. >> right there, right there. keep scratching. keep going. >> adorable. >>> hey, this party is lit. and it just goes to show that you're never too old to cut a little rug, because these ladies are ages 55 to 70, and here they are in their traditional russian head scarves having a good old time. the crowd is moving about and clapping and they are enjoying the show. >> i wanted it to be something by kanye or something. >> i did so bad. >> could always dub it. >> well, here's the thing. everybody in the crowd's having a good time, and while you might want to redub the video, you don't want to copy these women. have any idea where they are at? >> a convent? >> i was wondering when it panned around, like a bunch of training nuns. >> no, no, no. this ain't a church. we're in priso

but tells me she's ashamed for what her daughter did for coombe but it's better to be married early rather than to deal with the shame of an accidental pregnancy. ritual little and i don't regret it i manage safety by marrying her off. but the pain of losing her daughter is evident. of course i miss my daughter she says i want her back. and they misses her too but she's not ready to return home. if she gives birth to a girl she'll call her after her mother she promises to guide her and help her choose the right husband if it's a boy he'll be free to choose whoever he wants to marry. for and day life for girls is harder and unforgiving. nicholas hawke al-jazeera good to ice and a go. iraq's prime minister has rebuffed to demand by the u.s. secretary of state rex tillerson the iranian backed fighters quote to go home a body says the popular mobilization of forces which have helped baghdad defeat i still consists solely of iraqi nationals who are fighting to defend the country to us and made the comments on sunday off to holding talks with a body and saudi leaders in riyadh well iran's foreig

. >> bertha coombs is here to see why the stock price is falling now given what he's chosen to do. >>eing insurance prices under pressure today that move by the president could mean that some could potentially face losses on those subsidies being cut in the fourth quarter. insurers like centene with over a million enrollees on exchange and others will have to continue paying the lower out of pocket costs for low-inle cocome enrols most priced in the uncertainty of that being cut into rates for 2018 which is why you're seeing an extra 20% increase in many cases in and a lot of premiums for next year. but while insurers have effectively mitigated some of the obamacare uncertainty, hospitals face more of a long-term hit. with cumulative impact of the trump administration's moves to scale back obamacare the expectation now is that with the cuts we've seen for outreach and advertising, coupled with higher premiums, that you're going to see lower enrollment next year, fewer people coverage and that's going to be bad for hospitals. open enrollment is just stlee weeks away, guys, and will be

tells me she's ashamed for what her daughter did for coombe but it's better to be married early rather than to deal with the shame of an accidental pregnancy little ritual and i don't regret it i manage safety by marrying her off. but the pain of losing her daughter is evident. of course i miss my daughter she says i want her back. and they misses her too but she's not ready to return home if she gives birth to a girl she'll call her goombah after her mother she promises to guide her and help her choose the right husband if it's a boy he'll be free to choose whoever he wants to marry for and day life for girls is harder and unforgiving. nicholas hawke al-jazeera get to i cynical. protesters are demanding the resignation of malta police chief after the killing of a journalist who exposed allegations of corruption. they've been demonstrating outside the police headquarters in the capital letter. was killed by a bomb in her car last week earlier thousands of people marched to demand justice. the leaders of italy's two wealthiest regions say they've won a vote for more autonomy from the ce

tells me she's ashamed for what her daughter did for coombe but it's better to be married early rather than to deal with the shame of an accidental pregnancy. and i don't regret it i manage safety by marrying her off. but the pain of losing her daughter is evident. of course i miss my daughter she says i want her back. and they misses her too but she's not ready to return home if she gives birth to a girl she'll call her after her mother she promises to guide her and help her choose the right husband if it's a boy he'll be free to choose whoever he wants to marry. for and day life for girls is harder and unforgiving. nicholas hawk al jazeera good to i cynical. since march of this year iranian police have seized more than four hundred tons of illegal drugs according to the u.n. most of the while seizures of i.p.m. and of course made in iran but the reports people there are still able to feed their addiction in the foothills outside to her son there is a rehabilitation camp for drug addicts that's where we met his son he's been using crystal meth on and off for six years one of two point

into the organization after years of requests from parents but the one group that is not singing coombe strong relationship and partition and the boy scouts of america didn't discuss this with us to say we are having problems with our membership. this is a direct response to boost their declining membership. other people are calling this the latest crack at political correctness. donald trump junior took to twitter saying strange, i thought that was what the girl scouts were 4. another tweet by matt says boy scouts competing with the nfl for the stupid award and they can't even blame concussions. the big question despite this change the organization has no plan of changing their name. they will still be called the boy scouts. >> who was right on the reason? the girl scouts with the reason that it is for money or the boy scouts -- >> the next one is causing international outrage. a christian group was banned from attending the event for freshman students at oxford university. here's a statement from the event organizer. he says we recognize the advantages in having christian union repres

