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  • July 30- Health insurer Cigna Corp, which agreed last week to be bought by Anthem Inc for $47 billion, said on Thursday that medical services use was low in the second quarter, helping to keep costs in check and beat Wall Street profit estimates. Cigna's report of a continued low utilization trend backs up a growing industry view of this closely watched component of...

  • July 30- U.S. stock index futures were little changed on Thursday ahead of second-quarter gross domestic product numbers that will give clues regarding the health of the economy even as the Fed left the door open for a possible interest rate hike in September. The S&P 500 has bounced about 2 percent higher in the past two days following a near-3 percent drop over...

  • Cigna posts Street-topping earnings Thursday, 30 Jul 2015 | 6:30 AM ET

    Cigna's second-quarter earnings rose nearly 3 percent, beating estimates as the health insurer had predicted last week when it announced a plan to combine with bigger rival Anthem in a $48- billion deal. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.26 per share. Cigna Corp. had said Friday that adjusted...

  • July 30- Health insurer Cigna Corp, which agreed to be bought by Anthem Inc for $47 billion this month, reported a 2.6 percent rise in quarterly profit as it added more members in its commercial and government businesses. The company said net profit rose to $588 million or $2.26 per share, for the second quarter ended June 30, from $573 million, or $2.12 per share, a year...

  • July 29- Health insurer Anthem Inc, which plans to buy rival Cigna Corp for $54 billion, on Wednesday said medical costs, particularly in its Medicaid and Medicare businesses, were at the low end of expectations and helped boost second-quarter profit. On July 3, No. 3 health insurer Aetna Inc said it would buy rival Humana Inc and Anthem on Friday said it would acquire...

  • July 29- Health insurer Humana Inc, which earlier this month agreed to be bought by Aetna Inc for $37 billion, on Wednesday reported a rise in a key medical cost metric that missed analyst expectations. Humana's consolidated benefit ratio, or the ratio of its spending on medical claims versus premium revenue it takes in, was 85.2 percent compared with 83.1 percent...

  • Humana beats 2Q profit forecasts Wednesday, 29 Jul 2015 | 7:45 AM ET

    LOUISVILLE, Ky.— Humana's second-quarter earnings jumped about 25 percent in a better-than-expected performance, as a business sale gain and premium growth helped the Medicare Advantage coverage provider. Premiums, Humana's chief form of revenue, climbed 14 percent to $13.21 billion in the quarter. The insurer said its enrollment in individual and group...

  • July 29- Health insurer Anthem Inc reported a better-than-expected quarterly profit, driven by strong enrollments in its government business, particularly Medicaid. Managed care companies that sell government-sponsored plans for the under-insured or uninsured have benefited from the expansion of Medicaid under Obamacare, boosting revenue in that...

  • Insurer Anthem hikes 2015 forecast, 2Q earnings climb Wednesday, 29 Jul 2015 | 6:36 AM ET

    The Blue Cross-Blue Shield carrier now expects 2015 adjusted earnings to top $10 per share, up from a previous forecast for earnings of greater than $9.90 per share. Second-quarter net income jumped to $859.1 million from $731.1 million, helped by enrollment gains in state and federally funded Medicaid coverage. Anthem Inc. its sells coverage in California,...

  • Health insurer Anthem profit rises 17.5 percent Wednesday, 29 Jul 2015 | 6:13 AM ET

    July 29- Health insurer Anthem Inc reported a 17.5 percent rise in quarterly earnings helped by strong performance in its commercial and government businesses. Net income rose to $859.1 million, or $3.13 per share, for the second quarter ended June 30, from $731.1 million, or $2.56 per share, a year earlier. The company, which agreed to buy smaller rival Cigna Corp...

  • July 28- Health insurer Centene Corp reported a better-than-expected quarterly profit and said it would consider buying the Medicare Advantage plans its rivals are likely to divest during the current phase of consolidation in the managed care industry. Anthem Inc said last week that it would buy Cigna Corp for about $54.2 billion, creating the largest U.S....

  • NEW YORK, July 27- Allergan plc CEO Brent Saunders is ready to put the $36 billion his company will net from the sale of its generics business to Teva Pharmaceutical Industries Ltd to work, possibly with another large, "transformational" merger. As head of Actavis, he then sealed a $66 billion purchase of Botox-maker Allergan, beating out rival suitor Valeant...

  • JERUSALEM— Israel's Teva Pharmaceutical Industries Ltd. said Monday it is purchasing Dublin- based Allergan PLC's generic pharmaceuticals business for $40.5 billion, in what Israeli analysts called the largest-ever acquisition by an Israeli company. Statements from both companies say the deal will see Allergan receive $33.75 billion in cash and shares...

  • SYDNEY/ HONG KONG, July 27- Asian shares began the week on a plaintive note amid losses on Wall Street and worries over China, while investors braced for a Federal Reserve meeting that might take another small step toward lifting U.S. interest rates. Financial spreadbetters expected Britain's FTSE 100 0.3 percent lower, Germany's to open 0.4 percent down, and...

  • SYDNEY, July 27- Asian shares began the week on a plaintive note amid losses on Wall Street and worries over China, while investors braced for a Federal Reserve meeting that might take another small step toward lifting U.S. interest rates. Japan's Nikkei slipped 0.5 percent, while MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.8 percent.

  • *Most Asian stock markets lower tracking Wall St. SYDNEY, July 27- Asian shares began the week on a plaintive note amid losses on Wall Street and worries over China, while investors braced for a Federal Reserve meeting that might take another small step toward lifting U.S. interest rates. Japan's Nikkei slipped 0.8 percent in early trade, while MSCI's broadest...

  • That's how many big companies could remain after the proposed combinations of Anthem with Cigna and Aetna with Humana, and experts say it would at a minimum bring close scrutiny of the deals. At only three companies, "The agencies' ears tend to perk up," said Allen Grunes, who led merger investigations at the Justice Department as an antitrust attorney.

  • Health insurer Anthem to buy Cigna in $54.2B deal Friday, 24 Jul 2015 | 5:37 PM ET
    People walk past an office building of health insurer Anthem in Los Angeles, California.

    Anthem said on Friday it would buy Cigna in a deal valued at $54.2 billion, creating the largest U.S. health insurer.

  • July 24- Anthem Inc's decision to buy Cigna Corp, forming the largest U.S. health insurer by membership, will likely speed consolidation across the healthcare industry, from hospitals to drugmakers. Anthem announced its proposed $54 billion purchase of Cigna on Friday, just weeks after Aetna Inc said it would buy rival Humana Inc for $37 billion.

  • July 24- Anthem Inc said on Friday it would buy Cigna Corp for about $54.2 billion, creating the largest U.S. health insurer by membership and accelerating the industry's consolidation from five national players to three. The proposed acquisition, the health insurance industry's largest, comes three weeks after Aetna Inc agreed to buy Humana Inc for $37...