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Cigna Corp. (CI)

- NYSE
  • May 1, 2013, 5:30 PM
    Notable earnings before Thursday’s open: ABMD, ACOR, ACT, AEE, ANR, ANSS, ARG, ARQL, ATK, AYR, BDBD, BDX, BEAM, BGCP, BZH, CAH, CEVA, CHD, CI, CME, CNP, CPN, CTRX, DIN, DNR, EL, ELNK, FIG, FLY, FNP, FWLT, GEL, GG, GIL, GM, GNRC, GOLD, HAR, HK, HSH, INCY, INGR, IP, IRDM, IT, ITT, K, LF, LQDT, LXP, MDC, MFC, MGI, MGM, MMC, MMP, MWW, NIHD, NNN, NUS, OCN, OGE, OXF, OZM, PCG, PPL, PWR, PXP, RGLD, RNO, SBH, SFY, SHPG, SNI, SPR, SRE, STRA, TEVA, VMC, VRX, WNR, WPX, WWE, XEL
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  • Apr. 19, 2013, 10:55 AM
    Shares of Healthways (HWAY +17.7%) soar this morning after its Q1 easily beat Street estimates. Despite the beat, Net losses widened amid weaker margins and flat revenue, as the company continues to feel the impact of winding down its contract with Cigna (CI). Revenue attributable to CI and another terminated contracts totaled just $1.4M, compared with $19.7M a year earlier. Nevertheless, the company reafirms its guidance for FY13, saying it expects sales of between $710M - $727M, bracketing Street guidance.
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  • Apr. 17, 2013, 12:33 PM
    The big surge in health care stocks earlier this month just prior to the government's decision on Medicare Advantage rates may have been due to an email to sent by a former top congressional aide who now happens to be an outside lobbyist for Humana (HUM -1.9%). The email, which is now subject to an SEC probe, was sent to a Washington investment-research firm and circulated to clients just minutes before the close of trading, saying that "credible sources" had told them a decision had been made to restore the payments.
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  • Feb. 28, 2013, 7:09 PM
    Cigna Corporation (CI) declares $0.04/share annual dividend, in line with previous. Forward yield 0.07%. For shareholders of record Mar. 12. Payable Apr. 10. Ex-div date Mar. 08. (PR)
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  • Feb. 28, 2013, 10:54 AM
    Catamaran (CTRX -5%) beats on it's Q4, but the stock its trading lower after CEO Mark Thierer failed to quell concerns by investors over the potential loss of its business with Cigna (CI -1.3%) - a key question surrounding the pharmacy-benefits manager- and the earnings impact if CTRX winds up losing them.
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  • Feb. 19, 2013, 9:39 AM
    It's not just Humana (-9.6%) suffering from prospective declines in reimbursement rates for Medicare Advantage plans in 2014, with UnitedHealth (UNH) -5.2%, Cigna (CI) -5.5%, Aetna (AET) -3.5% and Universal America (UAM) -8.95%.
    | 7 Comments
  • Feb. 19, 2013, 9:10 AM
    Premarket gainers: NVGN +130%. ODP +33%. OMX +26%. SPLS +14%. CEDC +8%. UNXL +8%. PWER +6%. BBY +5%.
    Losers: HUM -10%. YNDX -8%. CI -5%.
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  • Feb. 7, 2013, 6:02 AM
    Cigna (CI): Q4 EPS of $1.57 beats by $0.09. Revenue of $7.62B beats by $0.9B. (PR)
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  • Feb. 7, 2013, 12:05 AM
    Notable earnings before Thursday’s open: AAP, ALU, BG, CCE, CI, CS, CTSH, EXC, FLIR, FLO, GPK, HLSS, HOT, INGR, KKR, MFC, MPW, MWW, NBL, NNN, NYT, ONNN, OZM, PM, PMT, PTEN, S, SBH, SIAL, SNE, SNI, SPH, SQNS, TDC, TEVA, XYL
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  • Feb. 6, 2013, 5:30 PM
    Notable earnings before Thursday’s open: AAP, ALU, BG, CCE, CI, CS, CTSH, EXC, FLIR, FLO, GPK, HLSS, HOT, INGR, KKR, MFC, MPW, MWW, NBL, NNN, NYT, ONNN, OZM, PM, PMT, PTEN, S, SBH, SIAL, SNE, SNI, SPH, SQNS, TDC, TEVA, XYL
    | 1 Comment
  • Feb. 5, 2013, 5:37 AM
    Berkshire Hathaway (BRK.A) has agreed to reinsure Cigna Corp. (CI) death benefits and retirement products in a deal that will provide Berkshire with $1.8B in investment assets but in which it will also take on up to $4B in liabilities. Cigna will fund the deal with $100M in cash and a $300M tax benefit, and will take a Q1 after-tax charge of $500M. (PR)
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  • Jan. 9, 2013, 3:33 AM
    Cigna (CI) could offload its death-benefits unit this year if "the right market conditions unfold," CEO David Cordani said. Closed to new business since 2001, the operations have acted as a drag on Cigna's share price due to its inherent risks. Cordani talked the unit up but analysts reckon that he might have to pay somebody to take it off his hands.
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  • Nov. 27, 2012, 11:16 AM
    Turning to non-agency MBS (webcast), JPMorgan gets even more bullish. Key is their expectation of 3-5% growth in home prices (with upside potential) in 2013. While the paper is likely to retain some correlation with risk on/risk off, the fundamentals of improving housing - rising prices, declining distressed sales, declining shadow inventory - will be of growing importance. (previous on MBS)
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  • Nov. 16, 2012, 4:51 PM
    Cigna (CI) guides 2013 earnings below its long-term forecast, now saying earnings would rise by 4% to 9% to between $5.80 to $6.25 per share, while sales will grow by 8% to 11% to between $31.5B to $32.5B. The Street had recently forecast earnings of $6.32 per a share on revenue of $29.28B. The increase is driven by company-wide expansion, but the lower forecast is tempered by plans for strategic investments and expectations for an uptick in medical-cost trends.
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  • Nov. 14, 2012, 5:01 PM
    Third Point reports initiating new stakes in Mondelez (MDLZ), Nexen (NXY), Symantec (SYMC), WESCO (WCC), Autodesk (ADSK), while increasing its stakes in AIG (AIG), Apple (AAPL), Murphy Oil (MUR) and LyondellBasell (LYB). The firm liquidated positions in Plains Exploration (PXP), Liberty (LINTA), News Corp (NWSA), Capital One (COF) and DISH (DISH) over the quarter, and reduced stakes in Cigna (CI), ARIAD (ARIA), Cabot (COG) and Coca-Cola Enterprises (CCE). (13-F)
    | 1 Comment
  • Nov. 1, 2012, 6:04 AM
    Cigna (CI): Q3 EPS of $1.71 beats by $0.35. Revenue of $7.4B (+31% Y/Y) beats by $700M. (PR)
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Company Description
Cigna Corp is a health services organization with insurance subsidiaries that are providers of medical, dental, disability, life and accident insurance and related products and services.
Sector: Healthcare
Country: United States