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Cigna Corp (CI.N)

CI.N on New York Stock Exchange

201.99USD
21 Nov 2017
Change (% chg)

$2.58 (+1.29%)
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Latest Key Developments (Source: Significant Developments)

Cigna reports Q3 earnings of $2.21/shr
Thursday, 2 Nov 2017 06:00am EDT 

Nov 2 (Reuters) - Cigna Corp :Cigna reports strong third quarter 2017 results, raises outlook.Q3 earnings per share $2.21.Q3 earnings per share view $2.36 -- Thomson Reuters I/B/E/S.Q3 revenue $10.4 billion versus I/B/E/S view $10.18 billion.Q3 adjusted operating earnings per share $2.83.Sees FY 2017 adjusted operating earnings per share $10.20 to $10.40.Cigna Corp sees ‍ 2017 full year total commercial medical care ratio 80 percent to 81 percent​.Cigna corp sees ‍ 2017 total revenue growth of approximately 4 percent​.Cigna corp sees 2017 total government medical care ratio ‍​ 84.5 percent to 85.5 percent.FY 2017 earnings per share view $10.03, revenue view $41.06 billion -- Thomson Reuters I/B/E/S.Cigna Corp - ‍Q3 shareholders' net income included special item charges of $215 million after-tax, or $0.85 per share​.Cigna Corp - ‍global health care net medical costs payable was approximately $2.52 billion at September 30, 2017 and $2.26 billion at December 31, 2016​.Cigna - ‍charges of $215 million after-tax, or $0.85 per share in quarter predominantly associated with early extinguishment of debt​.FY 2017 earnings per share view $10.03, revenue view $41.06 billion -- Thomson Reuters I/B/E/S.Cigna Corp sees ‍2017 full year global health care operating expense ratio approximately 21 percent​.  Full Article

Cigna says early extinguishment of 1 bln debt to result in one-time after-tax expense
Friday, 29 Sep 2017 04:47pm EDT 

Sept 29 (Reuters) - Cigna Corp :Cigna- Early extinguishment of 1 billion debt to result in one-time after-tax expense of about $210 million to be reported in fiscal quarter ending Sept 30, 2017.Cigna Corp- Charge will not impact company's projected consolidated adjusted income from operations for full year 2017 - SEC filing.  Full Article

India's Cigna TTK Health Insurance says gets regulator nod for raising Cigna Corp stake in JV
Thursday, 28 Sep 2017 10:46am EDT 

Sept 28 (Reuters) - * India's Cigna TTK Health Insurance Says Gets Insurance Regulator Nod For Increasing Cigna Corp's stake in JV to 49 percent from 26 percent:.  Full Article

Rennova Health's Labs win appeal in the Eleventh Circuit Court Of Appeals in CIGNA suit
Monday, 25 Sep 2017 09:20am EDT 

Sept 25 (Reuters) - Rennova Health Inc ::Rennova Health's Labs win appeal in the Eleventh Circuit Court Of Appeals in CIGNA suit.Rennova Health Inc - ‍received a favorable decision from Eleventh Circuit Court Of Appeals reversing an earlier decision by U.S. District Court​.  Full Article

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 tops profit estimates on low member medical costs

Cigna Corp on Thursday said low member medical costs, particularly related to hospitalizations and prescription drugs, drove better-than-expected third-quarter profits and would continue in 2018.