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...
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.
Is the end near for the Anthem-Cigna deal? CNBC's Bertha Coombs reports on where the deal currently stands.
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.
SACRAMENTO, Calif.— A federal judge on Wednesday rejected Anthem Inc.' s bid to buy rival health insurer Cigna Corp., saying the merger would likely lead to higher costs, less competition and diminished innovation. Last month, another federal judge rejected Aetna's roughly $34- billion bid to buy rival Humana, citing in part concerns about competition in...
Some of the names on the move ahead of the open.
Humana Inc. reported a loss of $401 million in the fourth quarter, compared with a $101 million profit in the final quarter of 2015. The Medicare Advantage coverage provider said results from the recent quarter included a write off of $583 million it was supposed to receive but never did from a government funding program designed to help stabilize the...
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.
With hopes for megamergers dashed and Obamacare-fueled growth in question, investors need answers from health insurers.
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.
The judge says the agreement is anticompetitive and would substantially lessen competition.
CNBC's Dominic Chu reports that according to Dow Jones a judge will move to block the merger between Humana and Aetna for being anti-competitive.
UnitedHealth will be the first major health insurer to report earnings, as Republicans have taken steps toward the repeal and replacement of Obamacare.