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Aetna, Inc. (AET)

- NYSE
  • Nov. 30, 2012, 12:30 PM
    More on Questcor (QCOR -6.4%): Aetna's (AET +0.3%) latest bulletin shows no change from its position first taken in September on Acthar. The insurer is still limiting reimbursement of the drug only for the treatment of infantile spasms. AET asserts that the drug's other approved uses are medically unnecessary or unproven.
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  • Nov. 28, 2012, 5:56 AM
    Numerous CEOs of major companies are off to Washington today to talk to President Obama and/or John Boehner about averting the fiscal cliff. Those meeting Obama include the leaders of Merck (MRK), Coca-Cola (KO) and Caterpillar (CAT), while those meeting Boehner include the CEOs of Honeywell (HON) and Aetna (AET). Company bosses have also been urging their staff to pressure Washington to reach a deal.
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  • Nov. 21, 2012, 1:42 PM
    Aetna (AET +1.2%) releases a statement after Coventry Health Care (CVH +0.4%) stockholders voted overwhelmingly in favor of Aetna's proposed acquisition. AET CEO Mark Bertolini noted: “We continue to believe that Coventry will complement Aetna's strategy to expand our core insurance business, increase our presence in the fast-growing Government sector and expand our relationships with providers in local geographies.”
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  • Nov. 21, 2012, 10:40 AM
    Weight loss drug makers get a lift today after Aetna (AET -0.6%) revises its criteria under which the insurer considers weight reduction medications as "medically necessary" for treatment of obesity. In a Clinical Policy Bulletin revision dated yesterday, AET identified certain medications that have been approved by the FDA for weight reduction which would be covered under its policy: Qsymia, marketed by VIVUS (VVUS +13.2%), Belviq from Arena Pharmaceuticals (ARNA +2.9%), Didrex from Pfizer (PFE +0.1%), Xenical from Roche (RHHBY +0.3) and GlaxoSmithKline's (GSK +0.2%) Alli. Orexigen (OREX +6.5%), although not named in the bulletin, is also higher on the news.
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  • Nov. 20, 2012, 3:34 PM
    Coventry Health (CVH -0.1%) says it plans to hold a special shareholder meeting to consider and vote on proposal to adopt merging Jaguar Merger Subsidiary into Coventry with Coventry continuing as the surviving corporation. The meeting will be held in Nashville, Tennessee on November 21 at 10 am.
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  • Oct. 26, 2012, 6:35 AM
    Coventry Health Care (CVH): Q3 EPS of $0.78 beats by $0.05. Revenue of $3.46B (+16% Y/Y) misses by $40M. (PR)
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  • Oct. 26, 2012, 12:10 AM
    Notable earnings before Friday’s open: ACI, AON, ARLP, AXL, B, CMCSA, CVH, DAN, DLR, EGO, ERIC, GT, HMSY, IMGN, IPG, KKR, LM, LYB, MCO, MRK, OHI, OSK, QSII, TASR, TCB, VTR, WY
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  • Oct. 25, 2012, 5:30 PM
    Notable earnings before Friday’s open: ACI, AON, ARLP, AXL, B, CMCSA, CVH, DAN, DLR, EGO, ERIC, GT, HMSY, IMGN, IPG, KKR, LM, LYB, MCO, MRK, OHI, OSK, QSII, TASR, TCB, VTR, WY
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  • Oct. 25, 2012, 8:50 AM
    More on Aetna (AET) Q3: EPS benefits from heavy buybacks. Profit +1.8% to $499.2M. Earnings boosted by higher premiums, cost cuts and people continuing to avoid the doctor, with the percentage of premiums spent on medical care 80.7% vs 82.4% in Q2. Hits FY target for about 18.2M members, +149K from Q2. Ups FY operating EPS guidance to $5.10 from $5-$5.10 prior estimate and vs $5.08 consensus.
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  • Oct. 25, 2012, 6:01 AM
    Aetna (AET): Q3 EPS of $1.55 beats by $0.21. Revenue of $8.89B (+6% Y/Y) misses by $60M. (PR)
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  • Oct. 25, 2012, 12:05 AM
    Notable earnings before Thursday’s open: ABB, AET, AUO, AVT, AZN, BEN, BG, BIIB, CAB, CCE, CELG, CL, CME, CMS, CNX, COP, CRR, CS, CVE, D, DBD, DDD, DNKN, EQT, GG, GTI, HERO, HOT, HSY, IMAX, IP, JBLU, JNS, LINE, LKQ, MCK, MJN, MO, MYL, NBL, NOV, NS, NVS, NXPI, NYT, O, ORI, OXY, PCAR, PCP, PDS, PG, PHM, POT, PTEN, RCL, ROC, RTN, RYN, S, SHW, SPG, SWI, TKR, TSM, TZOO, UA, UAL, VLY, VPHM, XEL, ZMH
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  • Oct. 24, 2012, 5:30 PM
    Notable earnings before Thursday’s open: ABB, AET, AUO, AVT, AZN, BEN, BG, BIIB, CAB, CCE, CELG, CL, CME, CMS, CNX, COP, CRR, CS, CVE, D, DBD, DDD, DNKN, EQT, GG, GTI, HERO, HOT, HSY, IMAX, IP, JBLU, JNS, LINE, LKQ, MCK, MJN, MO, MYL, NBL, NOV, NS, NVS, NXPI, NYT, O, ORI, OXY, PCAR, PCP, PDS, PG, PHM, POT, PTEN, RCL, ROC, RTN, RYN, S, SHW, SPG, SWI, TKR, TSM, TZOO, UA, UAL, VLY, VPHM, XEL, ZMH
    | 1 Comment
  • Oct. 2, 2012, 9:58 AM
    Around 12M people will buy $55B worth of health coverage in 2014 via the insurance exchanges being created as part of Obamacare, PWC predicts, adding that the figures could rise to 29M people and $205B respectively by 2021. Most of the money will be new, although some will come from other parts of the market, such as from people whose employers had paid for coverage until now.
    | 1 Comment
  • Sep. 30, 2012, 5:51 AM
    Three pension funds that are investors in Coventry Healthcare (CVH) have sued to block its $5.6B acquisitions by Aetna (AET). Among other things, the funds argue that Coventry's shareholders are receiving a premium of just 20%, far less than premiums in other similar deals, which are as much as 43%.
     
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  • Sep. 28, 2012, 3:43 PM
    Dendreon (DNDN +3.8%) bucks a weak tape today after Aetna (AET -0.4%) indicated on its website that it would pay for additional prostate cancer patients to be treated with Provenge, saying it now considers it to be medically necessary for treatment.
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  • Sep. 28, 2012, 3:34 PM
    Aetna (AET) declares $0.175/share quarterly dividend, in line with previous. Forward yield 1.77%. For shareholders of record Oct 11. Payable Oct 26. Ex-div date Oct 09. (PR)
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Company Description
Aetna Inc. is a health care benefit company, which offers traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans.
Sector: Healthcare
Country: United States