|Bid||171.29 x 100|
|Ask||171.40 x 200|
|Day's Range||171.21 - 173.05|
|52 Week Range||152.89 - 227.13|
|PE Ratio (TTM)||19.55|
|Earnings Date||May 3, 2018|
|Forward Dividend & Yield||0.04 (0.02%)|
|1y Target Est||215.76|
Today we’re going to take a look at the well-established Cigna Corporation (NYSE:CI). The company’s stock received a lot of attention from a substantial price movement on the NYSE overRead More...
The Cigna Foundation today announced a $75,000 grant to the Broward County Education Foundation to support the families of victims of the Marjory Stoneman Douglas High School shooting in Parkland, Florida.
In the second week of April 2018, St. Jude Children’s Research Hospital announced the launch of the St. Jude Cloud, which it described as the world’s largest public store of pediatric cancer genomics data. The St. Jude Cloud runs on Microsoft’s (MSFT) Azure cloud computing platform.
Larry Robbins is bullish on health care again and made a pitch for three companies he likes at this year's Sohn Conference. In keeping with what has been a familiar theme for the founder, CEO and portfolio manager at Glenview Capital Management, Robbins picked Express Scripts ESRX -Cigna CI , CVS CVS -Aetna AET and McKesson MCK as his winners in the field. "These stocks are all trading at historically low multiples," Robbins said during a rapid-fire presentation at the glitzy annual gathering of hedge-fund and investing heavyweights.
Cigna Corp said the U.S. Department of Justice has sought additional information from the company and Express Scripts in connection with the health insurer's ongoing $52 billion takeover of Express Scripts. The request is to extend the waiting period imposed by the HSR Act until 30 days after the companies comply with the request, Cigna said in a filing.
Prescription drug costs represent a significant portion of workers’ compensation medical costs.
Cigna Corp. confirmed that its proposed $54 billion acquisition of Express Scripts Holding Co. will be reviewed by the U.S. Department of Justice, which has raised the bar for approving deals that don’t combine direct competitors. Analysts at Credit Suisse sent an alert to clients on April 5, saying Cigna Chief Executive Officer David Cordani told investors during an event in Europe that the deal would be looked at by the Justice Department. Cigna agreed in March to acquire Express Scripts, a pharmacy-benefits manager, wagering that the combination can reduce costs and improve benefits for Americans by simplifying the health-care supply chain.
In its latest issue of Healthcare Quarterly, Moody's Investors Service examines how planned mergers between health insurers and other healthcare companies, as well as potential new entrants to the US healthcare ...
UnitedHealth Group Inc (NYSE:UNH), the giant health insurer, beat the street on April 17 and raised estimates, illustrating its dominance in the healthcare space. The company earned $2.924 billion, $3.04-per-share fully adjusted, on revenues of $55.188 billion. This handily beat estimates for $2.92-per-share of earnings, and whispers of $2.97-per-share, on revenues of $54.85 billion. The stock rose to $6.04-per-share, 2.69%, in anticipation of earnings, and added another $4.19, 1.82%, in pre-market trading.
UnitedHealth Group, Netflix, Walmart, Tesla and Comerica are the companies to watch.
UnitedHealth Group is, by revenue, the largest healthcare company in the world. Its subsidiaries, UnitedHealthcare and Optum, offer health insurance services and healthcare products.
On April 17, 2018, UnitedHealth Group (UNH) is set to announce its fiscal 1Q18 earnings. Wall Street expects UnitedHealth Group to register adjusted EPS (earnings per share) of ~$2.91, representing ~22.7% growth YoY (year-over-year). In fiscal 4Q17, the company reported adjusted EPS of ~$2.59, representing ~22.8% YoY growth.
On April 17, 2018, UnitedHealth Group (UNH) is set to announce its 1Q18 earnings results. In fiscal 1Q18, UnitedHealth Group’s sales are expected to grow 12.5% YoY (year-over-year) to $54.8 billion. In 4Q17, the company registered sales of $52 billion, representing ~9.6% YoY growth, beatings analysts’ estimates. In fiscal 3Q17, the company missed analysts’ estimates.
Cigna Corporation will release its First Quarter 2018 financial results on Thursday, May 3, 2018 and will host a conference call on the same day.
The trend of health insurers seeking to expand vertically through mergers and acquisitions to pharmacy benefits and point-of-care service has continued apace for several years, and with several large deals ...
With a mission to save 100,000 lives by encouraging Americans to get their annual check-upi, global health service company Cigna has reunited the stars of its TV Doctors of America campaign to give Americans personalized, mobile reminders to schedule their annual check-ups.
Ron Guerrier, who led the creation of Toyota’s innovation lab before serving as CIO at Farmers Insurance, joins Express Scripts amid the company’s sale to health insurer Cigna.
Merger and acquisition (M&A) activity across the world has hit a seventeen-year-record high in the first quarter of 2018, according to a report by research firm Mergermarket.
Nearly 12 million Americans enrolled in coverage via exchanges under the Affordable Care Act despite a narrower sign-up window and cuts to marketing implemented by the Donald Trump administration.
Glancy Prongay & Murray LLP announces an investigation on behalf of Cigna Corporation investors concerning the Company and its directors’ and officers’ possible violations of state laws.