New User:

-or-
Username:
Password:
Forgot your password?

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.
News For CI From The Last 14 Days
Check below for free stories on CI the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 24, 2014
06:50 EDTCIConsumers received $9B in refunds from health insurers, The Hill says
Subscribe for More Information
July 22, 2014
13:46 EDTCICourt upholds Obamacare subsidies, NY Times says
Subscribe for More Information
10:43 EDTCIAppeals court bars subsidies in health care law
A three-judge panel of the D.C. Circuit Court of Appeals struck down part of President Obama's healthcare law by siding today with plaintiffs who argued that the law barred the government from giving subsidies to people in states that chose not to set up their own insurance marketplaces. The appeals court stated, "Because we conclude that the ACA unambiguously restricts the section 36B subsidy to insurance purchased on Exchanges 'established by the State,' we reverse the district court and vacate the IRSís regulation." Twenty-seven states decided against setting up marketplaces, and another nine states partially opted out, according to the Washington Post.
July 10, 2014
07:11 EDTCIAetna, WellPoint top large-cap Managed Care picks at Jefferies
Jefferies calls Aetna (AET) and WellPoint (WLP) its favorite large-cap picks in the Managed Care space, with Health Net (HNT) its favored name in the small to mid-cap space. The firm believes the market is already expecting strong Q2 results from the sector, and it downgraded UnitedHealth (UNH) to Hold from Buy on valuation and below-peer earnings growth. Jefferies has Buy ratings on Aetna, Health Net, Molina Healthcare (MOH) and WellPoint.
06:23 EDTCIHealth insurers moving away from fee for service model, NY Times reports
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use