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Cigna Corp (CI.N)

CI.N on New York Stock Exchange

130.34USD
26 Sep 2016
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$-0.66 (-0.50%)
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Latest Key Developments (Source: Significant Developments)

Us Justice Department files lawsuit against Anthem, Cigna in D.C. District court - court filing
Thursday, 21 Jul 2016 09:58am EDT 

US Justice Department files lawsuit against Anthem, Cigna In D.C. District Court - court filing (Reporting By Caroline Humer) ((caroline.humer@thomsonreuters.com;)):.  Full Article

Justice Department to sue to block Anthem-Cigna and Aetna-Humana deals - source
Tuesday, 19 Jul 2016 12:10pm EDT 

: Justice Department to sue to block Anthem-Cigna and Aetna-Humana deals, decision could be announced by end of next week - source (Reporting By Caroline Humer) ((caroline.humer@thomsonreuters.com;)).  Full Article

Anthem says not in talks with Cigna Corp to end merger - StreetInsider, citing Bloomberg
Tuesday, 28 Jun 2016 08:17am EDT 

:Anthem says not in talks with Cigna Corp to end merger - StreetInsider, citing Bloomberg.  Full Article

U.S. antitrust regulators have privately expressed concerns about Anthem-Cigna deal- WSJ
Sunday, 19 Jun 2016 07:12pm EDT 

: U.S. antitrust regulators have privately expressed concerns about Anthem's proposed acquisition of Cigna- WSJ, citing sources .U.S. antitrust regulators skeptical that the companies can offer concessions that would fully preserve competition in industry- WSJ, citing sources.  Full Article

Fitch maintains Cigna on rating watch negative
Friday, 27 May 2016 04:12pm EDT 

Fitch : Fitch maintains Cigna on rating watch negative .Negative watch status reflects fitch's expectation that anthem's post-acquisition financial leverage metrics will be meaningfully higher.  Full Article

Anthem gets approval for Cigna deal from Indiana Department of Insurance
Thursday, 26 May 2016 08:30am EDT 

Anthem Inc : Received final order from Indiana Department Of Insurance Commissioner, approving acquisition of Cigna healthcare of Indiana .Anthem receives approval for Cigna acquisition from Indiana Department Of Insurance.  Full Article

Cigna to reaffirm projected FY 2016 consolidated adjusted EPS from operations
Thursday, 26 May 2016 06:31am EDT 

Cigna Corp :To reaffirm projected full year 2016 consolidated adjusted income from operations per share, which remains in range of $8.95 to $9.35.  Full Article

Cigna Q1 adjusted operating earnings per share $2.32
Friday, 6 May 2016 06:12am EDT 

Cigna Corp : Cigna reports strong first quarter 2016 results, raises outlook . Q1 adjusted operating earnings per share $2.32 . Q1 revenue $9.9 billion versus i/b/e/s view $10 billion . Q1 earnings per share $2.00 . Q1 earnings per share view $2.15 -- Thomson Reuters I/B/E/S . Projected adjusted income from operations per share is now estimated to be in range of $8.95 to $9.35 in 2016 . Cigna corp sees total revenue to grow in mid single digit percentage range in 2016 . Sees for 2016, global medical customers low single digit percentage range growth . "now expects fy 2016 group disability and life adjusted income from operations to be somewhat lower than full year 2015 earnings results" . Timing of annual disability reserve review has been moved from q2 to q3 of 2016 . Global health care net medical costs payable was approximately $2.44 billion at march 31, 2016 and $2.11 billion at december 31, 2015 . Fy2016 earnings per share view $9.18, revenue view $40.08 billion -- Thomson Reuters I/B/E/S . Says expects consolidated adjusted income from operations per shareto be split relatively evenly between h1 and h2 of 2016 . Regarding the group disability and life business, cigna expects improved results over the balance of the year . Says given pending combination with anthem, it is unlikely that company will make further share repurchases in 2016.  Full Article

Cigna Corp gives FY 2016 guidance
Thursday, 4 Feb 2016 06:00am EST 

Cigna Corp:Expects FY 2016 consolidated revenue in mid-single digit percentage range.Expects FY 2016 consolidated adjusted income (loss) from High single digit percentage range.Expects FY 2016 consolidated adjusted income (loss) from $8.85 to 9.25.  Full Article

Cigna Corp says CMS to suspend enrollment of new customers of Cigna medicare advantage and standalone prescription drug plan contracts
Friday, 22 Jan 2016 08:41am EST 

Cigna Corp:CMS to impose sanctions suspending enrollment of new customers of all Cigna medicare advantage and standalone prescription drug plan contracts.Suspension does not impact current Cigna medicare advantage and medicare part d enrollees' benefits or plans - SEC filing.Says working to resolve matters as quickly as possible and is cooperating fully with cms on its review.Cms imposed sanctions due to deficiencies discovered with cigna's operations of its parts c and d appeals and grievances.Sanctions also due to deficiencies discovered with part d formulary and benefit administration, and compliance program.Cms' intent to impose intermediate sanctions also involves suspending marketing to new customers.  Full Article

BRIEF-Anthem and Cigna have accused one another of merger breach - Bloomberg

* Anthem and Cigna have accused one another of merger breach - Bloomberg Source text - (http://bloom.bg/2cR9knM) Further company coverage: (Bengaluru Newsroom)