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Stock Market & Financial Investment News

News Breaks
May 19, 2014
16:13 EDTCICigna backs FY14 consolidated income from operations view $1.93B-$2B
Cigna announced in a regulatory filing that company officials expect to participate in meetings with investors and analysts over the next several weeks. During these meetings, company officials expect to reaffirm projected full year 2014 consolidated adjusted income from operations, which remains in the range of $1.93B to $2B. Company officials also expect to reaffirm projected 2014 global medical customer growth of approximately 1% to 2% over year end 2013. In connection with U.S. health care reform legislation, the company ceased offering limited medical benefits products effective December 31, 2013. Therefore, in determining medical customer growth expectations for 2014, the company has excluded these products from the year end 2013 customer numbers.
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September 17, 2014
10:00 EDTCIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AB InBev (BUD) upgraded to Hold from Sell at Societe Generale... Baker Hughes (BHI) upgraded to Outperform from Sector Perform at Howard Weil... Bank of the Ozarks (OZRK) upgraded to Buy from Hold at BB&T... Bill Barrett (BBG) upgraded to Buy from Neutral at Mizuho... Cepheid (CPHD) upgraded to Buy from Hold at Cantor... Cigna (CI) upgraded to Positive from Neutral at Susquehanna... Extra Space Storage (EXR) upgraded to Buy from Hold at Jefferies... GNC Holdings (GNC) upgraded to Outperform from Neutral at Wedbush... MB Financial (MBFI) upgraded at DA Davidson... Mondelez (MDLZ) upgraded to Buy from Hold at Societe Generale... Radian Group (RDN) upgraded to Buy from Neutral at Compass Point... Skullcandy (SKUL) assumed with a Overweight from Neutral at Piper Jaffray... Under Armour (UA) upgraded to Overweight from Neutral at Piper Jaffray.
08:38 EDTCICigna upgraded to Positive from Neutral at Susquehanna
As previously reported, Susquehanna upgraded Cigna to Positive from Neutral. The firm believes Cigna's earnings are poised to accelerate driven by a reduction in ACA related losses, conservative medical cost ratio assumptions, buybacks, and normal business growth. Price target raised to $115 from $77.
07:06 EDTCICigna upgraded to Positive from Neutral at Susquehanna
September 4, 2014
12:49 EDTCIJudges to revisit ObamaCare subsidies decision, The Hill reports
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