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  • Nov 6- Health insurer Cigna Corp reported a better-than-expected quarterly profit, helped by strong performance in its government and commercial businesses. Revenue at Cigna's unit that sells commercial and government plans rose 8 percent to $6.62 billion. On an adjusted basis, Cigna earned $2.28 per share, well above the average analyst estimate of $2.20...

  • Health insurer Cigna's Q3 revenue rises 7.2 pct Friday, 6 Nov 2015 | 6:10 AM ET

    Nov 6- Health insurer Cigna Corp reported a 7.2 percent rise in quarterly revenue, helped by strong performance in its commercial business. Net income attributable to the company's shareholders rose to $547 million, or $2.10 per share, in the third quarter ended Sept. 30, from $534 million, or $2.01 per share, a year earlier. Cigna manages insurance plans for large...

  • Street eyeing jobs report for liftoff clues Thursday, 5 Nov 2015 | 6:34 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Traders on Friday will comb through the first of two key employment reports that could determine the likelihood of a rate hike in December.

  • Markets to tune out Fed speakers in favor of data Friday, 30 Oct 2015 | 6:28 PM ET
    A trader works on the floor of the New York Stock Exchange on Aug. 24, 2015, in New York City.

    Markets will be laser-focused on Friday's October jobs report in the week ahead and may even look past more than a dozen scheduled Fed speeches.

  • Oct 29- Pfizer Inc, the No. 1 U.S. drugmaker, and Botox maker Allergan Plc said they were in friendly talks to create a pharmaceutical colossus but the prospect that the company would seek to avoid U.S. taxes sounded political alarm bells. Both New York- based Pfizer and Dublin- based Allergan said no agreement has been reached and declined to discuss any terms of the...

  • Oct 28- Health insurer Anthem Inc said on Wednesday that its Obamacare insurance business is being hampered by lower-than-anticipated enrollment due to fewer applicants than expected and cheaper premium rates at competitors. Cigna Corp, which Anthem has announced plans to buy, was down 3.2 percent while shares of Aetna Inc, which reports on Thursday, were...

  • Hedge fund: This is how much we love health care Wednesday, 28 Oct 2015 | 8:16 AM ET
    Larry Robbins, founder of Portfolio Manage and CEO of Glenview Capital Management.

    In a letter to clients, Glenview's Larry Robbins addressed recent losses, defended his health-care positions and offered a new no-fee fund vehicle.

  • Oct 28- Health insurer Anthem Inc reported a better-than-expected profit in the third quarter as more people enrolled for its government plans, especially Medicaid. Anthem's government business offers Medicare plans for the elderly and Medicaid for lower-income families. Anthem, which agreed to buy smaller rival Cigna Corp in July, said earnings rose to...

  • US STOCKS-Wall St declines; Valeant, healthcare weigh Wednesday, 21 Oct 2015 | 6:33 PM ET

    Oct 21- U.S. stocks fell on Wednesday as a sharp drop in Valeant Pharmaceuticals hit the healthcare space, while the energy sector dropped along with oil prices. Valeant Pharmaceuticals' U.S.-listed shares plunged to an intraday low of $88.50 on record volume after a short-seller accused the company of using specialty pharmacies to inflate its revenue.

  • GLOBAL MARKETS-Stocks slip, oil falls, U.S. dollar firmer Wednesday, 21 Oct 2015 | 5:09 PM ET

    NEW YORK, Oct 21- U.S. stocks indexes slipped on Wednesday on a tumble in healthcare and energy stocks, while oil prices slumped after U.S. government data showed a rise in crude inventories, adding to worries about oversupply. U.S. health insurers's shares fell after Democratic presidential candidate Hillary Clinton said she has "serious concerns" about the plan...

  • US STOCKS-Wall St falls; Valeant, healthcare drop Wednesday, 21 Oct 2015 | 4:57 PM ET

    *Valeant sinks after Citron report, drags Allergan. Shares of Allergan, which has a business model similar to that of Valeant, was down 1.7 percent at $259, cutting earlier losses after the company said nearly all of its drugs are being distributed through traditional wholesale and retail channels. Also in the healthcare sector, insurers Aetna, Humana, Anthem and...

  • US STOCKS-S&P 500, Nasdaq dip with healthcare, Yahoo Wednesday, 21 Oct 2015 | 3:39 PM ET

    *Valeant sinks after Citron report, drags Allergan, Endo. Oct 21- The S&P 500 and Nasdaq slipped in choppy trading late Wednesday afternoon as insurers and other big healthcare names dropped and Yahoo shares fell following disappointing results. Shares of Allergan, which has a business model similar to that of Valeant, fell 4.6 percent to $251.37, though the...

  • Health insurers fell after Democratic presidential candidate Hillary Clinton said she has "serious concerns" about health insurer Aetna Inc's plan to acquire Humana Inc and Anthem Inc's proposal to buy Cigna Corp. The S&P healthcare index was last down 2 percent. Valeant Pharmaceutical's U.S.-listed shares lost a fourth of their value after short-seller...

  • WASHINGTON, Oct 21- Democratic presidential candidate Hillary Clinton has "serious concerns" about health insurer Aetna's plan to acquire Humana and Anthem's proposal to buy Cigna, saying the multi-billion-dollar deals should be closely reviewed by U.S. regulators. A $37 billion plan for Aetna Inc to acquire smaller rival Humana Inc approved by the...

  • *Valeant sinks after Citron report, drags Allergan, Endo. Oct 21- Wall Street was little changed in early afternoon trading on Wednesday as gains by General Motors and technology stocks were limited by a slide in healthcare stocks. Allergan fell 4.6 percent to $251.37 and Endo International slumped nearly 13 percent to $54.98, weighing the most on the S&P 500 and...

  • NEW YORK, Oct 21- Stock indexes worldwide were little changed on Wednesday, with a tumble in healthcare stocks weighing on U.S. shares, while oil prices slumped after a build in U.S. crude inventories added to worries about oversupply. Healthcare insurers slumped after Democratic presidential candidate Hillary Clinton said she has "serious concerns" about...

  • *VMware, Yahoo down on poor results. Oct 21- U.S. stocks were little changed on Wednesday as healthcare stocks resumed their slide for a second day, offsetting gains by General Motors and technology stocks. Health insurers Aetna, Humana, Anthem and Cigna all fell about 4 percent after Democratic presidential candidate Hillary Clinton said she had "serious...

  • WASHINGTON, Oct 21- Democratic presidential candidate Hillary Clinton has "serious concerns" about health insurer Aetna's plan to acquire Humana and Anthem's proposal to buy Cigna, saying the multi-billion-dollar deals should be closely reviewed by U.S. regulators. A $37 billion plan for Aetna Inc to acquire smaller rival Humana Inc approved by the...

  • Oct 19- Health insurer Aetna's proposed $37 billion acquisition of smaller rival Humana Inc was approved by the shareholders of both companies. Aetna in July said it would buy Humana to become the largest provider of Medicare plans for the elderly. Three weeks later, rival Anthem Inc proposed to acquire Cigna Corp for about $47 billion in a deal that would make it...

  • People walk past an office building of health insurer Anthem in Los Angeles, California.

    Shareholders will get their say on two big deals: Aetna's $37B bid for Humana, and Centene's $6.3B bid for Health Net.