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Cigna Corp (CI.N)

CI.N on New York Stock Exchange

174.23USD
21 Jul 2017
Change (% chg)

$-0.26 (-0.15%)
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Latest Key Developments (Source: Significant Developments)

Cigna sees FY2017 adjusted income from operations of $9.35/shr-$9.85/shr​
Wednesday, 21 Jun 2017 06:15am EDT 

June 21 (Reuters) - Cigna Corp ::Says ‍now expects full year 2017 adjusted income from operations per share in range of $9.35 to $9.85​.Cigna Corp - expect to reaffirm projected full year 2017 consolidated adjusted income from operations, which remains in range of $2.41 billion to $2.53 billion.FY 2017 earnings per share view $9.73 -- Thomson Reuters I/B/E/S.  Full Article

Omada Health announces fundraising of $50 mln
Wednesday, 14 Jun 2017 10:00am EDT 

June 14 (Reuters) - :Omada Health says raised $50 million in fundraising round led by Cigna Corp.Omada Health - In addition, Cigna will also grow its non-exclusive commercial partnership with Omada.Omada Health - Commercial collaboration to deliver chronic disease prevention to Cigna members.  Full Article

Cigna expects to reaffirm projected FY2017 consolidated adj. income from operations of $2.41-$2.53 bln
Friday, 26 May 2017 06:05am EDT 

May 26 (Reuters) - Cigna Corp :Cigna - Expect to reaffirm projected FY2017 consolidated adjusted income from operations of $2.41 billion-$2.53 billion in meetings with investors, analysts- SEC filing.  Full Article

Soros Fund Management dissolves share stake in Cigna Corp
Monday, 15 May 2017 05:43pm EDT 

May 15 (Reuters) - Soros Fund Management::Soros Fund Management dissolves share stake in Acuity Brands Inc - SEC filing.Soros Fund Management takes share stake of 5,200 shares in Buffalo Wild Wings Inc - SEC filing.Soros Fund Management dissolves share stake in Cigna Corp - SEC filing.Change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Cigna Corporation announces termination of Anthem transaction
Friday, 12 May 2017 03:15pm EDT 

May 12 (Reuters) - Cigna Corp ::Cigna Corporation announces termination of Anthem transaction.Says plans to immediately increase open market share repurchase activity as a result of termination of transaction.Says "seeks reverse termination fee and other damages from Anthem".Says Cigna expects to repurchase at least half of remaining authorization by December 31, 2017."Seeks prompt payment of $1.85 billion reverse termination fee" from Anthem.Cigna "will pursue our claims for additional damages of over $13 billion against Anthem".  Full Article

Anthem says Cigna is not entitled to termination fee
Friday, 12 May 2017 12:01pm EDT 

May 12 (Reuters) - Anthem Inc ::Anthem comments on decision of the Delaware Court of Chancery on acquisition of Cigna; terminates merger agreement.Anthem Inc - Anthem has delivered to Cigna a notice terminating merger agreement.Says Cigna is not entitled to a termination fee.  Full Article

Cigna reports Q1 EPS $2.30
Friday, 5 May 2017 06:00am EDT 

May 5 (Reuters) - Cigna Corp :Cigna reports strong first quarter 2017 results, raises outlook.Q1 adjusted operating earnings per share $2.77.Q1 revenue $10.4 billion versus I/B/E/S view $10.1 billion.Q1 earnings per share view $2.45 -- Thomson Reuters I/B/E/S.Q1 earnings per share $2.30.Global health care net medical costs payable was approximately $2.51 billion at March 31, 2017 and $2.26 billion at December 31, 2016.Adjusted income from operations now projected to grow in range of 15 pct to 20 pct, to $2.41 billion to $2.53 billion in 2017.Sees 2017 total revenue growth 3 pct to 4 pct.Sees 2017 global medical customer growth 500,000 - 600,000 customers.Sees full year total commercial medical care ratio 80.5 pct to 81.5 pct.Adjusted income from operations now projected in range $9.25 to $9.75 per share in 2017.FY2017 earnings per share view $9.53, revenue view $40.47 billion -- Thomson Reuters I/B/E/S.Q1 2017 shareholders' net income included special item of $132 million after-tax, or $0.51 per share.Sees full year global health care operating expense ratio 20.5 pct to 21.5 pct.Cigna corp-sees full year total government medical care ratio 85 pct to 86 pct.Sees full year total commercial medical care ratio 80.5 pct to 81.5 pct.  Full Article

Anthem responds to U.S. Court of appeals decision on acquisition of Cigna
Friday, 28 Apr 2017 04:42pm EDT 

April 28 (Reuters) - Anthem Inc -:Anthem responds to U.S. Court of appeals decision on acquisition of Cigna.Says "is disappointed by today's decision".Says "currently reviewing opinion and will carefully evaluate our options.".  Full Article

Cigna decides to postpone Investor Day
Wednesday, 1 Mar 2017 08:31am EST 

Anthem Inc :Cigna says in light of recently announced schedule in appeal of court's ruling to enjoin proposed merger with Anthem, co decided to postpone investor day.  Full Article

Eric Palmer to succeed Tom McCarthy as Cigna CFO
Thursday, 23 Feb 2017 10:16am EST 

Cigna Corp : Cigna names four proven and tenured leaders to executive team . CFO McCarthy to retire summer 2017; Palmer named successor . Promoted three key leaders to its enterprise leadership team (ELT) effective immediately . Says a fourth executive will join ELT later this year upon departure of current chief financial officer . New appointments include Christopher Hocevar, Michael Triplett, Alan Muney And Eric Palmer .Eric Palmer, who becomes deputy chief financial officer, will join ELT as Cigna's CFO this summer upon retirement of current CFO Tom Mccarthy.  Full Article

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Cigna stays in Obamacare for now; Anthem reduces participation

NEW YORK U.S. healthcare insurer Cigna Corp said on Wednesday it will continue to offer individual coverage under Obamacare for now while rival Anthem Inc announced it was shrinking its participation, amid uncertainty over the fate of the government-subsidized program.