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United States

Cigna Corp (CI.N)

CI.N on New York Stock Exchange

168.87USD
21 Mar 2019
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Latest Key Developments (Source: Significant Developments)

Brian Evanko Reports Purchase Of 2,000 Cigna Shares
Wednesday, 13 Mar 2019 05:51pm EDT 

March 13 (Reuters) - Brian Evanko ::BRIAN EVANKO REPORTS OPEN-MARKET PURCHASE OF 2,000 CIGNA SHARES AT AVERAGE. PRICE OF $163.4 PER SHARE ON MARCH 11 - SEC FILING.  Full Article

Emmaus Life Sciences Signs Agreement With Express Scripts
Monday, 11 Mar 2019 07:30am EDT 

March 11 (Reuters) - Cigna Corp ::EMMAUS LIFE SCIENCES SIGNS AGREEMENT WITH EXPRESS SCRIPTS.  Full Article

Cigna - Is Responding To Information Requests Received From U.S. DOJ Related To Review Of Medicare Advantage Organizations' Risk Adjustment Practices
Thursday, 28 Feb 2019 06:56pm EST 

Feb 28 (Reuters) - Cigna Corp ::CIGNA - IS RESPONDING TO INFORMATION REQUESTS RECEIVED FROM U.S. DOJ RELATED TO REVIEW OF MEDICARE ADVANTAGE ORGANIZATIONS' RISK ADJUSTMENT PRACTICES.  Full Article

Cigna Corp Reaffirms Projected FY2019 Consolidated Adjusted Income From Operations
Tuesday, 26 Feb 2019 05:27am EST 

Feb 26 (Reuters) - Cigna Corp ::CIGNA - REAFFIRMING PROJECTED FULL YEAR 2019 CONSOLIDATED ADJUSTED INCOME FROM OPERATIONS, WHICH REMAINS IN THE RANGE OF $6.2 BILLION TO $6.4 BILLION.  Full Article

Express Scripts Canada Announces Renewal Of Its Relationship With iA Financial Group
Thursday, 21 Feb 2019 08:00am EST 

Feb 21 (Reuters) - Cigna Corp ::EXPRESS SCRIPTS CANADA - ANNOUNCED RENEWAL OF ITS RELATIONSHIP WITH IA FINANCIAL GROUP FOR PRESCRIPTION DRUG CLAIM MANAGEMENT SERVICES.  Full Article

IBM Says Cigna And Sentara Healthcare Join New Health Utility Network Using Blockchain
Wednesday, 13 Feb 2019 11:30am EST 

Feb 13 (Reuters) - International Business Machines Corp ::CIGNA AND SENTARA HEALTHCARE EXPAND BLOCKCHAIN-BASED ECOSYSTEM FOR HEALTHCARE INDUSTRY - ALONG WITH AETNA, ANTHEM, HEALTH CARE SERVICE CORPORATION, PNC BANK AND IBM.IBM - CIGNA AND SENTARA HEALTHCARE HAVE JOINED A NEW HEALTH UTILITY NETWORK USING BLOCKCHAIN.  Full Article

Cigna Corp Qtrly Total Revenue $14,300 Mln Vs $10,632 Mln
Friday, 1 Feb 2019 06:00am EST 

Feb 1 (Reuters) - Cigna Corp ::CIGNA DELIVERS STRONG 2018 RESULTS AS IT COMPLETES EXPRESS SCRIPTS TRANSACTION; COMPANY POSITIONED FOR SIGNIFICANT GROWTH.QTRLY TOTAL REVENUE $14,300 MILLION VERSUS $10,632 MILLION.CIGNA - ADJUSTED REVENUES ARE EXPECTED TO GROW TO A RANGE OF $131.5 BILLION TO $133.5 BILLION IN 2019.QTRLY EARNINGS PER SHARE $0.55.QTRLY ADJUSTED. EARNINGS PER SHARE $2.46.Q4 EARNINGS PER SHARE VIEW $2.42, REVENUE VIEW $11.59 BILLION -- REFINITIV IBES DATA.ADJUSTED INCOME FROM OPERATIONS IS PROJECTED TO BE IN RANGE OF $6.2 BILLION TO $6.4 BILLION IN 2019.2019 ADJUSTED INCOME FROM OPERATIONS IS PROJECTED TO BE IN RANGE OF $16.00 TO $16.50 PER SHARE.FY2019 EARNINGS PER SHARE VIEW $16.74, REVENUE VIEW $133.60 BILLION -- REFINITIV IBES DATA.SEES 2019 MEDICAL CARE RATIO OF 80.5% TO 81.5%.SEES 2019 MEDICAL CUSTOMER GROWTH OF 300,000 TO 400,000 CUSTOMERS.RECORDED TRANSACTION-RELATED COSTS $402 MILLION IN QUARTER.  Full Article

