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(Bloomberg) — Starbucks Corp. will provide Chinese workers with health insurance that extends coverage to their parents, a unique offering by the coffeehouse chain that may be used by more than 10,000 people to treat cancer, heart disease and Alzheimer’s.
The plan is a response to traditional values in China, the company said, as children often care for their parents and grandparents in a society that doesn’t have a comprehensive safety net for the elderly. The plan, covering 30 critical illnesses and some surgeries, will be available starting in June, Executive Chairman Howard Schultz said.
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Uncertainty is hurting demand in some places, but gains in local wealth are helping in others.
Top Insurance Stocks To Invest In 2018: Magal Security Systems Ltd.(MAGS)
- [By Lisa Levin]
In trading on Tuesday, industrial shares fell by 0.04 percent. Meanwhile, top losers in the sector included Unilever N.V. (ADR) (NYSE: UN), down 8 percent, and Magal Security Systems Ltd. (USA) (NASDAQ: MAGS), down 6 percent.
- [By Peter Graham]
Israel based small capMagal Security Systems Ltd (NASDAQ: MAGS)was established in 1965 as a branch of the Israeli Aerospace Industry focused on developing smart fences for security. It was floated and privatized15years later and hadanIPO on NASDAQ on 1993. Today, Magal Security Systems is a leading international provider of solutions and products for physical and video security solutions, as well as site management. MAGS offers comprehensive integrated solutions for critical sites, managed by Fortis4G the Companys4th generation, cutting-edge PSIM (Physical Security Information Management system). The solutions leveragea broad portfolio of homegrown PIDS (Perimeter Intrusion Detection Systems), advanced VMS (Video Management Software) with native IVA (Intelligent Video Analytics) Security solutions.
- [By WWW.MONEYSHOW.COM]
Magal Security Systems (MAGS) is an Israeli company whose stock trades in the US. The company specializes in “smart fences” that protect large geographic areas, power plants, military bases, prisons, and building complexes against unwanted intrusions.
Top Insurance Stocks To Invest In 2018: LendingClub Corporation(LC)
- [By Mark Balson]
Lending Club’s (LC) acting CEO Scott Sanborn replies to company’s investors and assures that company is in strong financial position and enough cash flow in balance sheet. “Cash and securities amount to $868 million.” He replies.
Scott Sanborn also ensured company’s investors through e-mail who buys company’s loans, “We plan to be around for many years.”
But as per company’s website Leading Club’s loan investors, “May not receive full amount, if it goes out of business.” Or could see delayed payments.
Top Insurance Stocks To Invest In 2018: Cellcom Israel Ltd.(CEL)
- [By WWW.THESTREET.COM]
That’s why Cramer said he’ll be listening for news coming from Celgene (CEL) , Amgen (AMGN) , Allergan (AGN) , an Action Alerts PLUS holding, and Regenron (REGN) , all of which are set to present. Of the four, Cramer said he’s sticking with Allergan and Amgen.