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Stock Market & Financial Investment News

News Breaks
September 10, 2012
07:34 EDTCICigna to reaffirm FY12 adjusted income from ops estimates of $1.53B-$1.63B
Company officials expect to participate in meetings and discussions with investors and analysts, including the Morgan Stanley Global Healthcare Conference. During these meetings, Company officials expect to reaffirm consolidated adjusted income from operations estimates for full year 2012, which remain in the range of $1.53B-$1.63B. The Company’s FY12 financial outlook includes the impact of year-to-date results for its Guaranteed Minimum Death Benefits business, but does not include an estimate for future impacts. Future potential impacts from VADBe are not known or reasonably estimable, including the impact of changes in capital markets or periodic updates to long-term reserve assumptions. Company officials also expect to reaffirm the outlook for medical membership for full year 2012, as discussed on the Company’s second quarter 2012 earnings conference call.
News For CI From The Last 14 Days
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May 14, 2013
19:35 EDTCICigna shares could climb 20%, Barron's says
Cigna, which is up more than 50% in the past 12 months, may climb another 20% if it trades closer to 12 times earnings, which it has done in the past, says Barron's Weekday Trader. The report cites Don Wordell, manager of the RidgeWorth Mid-Cap Value Equity fund, who says Cigna's story gets better and better as the company shores up its balance sheet with smart acquisitions and the divestiture of non-core businesses. Reference Link
10:01 EDTCIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AVG Technologies (AVG) downgraded to Neutral from Buy at Goldman... Cigna (CI) downgraded to Hold from Buy at Jefferies... Cree (CREE) downgraded to Neutral from Buy at Sterne Agee... Melco Crown (MPEL) downgraded to Neutral from Buy at UBS... SolarCity (SCTY) downgraded to Neutral from Buy at Roth Capital... KB Home (KBH) downgraded to Market Perform from Outperform at Raymond James... Ryland Group (RYL) downgraded to Underperform from Market Perform at Raymond James... Alere (ALR) downgraded to Hold from Buy at Craig-Hallum... Evolution Petroleum (EPM) downgraded to Hold from Buy at MLV Equity... Oil States (OIS) downgraded to Hold from Buy at BB&T... VIVUS (VVUS) downgraded to Neutral from Buy at Lazard Capital.
05:45 EDTCICigna downgraded to Hold from Buy at Jefferies
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May 13, 2013
16:09 EDTCICigna names Thomas McCarthy CFO to replace Ralph Nicoletti
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May 7, 2013
15:58 EDTCICigna names Lisa Bacus chief marketing officer
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May 6, 2013
07:53 EDTCICigna management to meet with Deutsche Bank
Meeting to be held in New York on May 6 hosted by Deutsche Bank.
06:53 EDTCIHealth insurers plan to push Obamacare, Politico says
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