All Posts Tagged With: "CI"
(UNH) Health Insurance Stock Outlook – April 2012 – Industry Outlook
Though the U.S. Health insurance industry continues to be relatively immune to economic difficulties, it has been still grappling with fundamental changes and consequent growth pangs. The industry has been facing its share of problems related to a sluggish economic recovery,...
(WLP) These Healthcare Insurance Stocks Are Ready to Rise
by Marc Lichtenfeld, Healthcare Expert
Wednesday, February 24, 2010: Issue...
(HS) HealthSpring Shareholders Approve CIGNA Merger
The acquisition of HealthSpring Inc. (HS) by CIGNA Corp. (CI) has received the approval of the former company’s shareholders. The approval...
(AET) Health Insurance Stock Review – December 2011 – Industry Outlook
The Health and Medical Insurance industry is an integral part of the U.S. economy. According to the Centers for Medicare and Medicaid Services, U.S. health expenditures account for about 18% of U.S. GDP. Money spent per person on healthcare in the United States is more than...
(CI) Cigna Rating Affirmed by A.M. Best
As a part of its annual rating review process, rating agency A.M. Best undertook its rating action on CIGNA Corp. (CI). The action resulted in affirmation of the company’s issuer credit rating (ICR) of “bbb”...
(WLP) Health Insurers Cut Third Quarter Lobbying Costs
Most of the leading health insurance companies reduced their lobbying costs in the third quarter of 2011, compared with the second quarter, although many recorded a year-over-year increase.
6Dec2011 | vitalstocks | 0 comments | Continued(UNH) UnitedHealth Group Acquires Medicare Advantage Business
On Tuesday, UnitedHealthcare, a division of UnitedHealth Group (UNH), announced its plan to acquire XLHealth Corp, a sponsor of Medicare Advantage health plans. With this acquisition, the company is expected...
(LH) Laboratory Corporation of America Holdings Earnings Scorecard
The announcement of Laboratory Corporation of America Holdings’ (LH) third quarter fiscal 2011 results, as on October 20, 2011, has led analysts to revise their estimates lower for the fourth quarter and...
(MCO) Insurance Industry Stock Update – September 2011 – Industry Outlook
Despite a series of natural disasters and consequent above-average losses, the U.S. insurance industry could rebound only with help from rising rates and reduced pricing pressure. Though financials of U.S. insurance companies are still not strong enough to soak up losses from...
(FSR) Humana Rating Affirmed By A.M. Best
The rating agency A.M.Best Co. has affirmed the financial strength ratings (FSR) and the issuer credit ratings (ICR) of the health insurer Humana Inc. (HUM) and conferred a debt rating of “bbb” to the...
(CI) CIGNA Gets Customer-centric
In a bid to provide specialized customer service, health insurer CIGNA Corp. (CI) has announced a national brand campaign, with the theme “GO YOU”. The campaign chiefly focuses on providing user-friendly...
(LH) Laboratory Corporation of America Holdings-UnitedHealth Extend Pact
Last week, Laboratory Corporation of America Holdings (LH) announced that it has extended its agreement with UnitedHealthcare Insurance Company, an affiliate of UnitedHealth Group (
15Sep2011 | vitalstocks | 0 comments | Continued(CI) CIGNA Corporation – Bull of the Day
CIGNA Corp’s (CI) second quarter core earnings were fairly ahead of the Zacks Consensus Estimate, as well as the year-ago quarter’s earnings. Better-than-expected results were aided by strong earnings...
(CI) CIGNA Analyst Reiterates Shares at Outperform
We are reiterating our Outperform recommendation on the shares of CIGNA Corp. (CI) following the company’s second quarter results. Earnings of $1.53 per share outpaced the Zacks Consensus...
(CFS) Aetna Announces Acquisition of PayFlex
In an attempt to solidify its Consumer Fund Services (CFS) business, Aetna Inc. (AET) has entered into an agreement to acquire Omaha, NE-based Payflex Holdings Inc. in a $202 million deal.