Anthem Reports Q4 Adjusted Earnings Per Share $2.44
Wednesday, 30 Jan 2019 06:00am EST 

Jan 30 (Reuters) - Anthem Inc ::ANTHEM REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS REFLECTING STRONG CORE PERFORMANCE.Q4 ADJUSTED EARNINGS PER SHARE $2.44.Q4 EARNINGS PER SHARE $1.61.Q4 EARNINGS PER SHARE ESTIMATE $2.20 -- REFINITIV IBES DATA.Q4 REVENUE $23.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $23.35 BILLION.FULL YEAR 2019 NET INCOME IS EXPECTED TO BE GREATER THAN $18.00 PER SHARE.FULL YEAR 2019 ADJUSTED NET INCOME IS EXPECTED TO BE GREATER THAN $19.00 PER SHARE.FULL YEAR 2019 MEDICAL MEMBERSHIP IS EXPECTED TO BE IN RANGE OF 40,900,000 - 41,300,000.QUARTERLY DIVIDEND INCREASED BY 6.7% TO $0.80 PER SHARE.QTRLY MEDICAL ENROLLMENT DECLINED BY 361 THOUSAND MEMBERS FROM 40.3 MILLION MEMBERS AT DECEMBER 31, 2017.FULL YEAR 2019 OPERATING REVENUE IS EXPECTED TO BE APPROXIMATELY $100.0 BILLION, INCLUDING PREMIUM REVENUE OF $90.5 BILLION - $92.5 BILLION.FULL YEAR 2019 BENEFIT EXPENSE RATIO IS EXPECTED TO BE IN RANGE OF 86.2% PLUS OR MINUS 30 BASIS POINTS.FULL YEAR 2019 FULLY-INSURED MEMBERSHIP IS EXPECTED TO BE IN RANGE OF 15,500,000 - 15,700,000.FY2019 EARNINGS PER SHARE VIEW $17.61, REVENUE VIEW $97.65 BILLION -- REFINITIV IBES DATA.BENEFIT EXPENSE RATIO WAS 86.8 PERCENT IN Q4, DOWN 180 BASIS POINTS FROM 88.6 PERCENT IN PRIOR YEAR QUARTER.FULL YEAR 2019 SELF-FUNDED MEMBERSHIP IS EXPECTED TO BE IN RANGE OF 25,400,000 - 25,600,000.ANTICIPATES LOCAL GROUP MEDICAL COST TREND WILL BE IN RANGE OF 6.0% +/- 50 BPS IN 2019.INGENIORX NOW SCHEDULED TO LAUNCH IN 2Q 2019.  Full Article

Cigna Corp Intends To Affirm Express Scripts Holding's Expectation For Growth In Core Business Adjusted Claims In 2019
Monday, 7 Jan 2019 06:30am EST 

Jan 7 (Reuters) - :CIGNA CORP - INTENDS TO AFFIRM EXPRESS SCRIPTS HOLDING CO'S EXPECTATION FOR GROWTH OF 2% TO 3% IN CORE BUSINESS ADJUSTED CLAIMS IN 2019.CIGNA CORP - CO AND OPTUMRX HAVE ENTERED INTO MUTUAL AGREEMENT FOR TRANSITION OF PHARMACY BENEFIT MANAGEMENT SERVICES CURRENTLY PROVIDED BY OPTUMRX.CIGNA - EXPECT TO DISCLOSE EXPECTATIONS FOR 2019 GROWTH , WITH GLOBAL MEDICAL CUSTOMER GROWTH OF 300,000 TO 400,000 CUSTOMERS OVER 2018 - SEC FILING.CIGNA CORP - ALL SERVICES EXPECTED TO BE TRANSITIONED AND COMPLETED BY DECEMBER 31, 2020.CIGNA CORP - GROWTH IN 2019 EXPECTATIONS INCLUDE MID-SINGLE DIGIT PERCENT GROWTH IN INDIVIDUAL MEDICARE ADVANTAGE CUSTOMERS OVER YEAR-END 2018.  Full Article

Cigna Says Receives All Required Regulatory Approvals For Express Scripts Deal
Wednesday, 19 Dec 2018 10:53am EST 

Dec 19 (Reuters) - Cigna Corp ::CIGNA CORP - CO, EXPRESS SCRIPTS RECEIVED REGULATORY APPROVAL FROM STATE OF NEW JERSEY FOR MERGER.CIGNA CORP - ALL REQUIRED REGULATORY APPROVALS FOR THE DEAL NOW HAVE BEEN RECEIVED AND PARTIES EXPECT TO CLOSE TRANSACTION ON DECEMBER 20, 2018.  Full Article

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CVS, Walmart resolve pharmacy contract impasse

Walmart Inc , the world's largest retailer, will remain part of CVS Health Corp's network for commercial and Medicaid pharmacy customers, the companies said on Friday, breaking a contract impasse disclosed earlier this week.