. >> let's get over to the nasdaq and bertha coombs. >> good morning, david, the nasdaq hitting anotherd high this morning and now on pace for its tenth straight session to the upside. it's been fairly broad rally when you look sectorwise certainly since the beginning of the month, biotech chip have been up 10% but the big cap stocks you're talking about, to the fang names alphabet and facebook have been among the big contributors, both talking more about advertising with regard to the election and facebook infact saying there will be more human review of ads that have to do with politics and specific targeting of ethnic groups and things like that google and alphabet in addition getting permission in puerto rico to fly balloons to create more wireless service there. that island continuing to feel the effects of hurricane maria amazon, as you mentioned, contributed about 15% of the gains so far this quarter this month for the nasdaq it's still 8.5% below the all time high about $1,000 but amazon continues to be a four tier amazon merchants will likely charge sales tax starting november

bertha coombs is at the nasdaq and has more on this potential deal >> this is really about the pressurealth care field to be able to drive down costs. that's where the opportunity lies in the business while creating a seamless experience for the customer and the customer really is whoever is paying for insurance, whether that's your employer or the government, they want to see those costs driven down. sources tell cnbc terms of the deal would have cvs paying about $200 a share for aetna at $66 billion, a record health care bill. twice as much as aetna's own failed bid to acquire humana cvs is a retail pharmacy, but a big part of their business is in pharmacy benefits. they're number two in that business they buy the drugs and manage the costs for insurers aetna is its biggest customer right now. merging would allow cvs to be a formidable health care player. >> they're much more than just a pbm. so they're leveraging, you know, in this case, they can leverage the minute clinics they've got they can rev leverage the dwiption, the retail capabilities >> and that would be one of the things

so joining is us now is democratic senator chris coombs of delaware.congressional panels investigating of course russia's election meddling. senator, as always, thank you for joining us. >> thank you, chris. good to be on with you again. >> so, would you like to squash this expectation that because there are sealed documents we could see action as soon as today? >> no, chris. i don't know who has been indicted. i don't know when special counsel mueller might act on it, might execute indictments if they have been handed down. that's appropriate. they should remain sealed. we'll just have to wait for developments later today or this week. typically in a large complex federal criminal investigation or an ongoing investigation that is into a range of sensitive matters such as the one robert mueller is leading, they begin at the bottom and work their way up. they will go for indictments more quickly against junior leaders to coerce more senior figures to cooperate with them in order to move an investigation ford forward. compared to your typical large inves

cvs is in talks to buy aetna for $66 billion, making it the biggest healthcare deal ever bertha coombs is here with more. what's behind this deal? this seems like the tail waging the dog, but the deal makes sense in an era where healthcare customers want seamless services that lower costs and provide better value service with a market cap of $7 billion looking to buy aetna this morning aetna has a market cap of $59 billion after it was reported they were talking for months this would value the deal at $66 billion, making this larger than anthem's failed $54 billion bid for cigna and aetna's bid for humana merging the two companies would put the firm on closer footing with united health for cvs, it strengthens its fight against amazon getting into the business. the merger would also complicate cvs's new five-year deal with anthem announced last week to support its pbm. >> you mention they could have been talking for quite awhile in thinking what the catalyst is for them to move forward with the deal, you mentioned amazon potentially entering the pharmacy space is that a catalyst also th

we continue to have information centers established at our napa main library located at 580 coombs street in napa. our branches in american kenyon and napville are also serving as communication centers. we will continue to have radio spots through our people standing here with me on kybn, that's 98.3, throughout the day. our public information line remains. 253-4501. at this time i would like to invite up congressman thompson to speak about individual fema assistance. >> thank you. as we reported before, fema has approved individual assistance for folks who have sustained damages in this disaster. i would urge people to go on line to that's the best way to get signed up, and there will be presence at the local assistance center in the out days, but right now please go on line and register. thank you. >> today, sunday, we will have people appearing on the fm station is 98.3. those are the two local stations we will be providing updates through. we will have two community meetings today. the first one will be in spanish at 1:00 p.m. at st. john catholic church at 960 kama street. we will be

