UnitedHealth under criminal investigation for possible fraud + Borussia Dortmund continues to rise ahead of final match day + Scout24 at record high + Bayer wants further Roundup settlements and is reviewing Monsanto bankruptcy petition

UnitedHealth $UNH (+1,25 %)under criminal investigation by the US Department of Justice for possible fraud in connection with Medicare

• UnitedHealth Group (UNH) is facing a criminal investigation by the U.S. Department of Justice for possible fraud related to its Medicare Advantage business, according to the Wall Street Journal.
• The investigation, led by the Justice Department's health care fraud division in New York, has been ongoing since at least mid-2023 and complements ongoing civil and antitrust investigations into the company, the news agency reported.
• The WSJ quoted UnitedHealth as saying that the company had not been informed of the criminal investigation and stands by the integrity of its Medicare Advantage program.
• An earlier civil case against UnitedHealth related to allegedly unfounded diagnoses is reportedly still pending before a judge, although a court-appointed special master has recommended dismissal of the case.
• UnitedHealth and the DOJ did not immediately respond to MT Newswires' request for comment.
• It is alleged that the company systematically upcoded diagnoses in order to receive higher payments from Medicare.
• Medicare Advantage plans pay insurers a fixed amount per enrollee, with additional payments for patients with more severe or more diagnoses.
• UnitedHealth allegedly took advantage of this and provided healthy insureds with non-existent or exaggerated diagnoses in order to collect these additional payments.
• But that's not all: the DOJ has also opened an investigation into antitrust violations.
• The investigation focuses on the links between the insurance division UnitedHealthcare and its subsidiary Optum as well as the impact of acquisitions of physician groups on competition and consumers.
• UnitedHealth is also alleged to have used faulty AI to process benefits.
• The error rate of this is said to have been 90 percent. As a result, a number of claims were wrongly rejected.
• UnitedHealth shares fell by more than 6.4% on Thursday before the start of trading.

Borussia Dortmund $BVB (+1,11 %)continue to rise ahead of last match day

• The shares of Borussia Dortmund reached another high since August on Thursday at 3.84 euros.
• Investors are optimistic going into the decisive final matchday of the Bundesliga season and are banking on the club reaching the Champions League, which is so important both financially and in sporting terms.
• As rivals Freiburg and Frankfurt will meet at the very end of the season, thus taking important points away from each other, a conciliatory end to the disappointing season is quite realistic for BVB.
• The prerequisite is that Borussia win their home game - as convincingly as possible - against Kiel, who have already been relegated.
• BVB sporting director Sebastian Kehl's statements on squad planning may also have provided some reassurance for investors.
• "We certainly won't be making five or six top transfers - in case anyone thinks that," Kehl told "Kicker".

Scout24 $G24 (+1,33 %)at record high - JPMorgan very optimistic

• Scout24 shares reached another record high of EUR 112.50 on Thursday.
• This means that the shares of the Internet portal operator have gained 32 percent in the current year.
• With a place on the "Analyst Focus List", they are now among the favorites of the investment bank JPMorgan.
• Analyst Marcus Diebel has raised his price target significantly to 141 euros and shows investors how, in the best-case scenario, even 165 euros could be possible.
• Namely, if the operating margin in 2028 is not "only" 66% as in the base scenario, but even an ambitious 71%.
• Diebel also emphasized the dividend potential that beckons thanks to strong cash flow.

Bayer $BAYN (+0,65 %)wants further Roundup settlements and examines Monsanto bankruptcy petition

• Bayer is making a further push to settle lawsuits linking the popular weedkiller Roundup to cancer, while also considering a bankruptcy filing for its Monsanto agricultural business in case the settlement plan fails, according to people familiar with the matter.
• According to people familiar with the matter, Bayer plans to settle some of the class action lawsuits against Roundup in a Missouri court, where most of the lawsuits are pending.
• Given the difficulties in resolving the Roundup litigation in the civil courts, the German pharmaceutical and agricultural company is preparing a bankruptcy petition for Monsanto, the US manufacturer of the weedkiller, as another option.
• Bayer has hired restructuring consultants from the law firm Latham & Watkins and the consulting firm Alixpartners to examine its options, the informants added.
• Filing for Chapter 11 bankruptcy protection would halt the lawsuits against Monsanto and pave the way for Bayer's share of Roundup liability to be resolved in bankruptcy court.
• Bayer and Alixpartners declined to comment. Latham was unavailable for comment at short notice.

