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Athenahealth CEO Weighs In On ACE-Chubb Merger
Wednesday, July 1, 2015 - 11:43am | 360ACE Limited (NYSE: ACE) announced earlier on Wednesday that it will be acquiring Chubb Corp (NYSE: CB) in a $28.3 billion cash and stock deal. CEO Jonathan Bush, athenahealth, Inc (NASDAQ: ATHN), was on Fox Business News recently to weigh in on this deal. Mature Industry Sectors' Companies Need...
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Jefferies Raises PT On Cigna Corporation To $56
Friday, May 6, 2011 - 7:19am | 27Jefferies & Company has raised the price target on Cigna Corporation (NYSE: CI) from $52 to $56 and maintains its Buy rating.
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Goldman Sachs Increases PT On Cigna Corporation To 60$, Maintains Buy (CI)
Friday, May 6, 2011 - 6:32am | 125Goldman Sachs increased its price target on Cigna Corporation (NYSE: CI) from $56 to $60. In a research report published today, Goldman named better than expected Q1 earnings results, which also led to an upgrade in Goldman's EPS estimate, as a reason for increasing its price target on Cigna. In...
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Citi Analyzes CI Investor Day
Tuesday, March 15, 2011 - 8:18am | 114Citi is providing some analysis on the CIGNA Corporation (NYSE: CI) investor day. “CIGNA argued that their pricing hasn't been overly aggressive,” Citi writes. “Still, it's hard to get comfortable, considering that CIGNA was the only plan to grow risk membership last year, while CIGNA is routinely...
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J.P. Morgan Comments On CI Investors Day
Monday, March 14, 2011 - 8:18am | 191On Friday, CIGNA Corporation (NYSE: CI) held an investor day, reiterating the already established key '11 guidance points and also setting a long-term EPS growth target at 10-13%, J.P. Morgan reports. J.P. Morgan said that among some of the key themes it noted: “1) The International business...
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CIGNA's 4Q Not Strong, Citigroup Waiting To Hear On Pension Liability
Thursday, February 3, 2011 - 9:35am | 114Citigroup has published a research report on CIGNA Corporation (NYSE: CI) after finding the company's 4Q not as strong as analysts would have preferred. In the report, Citigroup writes "The company reported operating earnings of $1.15 per share (versus the $1.00 consensus), but results included a...
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Goldman Sachs Reaffirms CIGNA Buy Rating And $45 PT
Thursday, December 9, 2010 - 10:19am | 40Following meetings with CIGNA Corporation (NYSE: CI) management, Goldman Sachs said that it has reaffirmed its CL-Buy on CIGNA and maintains its 2010-2012 EPS and $45 price target. CIGNA Corporation closed Wednesday at $36.93.
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CIGNA's CFO Departs Unexpectedly
Thursday, September 2, 2010 - 10:27am | 129CIGNA Corporation (NYSE: CI) has announced the immediate departure of its CFO, and plans to fill the spot with current Treasurer until a permanent replacement can be found, JP Morgan reports. The departing CFO had a brief tenure (15 months) and JP Morgan believes the change was driven partly by the...
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CIGNA Searching For New CFO
Thursday, September 2, 2010 - 9:22am | 113CIGNA Corporation (NYSE: CI) has announced its CFO and EVP, Annmarie Hagan will be leaving her position effective immediately, and current treasurer Thomas McCarthy will act as CFO (also effective immediately) until the position can be filled permanently, according to Deutsche Bank. Hagan has only...
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Insurers Fall As Congress Eyes WellPoint (WLP) Rate Hikes
Tuesday, February 16, 2010 - 12:48pm | 132Shares of WellPoint, Inc. (NYSE: WLP) have fallen nearly 5% after the health insurance company canceled its investor day as Congress looks into the company's plan to raise the insurance rates of hundreds of thousands of Californians by as much as 39%. WellPoint said that the House Energy and...