Blue Cross- Blue Shield carrier Anthem Inc. is attempting to buy Cigna Corp. for $48 billion. The deal would have given Aetna the opportunity to significantly expand its presence in Medicare Advantage coverage, which involves privately run versions of the federal Medicare program for people who are over 65 or disabled. Regulators worried, in particular, about...
NEW YORK— Humana and Aetna call off $34 billion buyout, citing "current environment".
Humana, Aetna, Credit Suisse, and Popeyes stocks are making headlines this Valentine's day.
Aetna and Humana announce that their proposed merger agreement has been mutually terminated.
TOKYO— Stock markets in Europe and Asia were subdued Tuesday as investors awaited comments by Federal Reserve chair Janet Yellen for signs on the pace of interest rate increases in the world's largest economy. KEEPING SCORE: Germany's DAX was flat at 11,774 and the CAC40 of France was up 0.1 percent at 4,892. The FTSE 100 of Britain was also 0.1 percent higher, at...
Anthem will appeal a federal court ruling rejecting its $54 billion merger with Cigna and asked for an expedited hearing to make its case.
A federal judge ruled against U.S. health insurer Anthem's proposed $54 billion merger with smaller rival Cigna.
SACRAMENTO, Calif.— Predicting diminished competition and likely higher costs, a federal judge rejected Anthem Inc.' s bid to buy rival health insurer Cigna Corp.. Last month, another federal judge rejected Aetna's roughly $34- billion bid to buy rival Humana, citing in part concerns about competition in hundreds of Medicare advantage markets.
The ruling marks another victory for anti-trust officials, who sued the companies in July last year to stop the deal.
U.S. equities traded mixed as investors continued to evaluate the latest policies from the White House.
Aetna Chief Mark Bertolini also said the insurer is weighing its options after a judge blocked its proposed $37 billion merger with Humana.
The No. 3 U.S. health insurer's total revenue rose about 5 percent to $15.73 billion but was below expectations.
Aetna CEO Mark Bertolini speaks with CNBC's Bertha Coombs about the risks of the Affordable Care Act for the company and the potential for repeal and replacement of the law.
The Fed kicks off a two-day meeting Tuesday, but it may end up being a day where earnings reports matter most.
Stocks notched their worst day of 2017, as a new measure taken by the Trump administration on immigration sent jitters through the market.
With hopes for megamergers dashed and Obamacare-fueled growth in question, investors need answers from health insurers.
Markets will be busy with economic reports and earnings, but Washington could continue to dominate.
Here's why the congressman's Cabinet nomination has raised flags for ethics experts, Vox reports.
Aetna officially responds to the judge's decision to block the Aetna-Humana merger.
The judge in the Aetna-Humana merger case rejects the proposed merger, saying it would be anti-competitive, CNBC's Bertha Coombs reports. The "Fast Money Halftime Report' traders weigh in.