Friday: Stock market dates, economic data, quarterly figures

Small expiry day

• ex-dividend of individual stocks
• E.ON SE € 0.55
• adidas AG € 2.00
• Heidelberg Materials AG € 3.30
• Commerzbank AG € 0.65
• Starbucks Corp $0.61
• Tencent Holdings Ltd HK$ 4.50
• Amgen Inc $2.38
• Eli Lilly and Co $1.50

• Quarterly figures / company dates Europe
• 07:00 Swiss Re Quarterly figures
• 07:30 Richemont annual results
• 09:00 Michelin AGM
• 10:00 Hella | Volkswagen | Elringklinger | Jost | Wienerberger | Thales AGM
• 11:00 TAG Immobilien | Dürr AGM
• 14:00 Biontech AGM

• Economic data

01:50 JP: GDP (1st release) 1Q FORECAST: -0.1% yoy previous: +0.7% yoy

07:30 FR: Unemployment rate 1Q FORECAST: 7.5% 4th quarter: 7.3%

14:30 US: Housing starts/permits April housing starts PROGNOSE: +2.7% yoy previous: -11.4% yoy Building Permits PROGNOSE: -2.2% yoy previous: +1.6% yoy

14:30 US: Import and Export Prices April Import Prices PROGNOSE: -0.4% yoy previous: -0.1% yoy

16:00 US: Consumer Sentiment Index Uni Michigan (1st survey) May FORECAST: 53.5 previous: 52.2

$BVB (+1,11 %) Picked up BVB shares today for around €2.80. Hopefully things will pick up again in the long term. The reaction this morning was too strong, as you could clearly see over the course of the day.

$BVB (+1,11 %)

Market cap 325 million

Squad value 445 million

Here is my small portfolio again.

I haven't changed everything yet, but I've already started.

$ISPA (+0,57 %) will be liquidated on the 16th and invested in $VWRL (+1,14 %) invested.

$MSCI (+3,41 %) was a gift via TR, but I will also sell it.

The $SPPW (+0,8 %) I'm saving something for my niece.

So that I can give her a nice handout in 13 years' time.

The savings rate will be increased every year.

$VOW (+2,93 %) I've slipped up with the saveback conversion.

And $BVB (+1,11 %) I only wanted one share because it's my club.

$QYLE (-1,81 %) and $SDIP (-0,22 %) are a small addition.

If you have any suggestions for changes, please let me know

Does the $BVB (+1,11 %) really so necessary that they have to be sponsored by the Memecoin $BONK (-0,41 %) have to be sponsored?

https://www.bvb.de/de/en/news/news-overview/news.html/2024/8/30/BVB-announces-BONK-as-an-International-Premium-Partner-to-enhance-fan-experiences.html

To $BVB (+1,11 %) a brief thought:

Always just listen to everyone:

"wHat's nOt a good place to be"

SIMPLE:

I pay €100 in sports betting and if Dortmund lose then that €100 is gone.

If I invest €100 in the share now, I won't lose my money if Dortmund loses the Champions League final, because first of all, if you don't sell you don't lose and the share will recover over time anyway, e.g. if Dortmund become champions.

champion, will recover over time anyway.

In addition, you don't lose a big return with the €100 invested and you can, for example, invest a dividend received, which you hardly notice🫣

So much for that and now hello BVB💛

Greetings 🦆

Well, who has $BVB (+1,11 %) bought? I hope for the shareholders' sake that the recent success in reaching the final pays off.

