May 1- U.S. health insurer Cigna Corp on Thursday said that early enrollees in new plans created under President Barack Obama's healthcare law used medical services more than it expected, confirming early forecasts it would lose money on the business in 2014..
*Yelp shares up in premarket as revenue jumps. Health insurer Cigna Corp reported first-quarter earnings that beat expectations, following similarly positive results from competitors WellPoint Inc and Aetna Inc. Textron Inc's earnings fell from the prior year while revenue was nearly flat.
May 1- U.S. health insurer Cigna Corp on Thursday reported a higher-than-expected quarterly profit as medical enrollments increased and it managed costs of its commercial and Medicare customers. The report by Cigna follows big beats by larger competitors WellPoint Inc and Aetna Inc for the first quarter.
April 30- WellPoint Inc on Wednesday said that its Obamacare exchange business was sustainable so far, echoing comments from another major insurer last week that these new customers have cost as much as expected, not more.
WellPoint reported profit that beat analysts' expectations and said individual exchanges were operating at a profit.
April 30- WellPoint Inc, the second-largest U.S. health insurer, on Wednesday reported first-quarter profit that beat analysts' expectations and said that the individual exchanges created under healthcare reform were operating at a profit.
April 30- WellPoint Inc, the second-largest U.S. health insurer, said on Wednesday that first-quarter profit fell, largely because of investment spending related to healthcare reform and the higher administrative costs of adding new commercial customers.
WellPoint bet big Obamacare, and investors expect the nation's largest provider of Blue Cross plans to report large membership gains.
It's "too early to tell" if President Barack Obama's signature health care law is successful, Aetna CEO Mark Bertolini told CNBC.
Mark Bertolini, Aetna chairman and CEO, discusses the company's Q1 earnings beat and the impact of Obamacare on its rate structure and enrollment.
April 24- Aetna Inc said on Thursday its first few months under Obamacare turned out better than expected as it added new members not only on the exchanges but in its traditional large corporate business.
*Tech results lift Nasdaq futures, Apple and Facebook rally. NEW YORK, April 24- U.S. stock index futures were higher on Thursday, with Nasdaq futures jumping more than 1 percent following a pair of blowout results from technology stalwarts Apple and Facebook.
Some of the names on the move ahead of the open.
*Tech results lift Nasdaq futures, Apple and Facebook rally. *Attention on Apple after announcing seven-for-one stock split. NEW YORK, April 24- U.S. stock index futures were higher on Thursday, with Nasdaq futures jumping more than 1 percent following a pair of blowout results from technology stalwarts Apple and Facebook.
April 24- Aetna Inc said on Thursday that first-quarter net income rose 36 percent as it added people in its Medicare and commercial business, which includes customers from insurance exchanges created under President Barack Obama's signature healthcare law.
April 24- Aetna Inc., the third-largest U.S. health insurer, said on Thursday that first-quarter profit rose as it added new members, and it raised its outlook for the year. Aetna reported net income of $665.5 million, or $1.82 per share, up from $490.1 million, or $1.48 per share, a year earlier. Excluding special items, the company reported earnings of $1.98 per share.
Some of Thursday's midday movers:
April 17- UnitedHealth Group Inc, the largest U.S. health insurer, said on Thursday it has spent more than $100 million to cover a pricey new hepatitis C drug from Gilead Sciences Inc, a higher cost than it expected by "multiples," sending shares in the sector lower.
April 8- U.S. health insurers said on Tuesday they still expected cuts in government reimbursements for privately managed Medicare health plans for the elderly next year even after the Obama administration rolled back the steepest reductions.
April 7- The U.S. government on Monday said that final payments to private health insurers for 2015 private Medicare Advantage plans would rise 0.4 percent for the average plan compared with a proposed cut of 1.9 percent.