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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.
News For CI From The Last 14 Days
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November 14, 2014
16:52 EDTCIGreenlight Capital gives quarterly update on stakes
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November 12, 2014
08:58 EDTCIManaged Care earnings risk low from King vs. Burwell, says Leerink
Leerink believes the Supreme Court decision to the King vs. Burwell case carries low earnings risk for Managed Care companies. The case to determine the legality of Exchange subsidies administered by the Federal Government carries less than 2% and 3% of earnings risk for 2014 and 2015 estimates, respectively, Leerink believes. The firm says Humana (HUM) and Cigna (CI) are currently losing money on Exchanges, and thus could benefit from any Federal Exchange membership loss. Leerink lists Aetna (AET), Centene (CNC), WellPoint (WLP) and Molina Healthcare (MOH) as being most impacted.
November 11, 2014
12:55 EDTCIWorkarounds to likely protect insurers from Supreme Court decision, says Wedbush
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November 10, 2014
06:29 EDTCICigna to restructure HIV prescription drug benefits, WSJ reports
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