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Aetna Inc (AET.N)

AET.N on New York Stock Exchange

177.34USD
23 May 2018
Change (% chg)

$0.13 (+0.07%)
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Latest Key Developments (Source: Significant Developments)

Aetna Says Recorded Operating Expense Of $233 Mln For March Quarter
Tuesday, 1 May 2018 07:30am EDT 

May 1 (Reuters) - Aetna Inc ::AETNA INC SAYS RECORDED OPERATING EXPENSE OF $233 MILLION FOR MARCH QUARTER, RELATED TO ESTIMATED SHARE OF 2018 HEALTH INSURER FEE - SEC FILING.  Full Article

Aetna Reports Q1 Earnings Per Share $3.67
Tuesday, 1 May 2018 06:30am EDT 

May 1 (Reuters) - Aetna Inc ::AETNA REPORTS FIRST-QUARTER 2018 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $3.19.Q1 EARNINGS PER SHARE $3.67.Q1 REVENUE $15.3 BILLION VERSUS I/B/E/S VIEW $15.29 BILLION.Q1 EARNINGS PER SHARE VIEW $2.97 -- THOMSON REUTERS I/B/E/S.QTRLY HEALTH CARE MEDICAL BENEFIT RATIO 80.4 PERCENT VERSUS 82.5 PERCENT REPORTED LAST YEAR.MEDICAL MEMBERSHIP TOTALED 22.1 MILLION AT MARCH 31, 2018 VERSUS 22.2 MILLION AT DECEMBER 31, 2017.AETNA - EFFECTIVE FOR Q1, CO REALIGNED BUSINESS SEGMENTS TO CORRESPOND WITH CHANGES TO ITS MANAGEMENT STRUCTURE & INTERNAL MANAGEMENT REPORTING.AETNA - OPERATIONS ARE NOW CONDUCTED IN THE HEALTH CARE REPORTABLE SEGMENT.AETNA - IN Q1, CO "EXPERIENCED FAVORABLE DEVELOPMENT OF PRIOR YEARS' HEALTH CARE COST ESTIMATES IN ITS COMMERCIAL, MEDICARE AND MEDICAID PRODUCTS".  Full Article

Aetna settles New York claims it revealed members' HIV status
Tuesday, 23 Jan 2018 02:30pm EST 

Jan 23 (Reuters) - New york attorney general announces settlement with aetna over privacy breach of new york members’ hiv status :.  Full Article

Aetna Enhances Accountable Care Product In Connecticut With Trinity Health Of New England
Thursday, 18 Jan 2018 11:00am EST 

Jan 18 (Reuters) - Aetna Inc ::AETNA ENHANCES ACCOUNTABLE CARE PRODUCT IN CONNECTICUT WITH TRINITY HEALTH OF NEW ENGLAND.AETNA INC - ‍ANNOUNCED AN ENHANCED ACCOUNTABLE CARE PRODUCT, AETNA WHOLE HEALTH (SM) VALUE CARE ALLIANCE AND TRINITY HEALTH OF NEW ENGLAND​.  Full Article

Aetna Says California Department Of Health Care Services Approves Aetna's Participation In Medi-Cal
Thursday, 11 Jan 2018 12:00pm EST 

Jan 11 (Reuters) - Aetna Inc ::AETNA INC - CALIFORNIA DEPARTMENT OF HEALTH CARE SERVICES HAS APPROVED AETNA'S PARTICIPATION IN MEDI-CAL, STATE'S MEDICAID MANAGED CARE PROGRAM.  Full Article

CVS Health Provides 2018 Outlook
Thursday, 4 Jan 2018 06:55am EST 

Jan 4 (Reuters) - CVS Health Corp ::CVS HEALTH PROVIDES 2018 OUTLOOK.CVS HEALTH CORP - FOR FULL-YEAR 2018, COMPANY EXPECTS TO DELIVER CONSOLIDATED NET REVENUE GROWTH OF 0.75 PCT TO 2.5PCT.CVS HEALTH CORP - EXPECTS NET INTEREST EXPENSE IN A RANGE OF $2.0 BILLION TO $2.3 BILLION IN 2018.CVS HEALTH CORP - ADDITIONALLY, COMPANY REVISED ITS OUTLOOK FOR Q4 OF 2017.CVS HEALTH CORP - EXPECTS ITS EFFECTIVE TAX RATE TO BE ABOUT 27PCT IN 2018.CVS HEALTH CORP - FOR FULL-YEAR 2018, CO EXPECTS ADJUSTED CONSOLIDATED OPERATING PROFIT GROWTH OF 1PCT TO 4PCT.CVS HEALTH CORP - EXPECTS TO MEANINGFULLY BENEFIT IN Q4 FROM TAX CUTS AND JOBS ACT​.CVS HEALTH SAYS WILL BENEFIT FROM RECENT U.S. TAX REFORM SIGNED INTO LAW LAST MONTH.CVS HEALTH CORP - ‍ NOW SEES A MID-TEENS GROWTH RATE IN Q4 2017, ABOUT 4 PERCENT FOR FULL YEAR FOR PHARMACY SERVICES SEGMENT'S ADJUSTED OPERATING PROFIT​.CVS HEALTH- FOR Q4 EXPECTS TO DELIVER ADJUSTED CONSOLIDATED OPERATING PROFIT GROWTH, ADJUSTED EPS AT LOWER END OF RESPECTIVE RANGES PROVIDED DURING Q3 2017.CVS HEALTH CORP - ‍CONTINUES TO EXPECT Q4 OPERATING PROFIT FROM ITS RETAIL/LTC SEGMENT TO BE AT HIGH END OF ITS PREVIOUSLY-PROVIDED RANGE​.CVS HEALTH SAYS CONTINUES TO EXPECT PENDING ACQUISITION OF AETNA TO CLOSE DURING SECOND HALF OF 2018.  Full Article