As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/ITleQRkOkrI?si=0IpXUSz4Schi0To8

Sunday:

Iran attacks Israel for the first time ever. The stock exchanges in Israel can even close in positive territory (Sunday is a trading day in Israel). The stock markets had already fallen in part on Friday, while the price of oil had risen significantly.

https://www.welt.de/politik/ausland/article251019758/Israel-Libanesische-Hisbollah-Miliz-gratuliert-Iran-zu-Angriff-auf-Israel.html

Monday:

US retail sales came in higher than expected. Instead of the expected 0.3%, it was 0.7% growth in March. The labor market also saw 300,000 new jobs created in March alone.

https://www.handelsblatt.com/politik/konjunktur/konjunktur-us-einzelhaendler-steigern-umsatz-unerwartet-stark/100032604.html

Tuesday:

China's 🇨🇳 economy grew by 5.3% year-on-year from January to March, stronger than expected. However, experts doubt the authenticity of the data. Among other things, home prices in China continued to fall and were 2.7% lower than in the previous year. Retail sales also increased by only 3.1% and industrial production by 4.5%.

https://www.handelsblatt.com/politik/international/konjunktur-chinas-wirtschaft-waechst-deutlich-staerker-als-erwartet/100032723.html

Exciting figures from $EVK (+1,87 %) Evonik, the specialty chemicals group earned more than expected. The chemical industry is considered an early cyclical sector, so the good figures could be an indicator of a coming upswing.

https://www.handelsblatt.com/unternehmen/industrie/evonik-chemiekonzern-uebertrifft-die-erwartungen-im-ersten-quartal/100032822.html

Wednesday:

The inflation rate in the UK falls less sharply than expected, to 3.2%. However, a fall to 3.1% was expected. This also reduces the likelihood of a rapid interest rate cut in the UK. In the USA, initial analysts are even expecting interest rate hikes again. In the EU, on the other hand, even the trade unions have now complained that the ECB has not yet cut interest rates.

https://www.ft.com/content/f70f52d1-87ac-42f9-a0c3-be3e5e88d711

The $BVB (+1,11 %) BVB share can rise significantly today after yesterday's semi-final. Instead of 25 - 35 million euros, the surplus is expected to rise to 33 - 43 million euros. BVB will receive at least 12.5 million euros for reaching the semi-finals.

https://www.handelsblatt.com/finanzen/maerkte/aktien/bvb-aktie-legt-zu-millionen-praemie-nach-einzug-ins-champions-league-halbfinale-01/100033105.html?_gl=1*1a4gktr*_up*MQ..&gclid=CjwKCAjw5v2wBhBrEiwAXDDoJeKeX0JnN1c_SzsBP1V0pbGQFqqcEI50UmYAZEJGvBqNZnmaKSZXMhoCa_oQAvD_BwE

Thursday:

Despite the numerous conflicts with Hamas, Hezbollah and Iran (which supports proxies such as Hamas), Israel's 🇮🇱 economy is back on track for growth. The Purchasing Managers' Index rose to 51 points, > 50 points signaling growth.

https://www.handelsblatt.com/politik/international/nahost-israels-wirtschaft-wieder-zurueck-auf-wachstumskurs/29433048.html

Saturday:

The USA 🇺🇸 passes a 90 billion euro package including military aid for Ukraine, Israel and Taiwan in the House of Representatives. In addition, China's participation (the company Bytedance) in TikTok is banned in the USA. The Senate still has to give its approval.

https://www.handelsblatt.com/politik/international/usa-repraesentantenhaus-bringt-ukraine-hilfen-und-tiktok-verbot-auf-den-weg/100033612.html

These are the most important dates for the coming week:

Monday: 10:00 ifo Business Climate (DE)

Thursday: 10:00 Purchasing Managers' Index (EU)

Friday: 5:00 Interest rate decision (Japan)

Moinnn,

which shares do you have in your portfolio that you are very strongly convinced will take off in the long term 🚀?

For me it is: $NVDA (+2,44 %) , $AAPL (-0,53 %) , $MSFT (+0,68 %) ,$TSLA (-2,12 %) and

$BVB (+1,11 %) (fun am Schalke fan)

Everyone who followed the last Bundesliga matchday on Saturday knows how exciting it was! Too bad that BVB did not manage to win the championship. Accordingly, unfortunately, the $BVB (+1,11 %) Share price looks, just -28%.

Had you bought the share?