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Aetna Paying $5.7B for Coventry Health Care

Aetna Inc. (NYSE:AET) will pay about $5.7 billion in cash and stock to buy Coventry Health Care Inc. (NYSE:CVH), a managed health care company with a big market share in Medicare- and Medicaid-related products.
Supreme Court of India

Showdown for Big Pharma in Supreme Court

The Supreme Court will hear final arguments starting this week in a landmark case over drug patents that could change the rules for the country's healthcare sector and potentially curb its global role as a supplier of cut-price generic medicines.
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1907 Puck magazine cover image uses a Humpty Dumpty reference to illustrate the state of financial capitalism. A wall of "Rotten Finance" formed by figures like John D. Rockefeller, J. Pierpont Morgan and Edward H. Harriman has failed to prop up

Portrayals Of Wall Street As Greedy, Selfish And Rotten - 100 Years Ago (Photos)

It may be surprising to many who believe that Wall Street and global finance are inherently malevolent that a century ago, the public had a very similar perception of financial services, a notion that was channeled by editorial cartoonists in hard-hitting illustrations in magazines like Puck and newspapers like the New York Herald. These cartoons would be as fitting today as they were in 1912.
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Facebook Plunges To Latest Record Low After Lockup Ends

Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell to a new record low of $19.01 in midday Friday trading, a day after insiders were allowed to sell as many as 241 million shares they had been required to hold since the May 17 initial public offering.
Little Mermaid Surgery

Little Mermaid Surgery Ad Sparks Outrage, Plastic Surgery Clinic Adds Breast Implants To Disney Princess [PHOTOS]

A plastic surgery center in Venezuela is under fire after using Ariel from The Little Mermaid in an ad photo promoting surgery, adding breast implants to the Disney Princess. Venezuela Clinica Dempere released the controversial ad campaign, depicting the red-headed mermaid princess with breast augmentations, along with the Frog Price and the Wicked Witch, writing, "We make fairy tales come true."
Pieces of gold

Gold's Value Up For Europeans As Exchange Deems Bullion Collateral

European investors looking to bet on risky derivatives will be able to use gold to back their trades, one of the Continent's major exchanges said Friday, a development that could both make the yellow precious metal a more valuable asset and foster the growth of derivative trading volume.
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Kodak May Call Off Patent Auction After Missing Deadline

Bankrupt imaging giant Eastman Kodak Co. (Pink: EKDKQ) said it may call off its auction of 1,100 patents that was scheduled to conclude Monday. In a statement late Thursday, Kodak said it “has not reached a determination or agreement to sell the digital imaging portfolio.”
Samsung Galaxy Note 10.1

Samsung Ships Galaxy Note 10.1 To Battle iPad Dominance

Samsung Electronics (Seoul: 005930) started shipping its $499 Galaxy Note 10.1 tablet in a bid for market share against the iPad from Apple (Nasdaq: AAPL), the world's most valuable technology company. On of its innovations is an electronic stylus called the S Pen, first unveiled at the International Consumer Electronics Show in January.
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Cisco Surges On Earnings, Outlook for Internet Growth

Shares of Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, soared more than 8 percent Thursday after reporting fourth-quarter net income that beat analyst estimates by a penny and as boosting its dividend 75 percent to 14 cents a share.
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Newspaper Executives: ‘We’re Still Relevant’

A little optimism goes a long way: According to a recent study commissioned by the Newspaper Association Managers (NAM), 25 percent of newspaper executives believe the industry will be more relevant five years from now than it is today.
Apple iPad Mini Rumors: Video Reveals New Tablet May Lack Cellular Connectivity Features

Apple iPad Mini Rumors: Schematics And Cases Showcase Likely Features, Specs [PICTURES]

Apple fans are expecting a brand-new mini iPad to be unveiled alongside the iPhone 5 next month, but on Wednesday, 9 to 5 Mac posted concept images of what it believes the iPad Mini will look like, based on tips from inside sources. The tips also happen to line up with schematics and cases, which can give us a clearer picture of the features and specs of the upcoming iPad Mini.
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Lenovo Group 1Q Earnings Jump 30% As No. 2’s Sales Soar

China’s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, reported first-quarter net income jumped 30 percent , ahead of estimates, as global revenue rose 35 percent – far better than performance for its U.S. rivals, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), the No. 3 PC maker.
Apple iPhone 5 "4-Inch" Concept - Design By Spencer Caldwell

Apple iPhone 5: 250 Million Units Of Next iPhone Could Be Sold Over Its Life Cycle, Says Analyst

With the highly rumored September 12 release date of Apple's next gen iPhone, the so-called "iPhone 5," approaching fast, speculations concerning the 2012 version of the flagship smartphone have flooded the Internet over the last few months. Given the enormous buzz among people, it's pretty much sure that the device's sales, no matter how it finally launches - as "iPhone 5" or as the new iPhone, will touch new heights.

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