CVS Health Says On Dec 15, Co Entered Into Term Loan Agreement Providing For Total Term Loan Commitments In Aggregate Principal Amount Of $5.0 Bln
Tuesday, 19 Dec 2017 05:36pm EST 

Dec 19 (Reuters) - CVS Health Corp ::CVS HEALTH - ON DEC 15, CO ENTERED INTO TERM LOAN AGREEMENT PROVIDING FOR TOTAL TERM LOAN COMMITMENTS IN AGGREGATE PRINCIPAL AMOUNT OF $5.0 BILLION.CVS HEALTH SAYS THE TERM LOAN AGREEMENT WAS ENTERED INTO IN CONNECTION WITH PREVIOUSLY ANNOUNCED PROPOSED MERGER OF CO WITH AETNA INC.CVS HEALTH SAYS TERM LOAN FACILITY UNDER TERM LOAN AGREEMENT CONSISTS OF A $3 BILLION 3-YEAR TRANCHE AND A $2 BILLION 5-YEAR TRANCHE - SEC FILING.  Full Article

Moody's says CVS-Aetna merger would have negative implications for other health care companies‍​
Monday, 4 Dec 2017 07:36pm EST 

Dec 4 (Reuters) - :Moody's: CVS-Aetna merger would have negative implications for other health care companies‍​.  Full Article

Aetna ‍Declared A Quarterly Cash Dividend Of $0.50 Per Share On Company's Common Stock​
Monday, 4 Dec 2017 07:02am EST 

Dec 4 (Reuters) - Aetna Inc ::AETNA INC - ‍DECLARED A QUARTERLY CASH DIVIDEND OF $0.50 PER SHARE ON COMPANY'S COMMON STOCK​.  Full Article

CVS Health to acquire Aetna in $69 bln deal
Sunday, 3 Dec 2017 06:15pm EST 

Dec 3 (Reuters) - Cvs Health Corp ::CVS HEALTH TO ACQUIRE AETNA; COMBINATION TO PROVIDE CONSUMERS WITH A BETTER EXPERIENCE, REDUCED COSTS AND IMPROVED ACCESS TO HEALTH CARE EXPERTS IN HOMES AND COMMUNITIES ACROSS THE COUNTRY.‍AETNA SHAREHOLDERS WILL RECEIVE $145.00 PER SHARE IN CASH AND 0.8378 CVS HEALTH SHARES FOR EACH AETNA SHARE​.‍TRANSACTION VALUES AETNA AT APPROXIMATELY $207 PER SHARE OR APPROXIMATELY $69 BILLION​.‍INCLUDING ASSUMPTION OF AETNA'S DEBT, TOTAL VALUE OF TRANSACTION IS $77 BILLION​.‍DEAL UNANIMOUSLY APPROVED TODAY BY BOARDS OF DIRECTORS OF EACH COMPANY​.‍DEAL EXPECTED TO GENERATE LOW- TO MID-SINGLE DIGIT ACCRETION IN SECOND FULL YEAR AFTER CLOSE OF TRANSACTION​.‍DEAL TO DELIVER $750 MILLION IN NEAR-TERM SYNERGIES​.‍UPON CLOSING OF TRANSACTION, AETNA SHAREHOLDERS WILL OWN ABOUT 22% OF COMBINED CO; CVS HEALTH SHAREHOLDERS WILL OWN ABOUT 78%​.‍EACH OUTSTANDING SHARE OF AETNA COMMON STOCK WILL BE EXCHANGED FOR $145.00 IN CASH AND 0.8378 SHARES OF CVS HEALTH COMMON STOCK​.‍INTENDS TO FUND CASH PORTION OF TRANSACTION THROUGH A COMBINATION OF EXISTING CASH ON HAND AND DEBT FINANCING​.‍BARCLAYS, GOLDMAN SACHS AND BANK OF AMERICA MERRILL LYNCH ARE PROVIDING $49 BILLION OF FINANCING COMMITMENTS​.‍TRANSACTION IS NOT CONTINGENT UPON RECEIPT OF FINANCING​.‍UPON DEAL CLOSING , 3 OF AETNA'S DIRECTORS, INCLUDING AETNA'S CHAIRMAN AND CEO MARK T. BERTOLINI, WILL BE ADDED TO CVS HEALTH BOARD OF DIRECTORS​.  Full Article

Aetna, still looking for scapegoat in HIV disclosure fiasco, sues plaintiffs firms

Aetna has intensified its search for someone else to blame for a settlement notification fiasco that has so far put the company on the hook for nearly $20 million.