bertha coombs, something on aetna. >> yes, big news today a lot of people looking at drugsto drugstores dow jones reporting that cvs, according to sources, cvs hoe v srs health, pbm and drugstore chain in talks to acquire aetna, the insurer. aetna shares are halted at this point. they surged ahead of that news we are reaching out to the parties to see what they have to say. this would certainly be a blockbuster very interesting kind of transaction. aetna as you know, of course, tried to acquire humana, that deal was blocked aetna looking to move its headquarters here to new york in the next year to try to become more of a new kind of health care company with more technology, more looking toward the future not just traditional health care so we are following this story, but certainly a very interesting headline, indeed, guys, these days, this month, has been all about m&a, very different kind of deals than we have been used to from those blockbuster deals announced a couple years ago. >> they just made their deal to sell their property and life insurance portfolio. aetna did. that's what

there's bob pisani on the floor of the new york stock exchange bertha coombs at the nasdaq market site which didn't exist in 1987, by the way. bob, you first, what's going on? >> this is a rather remarkable afternoon. i'm waiting for the dow to go positive two-die of the dow industrials, we were down more than 100 points this morning. i talked about this morning, one of the heads of the chinese central bank was talking about household debt rising, asset class bubble concerns, a communist party meeting going on so everything's sensitive, so the hang seng was down about 2%. look at this, right after the open we were down more than 100 points that's largely on what happened in china we've been turning around. a lot of stocks that have been down all day turned around some of the banks, jp morgan, for example, was down throughout the morning and slowly has been rising in the last -- this is a two-day chart. see it just went poz today some of the other ones, the industrial names have been rising throughout the morning. united technologies was $118 at one point this morning it's gone positive

i talked to cain brown and i was standing on the stage with luke coombs and dan, we were standing side stage together when all of this went down and everybody seems to be okay. for the folks that were out in the crowd that were there with open shot from where he was shooting from the mandalay. i mean, you couldn't tell where it was coming from, it was loud and nonstop and people were screaming and it was wild. >> that's the scariest part that you're in this situation. who would have ever suspected that it was somebody across the street from the hotel. they storm the entrance and come in and they are on the ground, so to not know where they are, where to go to get away from it is horrifying. heather: what did jason say to you since he was on stage? >> i mean, we -- he just text me to make sure we were okay. my buddy chris young and tyler reed, they were in a trailer behind the stage that had gotten hit with bullets and no matter where you went, it's a miracle that more people, unfortunately the folks that passed away, i can't fathom that but it's a miracle that more people were not inju

that bill nearly eliminates all coombs and communication with our law enforcement partners. it voids delegate authority of the 287 g program that orange county sheriff's had with it. it prohibits local law enforcement to contract with the federal dpoft to house detainees. sanctuary policies like these are shielding capitol hill aliens from enforcement by refusing to honor detainers or allow i.c.e. access to interview aliens in the jails. i'll give you an example. just two months ago in sew no ma county, california, a guy was arrested for flown domestic battery. i.c.e. filed a detainer but they released him on bail before i.c.e. could respond. two weeks later he murdered that girlfriend. had we been given enough time to take custody of him, most likely he'd be in guatemala. every criminal alien that gets released by a sanctuary city that refoends has committed a crime that is preventable. i'll say it again. sanctuary cities are releasing public safety threats back into the public. that doesn't make sense to me. even the immigrant communities don't want criminals in their comm

bertha coombs is joining us now on a deal that i think would be the biggest merger of the year if it happens. >> and biggest health care merger ever. and the idea behind this deal is to drive down costs in health care that is the holy grail and the way it works now is that large employers for example, they hire an insurer to handle medical benefits the insurer hires cvs or aetna to handle the drug business. they have worked together but now they are considering buying aetna. and the stocks are down because it would be a mega deal. it would help cvs defend against the potential threat of amazon launching a mail order pharmacy which is hard as standalone business the deal would leverage c vchvc strength to go head to head with united because united is beatings competition with its optum unit that offers an all-in one pharmacy benefit unit and has outpatient surgeries that are cheaper than hospitals people look at them side by side, together cvs and aetna would have a lot of those parts. on top of that, they would also have rhee real lieal life pharm store and also they have a bit of ov

. >> you know who knows a lot about this is bertha coombs and we'll go to her -- no, berth that is atloor hey, bertha. >> we'll get to health care in a minu minute let's start off with financials which have been one of the laggards this week bank of america, pnc, wells farg gorks all reporting this morning overall banks earnings have been solid thanks to stronger lending and higher interest rates and wells a big drag, that mixed quarter and all of the issues that jim has outlined. banks are up 6% over the last month but seeing profit taking today. take a look for the week financials are down 1% for the week dragged down by insurers in particular who are facing big losses between the hurricanes and fires in california. the hurricanes were actually a bright spot a silver lining when it came to retail sales, they rose sharply in september boosted by home improvement spending and higher gas prices even as we saw a fifth straight month of decline when it came to electronic sales we've seen retail softness overall this week. the worst performing sector out there down about 4% for the week,

