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Aetna Inc (AET.N)

AET.N on New York Stock Exchange

178.51USD
16 Feb 2018
Change (% chg)

$1.34 (+0.76%)
Prev Close
$177.17
Open
$176.79
Day's High
$178.87
Day's Low
$176.79
Volume
651,865
Avg. Vol
659,284
52-wk High
$194.40
52-wk Low
$124.83

Latest Key Developments (Source: Significant Developments)

CVS Health Sees Q1 2018 Net Revenue Growth For Retail/LTC Between 4 Pct To 5.5 Pct
Thursday, 8 Feb 2018 08:57am EST 

Feb 8 (Reuters) - Cvs Health Corp ::CVS HEALTH SEES PHARMACY SERVICES NET REVENUE CHANGE OF 1.5 PERCENT TO 3.5 PERCENT FOR FULL-YEAR 2018 - PRESENTATION SLIDES‍​.CVS HEALTH CORP - SEES Q1 2018 NET REVENUE GROWTH FOR RETAIL/LTC BETWEEN 4 PERCENT TO 5.5 PERCENT.CVS HEALTH CORP - SEES Q1 2018 SAME-STORE SALES FOR RETAIL/LTC BETWEEN 4 PERCENT - 5.5 PERCENT.CVS HEALTH CORP SEES RETAIL/LTC NET REVENUE GROWTH OF 2.5 PERCENT TO 4.0 PERCENT FOR 2018‍​.CVS HEALTH CORP - SEES Q1 2018 NET REVENUE GROWTH FOR PHARMACY SERVICES BETWEEN 2 PERCENT TO 3.75 PERCENT.CVS HEALTH CORP SEES RETAIL/LTC SAME-STORE SALES OF 2.0% TO 3.5% FOR 2018‍​.CVS HEALTH CORP - SHARE REPURCHASES SUSPENDED FOR 2018 DUE TO AETNA TRANSACTION‍​.  Full Article

Aetna Says Co, CVS Received Request For Additional Information From The DOJ
Thursday, 1 Feb 2018 05:15pm EST 

Feb 1 (Reuters) - Aetna Inc ::AETNA INC - ON FEB 1, CO,CVS RECEIVED REQUEST FOR ADDITIONAL INFORMATION FROM THE DOJ.AETNA INC - DOJ'S REQUEST FOR ADDITIONAL INFORMATION IN CONNECTION WITH THE DOJ’S REVIEW OF TRANSACTIONS CONTEMPLATED BY CO'S MERGER WITH CVS HEALTH.AETNA INC - ‍CONTINUES TO PROJECT PROPOSED TRANSACTION WILL BE COMPLETED IN SECOND HALF OF 2018​.  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

CVS nears majority cash deal for Aetna - CNBC
Thursday, 30 Nov 2017 09:29am EST 

Nov 30 (Reuters) - :CVS NEARS MAJORITY CASH DEAL FOR AETNA THAT COULD VALUE INSURER AT BETWEEN $200 AND $205 PER SHARE; DEAL COULD BE ANNOUNCED BY MONDAY- CNBC, CITING DJ.  Full Article

Aetna Inc Files For Potential Mixed Shelf Offering
Thursday, 30 Nov 2017 08:23am EST 

Nov 30 (Reuters) - Aetna Inc ::AETNA INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING‍​.  Full Article

BRIEF-Craneware wins two contracts with U.S. healthcare firms ​

* ‍TWO SIGNIFICANT NEW CONTRACTS WITH HOSPITAL PROVIDERS IN US.​ Source text for Eikon: Further company coverage: (Reporting By UK Bureau)