Aetna Agrees to Buy Coventry Health Care for $7.3B
Aug. 20 (Bloomberg) -- In "Street News," Bloomberg's Sara Eisen reports on today's top stories including striking South African miners are warned to return to their jobs, Aetna agrees to buy Coventry Health Care for a 27 percent premium over Friday's closing price and "The Expendables 2" tops the weekend box office, taking in almost $29 million. She speaks on Bloomberg Television's "Bloomberg Surveillance."
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Oil: Plan For $60 and Let Others Hope For $100, says Lien
48:59 - The oil market is rebalancing, but don’t count on ever seeing prices at $100 a barrel again: that’s the message from Norway’s petroleum and energy minister. Brent crude has surged more than 70 percent from a 12-year low earlier this year as a global glut shows signs of easing, bringing relief to oil companies and producing countries like Norway, which have been pummeled by the worst market downturn in a generation. While it’s “quite obvious” that the supply and demand will return to equilibrium, it doesn’t mean Norway is planning -- or even hoping -- for prices to go back to what they were, Tord Lien said in a Bloomberg TV interview at the ministry’s offices in Oslo.