. >>> over to bertha coombs for this quick market flash. what's going on?e been watching the retail pharmacy space, our chrissy farr at cnbc.com with a report saying that onamazon is going to make a decision sometime next month on whether it's going to go ahead and get into the pharmacy business it's weighing on rite aid, on cvs and the retail pharmacy folks because that would certainly sweigh on their cash market where people pay 4 bucks for generic. we're seeing a knock-on effect on the suppliers as well because amazon as you know is known for driving a hard bargain and driving prices lower back to you. >> wow bertha, thank you very much. >>> we got another market flash this time from meg tirrell, what now, meg >> hey, kelly, wooelooking at se of flexion therapeutics, up this afternoon on fda approval of the company's arthritis knee drug. digging into why they're giving back some of the gains they're getting the positive nod from the fda on their drug back to you, bill. >> wow, we've had so many companies that the have popped on these fda approvals this w

. >>> meanwhile the nasdaq hitting a fresh intraday record high as well bertha coombs is at the nasdaqt there in times square bertha >> reporter: that's right, bill. that's where i am. getting help from apple rebounding after the concerns yesterday. it saw a bit of a selloff on concerns that iphone 8 sales are slow and also helping to push up chip stocks. chip stocks also strong. even as you have apple snapping a three-week winning streak, chip stocks are up for the eighth straight week we got all-time highs on the back of strong earnings for maxim and lam research this week, nose are the tailwinds texas instruments up next week applied materials about $1 away from its all-time high from 2000 the faang names this week not really helping things out. they're actually for the most part down for the week some of the old tech names from 2000 that were the big winners, big winners at all-time highs today, paypal strong earnings back, tailwinds there, also for adobe as well as up 13% for the week one of the best performers here. and microsoft which is up next thursday, guys, which is earnings

yesterday's big gains despite the report cvs is in talks to buy the health insurance giant bertha coombst whether this potential merger could spark other deals. >> certainly going to be disruptive a couple years ago the deals were about insurers and drugstores want to get better. all of those deals were turned down on antitrust grounds. this deal would be about vertical integration, basically trying to bring together the medical benefits and the drug prescription benefits all under one roof to drive down costs something that united health already does, but this could really shake things up because just last week, anthem signed with cvs to try to bring its own pharmacy benefit unit to life starting in 2020 it's unclear whether anthem now is going to want to compete, or work with cvs, cvs is going to effectively be a competitor on the insurance side the other big insurers like cigna and humana, they're leerily of working with united health for that reason, would they be worried about working with cvs and aetna would that prove to be an a advantage for the one standalone firm, express scrip

berthing that coombs has been following the story after they raised their expected pricing.ha. >> they raised their price initially thought they would price somewhere in the range of $18 to $20 a share they boosted that and priced at $24 a share. we've already had about 1.25 million shares paired off. they are trying to get toabout a 1.5 million pared off before they open. two-minute warning they're watching as the shares are being paired off goldman sachs is the lead underwriter running the book they have a valuation of about $1.6 billion after having sold 8 million shares at $24 a share. this is a new york-based company. very excited to be going public here ten years almost to the day after it was founded this is a company that is b to b, and among the tech firms that have gone public this year, those are the ones that have done relatively well and a lot better in terms of the debut they don't necessarily get the biggest pop in the debut but in the after market, they are the ones that have been performing much better in terms of tech ipos so far this year. again, last nigh

be in the works cvs health reportedly in talks to acquire aetna for more than $200 a share birtha coombs with us. >> this one was a surprise, and yet, not really. the inyou are shooer spun off their captive -- and now there's much more interest in integrating pharmacy benefits with insuredservices the twist here is that the pdm, cvs with a market cap of $75 billion, would be reportedly the acquirer acquiring its largest customer, aetna, which now has a $59 billion market cap after the "wall street journal" reported the two have been talking about a deal that would value aetna at $200 a share. that would make the deal worth about $66 billion. aetna soaring to an all-time high on the news aetna -- that would be a record health care merger dwarfing anthem's failed $54 billion bid for cigna and aetna's own did deal for huma that would both project on anti-trust grounds. now, merging cvs's pdm and health care services with aetna's insurance and analytics, would put the combined firm on closerfooting with united health, which has all of those businesses for cvs, it would also defend against th