|Bid||164.65 x 800|
|Ask||180.88 x 900|
|Day's Range||173.79 - 176.04|
|52 Week Range||163.02 - 227.13|
|PE Ratio (TTM)||17.31|
|Earnings Date||Aug 2, 2018|
|Forward Dividend & Yield||0.04 (0.02%)|
|1y Target Est||218.28|
After the Senate policy luncheons, Senate Majority Leader Mitch McConnell with his leadership, and Senators Lindsey Graham (R-SC) and Bill Cassidy (R-LA) the authors of the Graham-Cassidy Bill, announce to journalists that the bill will not be voted on because there aren't votes for passage, on Capitol Hill in Washington DC Tuesday September 26, 2017. Conservative health care think tank scholars have published a new proposal to repeal and replace Obamacare, hoping that they can persuade Congress to take up the issue one more time before November. The proposal, entitled “The Health Care Choices Proposal: Policy Recommendations to Congress—Why Congress Must Act,” was published by the Health Policy Consensus Group, a kind of conservative health wonk Jedi Council led by Grace-Marie Turner of the Galen Institute, who is also a Forbes contributor).
Zacks Industry Outlook Highlights: Becton and Dickinson, Johnson & Johnson, Cigna and CVS Health
The rate hike announced in the recently concluded FOMC meeting comes as expected. With the latest raise of one-quarter percentage points at the last held FOMC meeting, the interest rate now stands at 2%. This decision was unanimously favored by all eight members of the regulatory body.Source: GotCredit
FILE: The CVS Health Corp. signage is displayed outside a pharmacy store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. It’s been a good week for CVS Health and Aetna with a judge clearing the AT&T-Time Warner merger and now the nation’s largest doctor group staying quiet on the drugstore chain’s proposed acquisition of the nation’s third-largest health insurance company. Wall Street is cheering a federal judge’s ruling that the U.S. Justice Department failed to prove that AT&T’s $85 billion purchase of Time Warner violated antitrust deals.
Court approval of the AT&T-Time Warner deal now makes it more likely that similar kinds of pending mergers will go through — and there’s a good investing angle in this. The green light in the deal appears to clear the way for CVS Health’s (CVS) planned acquisition of insurer Aetna (AET), and Cigna’s (CI) pending takeover of pharmacy-benefit manager (PBM) Express Scripts (ESRX).
A federal judge's decision on Tuesday, June 11, to clear the merger of AT&T Inc. "While the cable marketplace is not the same as the [managed care organization-pharmacy benefit manager] marketplace, with the latter seeing third party pay, the decision is favorable for the two large vertical mega-mergers," wrote Leerink Partners LLC analyst Ana Gupte in a note. Shares of Express Scripts rose 4.8% to $83 in morning trading on Wednesday and Cigna's shares were down 0.8% to $177.40.
A federal judge's ruling late Tuesday blessing the AT&T-Time Warner merger raised hopes that the CVS-Aetna and Cigna-Express Scripts deals will win antitrust approval.
With the release today of its annual Cigna Connects Corporate Responsibility Report, global health service company Cigna shares the specific initiatives through which its corporate responsibility platform empowers and guides the company in connecting its mission, expertise and resources to a broad range of environmental, social and governance efforts.
saga, as a judge in D.C. is set to rule on the DOJ's suit to block the deal on Tuesday, June 12. "While the cable landscape is not the same as health insurance and PBMs given the latter is third party pay, the vertical nature of T-TWX still offers insights into the stance of the DOJ under the Trump Administration," writes Leerink Partners' Ana Gupte in a note Monday. "The most likely outcome is that the DOJ will win... and we may see some short covering of CI and CVS, while the spread that AET and ESRX trade at could still narrow." If the DOJ loses its bid to block the AT&T-Time Warner combo, "expect the spreads that ESRX and AET are trading at to narrow meaningfully, and CVS to trade up as this would be a precedent-setting transaction and would point to higher likelihood of deal close." Cigna, the analyst said, is a bit more difficult to decode as investors remain conflicted about the Express Scripts deal.
UnitedHealth (UNH) hits 52-week high on dividend hike, share buyback renewal, and agreements with lab and diagnostic companies.
The pharmacy benefit management company, whose $67 billion sale to Connecticut-based Cigna is under review by regulatory authorities, recently signed a five-year lease.
Cigna Medical Group has named Matthew Bennett president and general manager, replacing Ed Kim, who left in December. Bennett has worked with Cigna nine years, most recently as vice president of operations and effectiveness for Total Health & Network. During that time, he was based at Cigna Corp.'s (NYSE: CI) Bloomfield, Connecticut, headquarters.
On Wednesday, June 06, 2018, US markets saw broad based gains with eight out of nine sectors finishing the trading sessions in green. All you have to do is sign up today for this free limited time offer by clicking the link below.
Insurer CIGNA Corporation (NYSE: CI ) is poised to sustain share gains in the U.S. commercial risk market, according to Goldman Sachs. The Analyst Analyst Stephen Tanal upgraded shares of Cigna from Neutral ...
The printer and computer maker is expecting to cut up to 5,000 jobs by the end of fiscal 2019 as part of its restructuring program. Cigna CI – The health insurer was upgraded to "buy" from "neutral" at Goldman Sachs, which also raised its 12-month price target on the stock to $212 per share from $193 a share. Goldman feels Cigna is positioned to continue to increase market share gains in the commercial risk market, among other factors.
After looking at Cigna Corporation’s (NYSE:CI) latest earnings announcement (31 March 2018), I found it useful to revisit the company’s performance in the past couple of years and assess thisRead More...
LONDON, UK / ACCESSWIRE / June 5, 2018 / If you want access to our free earnings report on Cigna Corp. (NYSE: CI), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=CI. The Company reported its financial results on May 03, 2018, for the first quarter of the fiscal year 2018 (Q1 FY18). Additionally, the Company provided guidance for FY18.
Cigna CEO David Cordani is game on in trying to shape the future of healthcare. He talks with TheStreet on where he thinks things are headed.
David Cordani, president and chief executive officer of Cigna, talks about the future of health care with Bloomberg's Joel Weber at the Bloomberg Invest Summit opening night dinner in New York. (Source: ...
Cigna Corp. exposed private information including bank-account details of some customers in Asia due to a system error, the health insurer said. The company told Bloomberg it accidentally sent the information to some customers and health-care providers in early May. Sabrina Cheung, a Cigna spokeswoman, said that the situation affected a small number of clients who work outside of their home countries, but declined to give a specific number. “Cigna’s claim system erroneously issued claim settlement communications to certain members and providers,” Cheung said by email.