The...
(AIZ) Assurant Suffers High Catastrophe Loss – Hurts Second Quarter Earnings
Assurant Inc. (AIZ) has reported second quarter 2011 operating earnings of 76 cents per share, missing the Zacks Consensus Estimate by 8 cents and significantly lagging the prior-year quarter’s earnings...
(CI) CIGNA Headquarters Shifted to Connecticut
Health insurer CIGNA Corp. (CI) recently revealed plans shift to its headquarters to Bloomfield, Connecticut after it was nominated to receive economic benefits from the state government in exchange for new...
(UNH) UnitedHealth Group Spends More on Lobbying
In a bid to lobby the Federal Government, Minnesota-based health insurer UnitedHealth Group (UNH) spent $660,000 during the first quarter of 2011, which was in line with the comparable period last year but...
(CI) CIGNA Cuts Lobbying Costs
Philadelphia-based managed care company CIGNA Corp.(CI) has reportedly spent $280,000 on lobbying the Federal Government during the first quarter of 2011. However, lobbying expenses in the reported quarter...
(AET) Aetna Takes Over Prodigy Health Group
Aetna Inc. (AET) has recently revealed that it has completed the acquisition of Prodigy Health Group, which was announced back in April.
New York-based Prodigy sells self funded plans to employers that...
(AET) Aetna Gets Approval From Centers for Medicare & Medicaid Services
Aetna Inc. (AET) has recently revealed that it has finally got green signal from the Centers for Medicare & Medicaid Services (CMS), to market its Medicare Advantage and Prescription Drug...
(CI) CIGNA Corporation – Bull of the Day
We are upgrading our recommendation on the shares of CIGNA Corp. (CI) to Outperform from Neutral on the back of improving enrollment expectations, expanding international business. Its first quarter core earning...
(WLP) WellPoint Quarterly Earnings Outshine – Company Increases Outlook
WellPoint Inc. (WLP) reported its first-quarter income from continuing operations of $891.0 million or $2.35 per share, surpassing the Zacks Consensus Estimate of $1.87. This also compares favorably with the...
(UNM) Unum Group Analyst Reiterates Shares at Neutral
Owing to unemployment and sluggish economic recovery that are expected to delay new business accrual and exert pressure on premium growth coupled with low interest rates that are expected to impact investment income and reserving practices, we reiterate out Neutral recommendation...
(WLP) WellPoint Provides 2011 Guidance
WellPoint Inc. (WLP), at its investor conference provided its guidance for full year 2011. The company reaffirmed its expectation of delivering net income of least $6.30 per share. The Zacks Consensus Estimates...
(AET) Aetna Beats Earnings Expectations – Raises Dividend
Aetna Inc.’s (AET) fourth quarter earnings of 63 cents per share came in a couple of pennies ahead of the Zacks Consensus Estimate. The company had earned 40 cents in the prior-year quarter.
Better-than-expected...
(UNH) Health Insurance Industry Outlook – Febuary 2011 – Industry Outlook
Health insurance companies finished 2010 strongly gaining from a drop in medical utilization by members, driven primarily by the extremely weak labor market. Bad weather also kept them indoors during the final quarter of the year. We believe utilization will remain soft in...
(HUM) Humana Quarterly Earnings Report Outshines Expectations
Humana Inc. (HUM) reported its fourth-quarter operating earnings (excluding special items) of $1.65 per share, surpassing the Zacks Consensus Estimate of 80 cents. This also compares favorably with earnings...
(HUM) Humana to Diversify – Agrees to Aquire Concentra
Amidst the concerns regarding funding cuts and the impact of the U.S. health care reform, Humana Inc. (HUM) has agreed to acquire Concentra, Inc. for $790 million in cash, to diversify and expand its footprint...
(CI) CIGNA Faces Standard & Poor’s Rating Action
Late last week, health insurance company CIGNA Corp. (CI) received a rating revision from Standard & Poor’s Ratings Services. The rating agency revised CIGNA’s financial rating outlook to “stable”...