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Cigna Corp (CI.N)

CI.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Cigna announces tender offers for up to $1 bln in aggregate principal amount of certain series of its outstanding senior notes
Tuesday, 5 Sep 2017 09:20am EDT 

Sept 5 (Reuters) - Cigna Corp ::Cigna announces tender offers for up to $1 billion in aggregate principal amount of certain series of its outstanding senior notes.Cigna Corp - ‍tender offers will expire at 11:59 p.m., New York City time, on October 2, 2017​.Cigna Corp- commenced an offer to purchase for cash up to aggregate maximum principal amount of its outstanding 8.300% notes due 2023.Cigna Corp- also commenced an offer to purchase 7.650% notes due 2023, 7.875% debentures due 2027, 8.300% step down notes due 2033.Cigna Corp- also commenced an offer to purchase 6.150% notes due 2036, 5.875% notes due 2041 and 5.375% notes due 2042.  Full Article

Cigna files preliminary prospectus supplement for potential senior notes offering
Tuesday, 5 Sep 2017 09:05am EDT 

Sept 5 (Reuters) - Cigna Corp ::Cigna Corp files preliminary prospectus supplement for potential senior notes offering; size not disclosed - SEC filing‍​.  Full Article

Cigna says to reaffirm projected FY 2017 consolidated adjusted income from operations, which remains in range of $2.50 - $2.58 bln - SEC Filing
Monday, 28 Aug 2017 06:21am EDT 

Aug 28 (Reuters) - Cigna Corp :Cigna Corp says to reaffirm projected FY 2017 consolidated adjusted income from operations, which remains in range of $2.50 - $2.58 billion - SEC Filing.  Full Article

Cigna files for potential mixed shelf
Friday, 4 Aug 2017 05:40pm EDT 

Aug 4 (Reuters) - Cigna Corp -:Cigna Corp files for potential mixed shelf, size not disclosed - sec filing‍​.  Full Article

Cigna Corp Q2 adjusted operating earnings per share $2.91
Friday, 4 Aug 2017 06:00am EDT 

Aug 4 (Reuters) - Cigna Corp :Cigna reports strong second quarter 2017 results, raises outlook.Q2 adjusted operating earnings per share $2.91.Q2 revenue $10.3 billion versus I/B/E/S view $10.27 billion.Q2 earnings per share view $2.48 -- Thomson Reuters I/B/E/S.Q2 earnings per share $3.15.Sees FY 2017 adjusted operating earnings per share $9.75 to $10.05.Cigna Corp sees ‍2017 total revenue growth 3% to 4%​.Cigna Corp - sees 2017 total government medical care ratio ‍84.5% to 85.5%​.Cigna Corp sees FY total commercial medical care ratio ‍80.5% to 81.5%​.Cigna Corp - sees 2017 global health care operating expense ratio ‍20.5% to 21.5%​.Cigna Corp qtrly global health care net medical costs payable was approximately $2.59 billion at June 30, 2017 and $2.26 billion at December 31, 2016‍​.Cigna Corp sees 2017 ‍global medical customer growth between 500,000 to 600,000 customers​.Cigna Corp - ‍Q2 2017 shareholders' net income included a special item benefit of $47 million after-tax, or $0.18 per share​.Cigna Corp - ‍Q2 2017 shareholders' net income included a special item associated with terminated merger agreement with Anthem​.FY2017 earnings per share view $9.79, revenue view $41.10 billion -- Thomson Reuters I/B/E/S.  Full Article

Interpace Diagnostics says Cigna agreed to cover co's ThyGenx test for Cigna members
Thursday, 27 Jul 2017 08:00am EDT 

July 27 (Reuters) - Cigna Corp :Interpace diagnostics group inc - cigna agreed to cover interpace's thygenx test for cigna members nationwide, with coverage effective immediately.  Full Article

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

Fitch Rates Cigna Corporations Debt Issue 'BBB+'

(The following statement was released by the rating agency) CHICAGO, September 05 (Fitch) Fitch Ratings has assigned a 'BBB+' rating to 10- and 30-year senior unsecured notes issued by Cigna Corporation (Cigna). The new notes will be used to fund a tender offer of seven series of outstanding senior notes as well as prefund debt maturing in early 2018. The ratings are equivalent to Fitch's ratings on Cigna's currently outstanding senior notes. KEY RATING DRIVERS Cigna is issuing up to $1.6 billio