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Anthem Inc

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  • 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...

  • 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...

  • 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,...

  • INDIANAPOLIS _ Anthem Inc. on Wednesday reported second-quarter profit of $859.1 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.74 per share. Ten analysts surveyed by Zacks expected $19.7 billion.

  • July 29- United Continental Holdings Inc has been the target of a data breach linked to a group of China- backed hackers, Bloomberg reported. The company detected an attack into its computer systems in May or early June, Bloomberg reported, citing people familiar with the matter. The China- backed hackers are the ones that were behind other data breaches including...

  • 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....

  • 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...

  • Connect the docs with technology: Athenahealth CEO Saturday, 25 Jul 2015 | 2:00 PM ET

    Athenahealth CEO Jonathan Bush predicts we’ll have a “health-care internet” within five years, with routine health care managed online.

  • 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...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed about 1 percent lower, despite surprisingly strong Amazon earnings, as signs of slower global growth weighed on sentiment.

  • Anthem Inc.' s purchase of Cigna Corp. and Aetna Inc.' s acquisition of Humana Inc., both announced this month, are worth more than $80 billion combined. Many of the purchases have been designed to bulk up their Medicaid and Medicare Advantage businesses because both of those programs keep growing. If all of the recent deals go through, Anthem, Aetna and...

  • Glance: The new 'Big Three' of health coverage Friday, 24 Jul 2015 | 1:33 PM ET

    Anthem Inc.' s $48 billion purchase of rival Cigna Corp. is set to create the nation's largest health insurance company. The combination, in tandem with Aetna Inc.' s pending purchase of rival insurer Humana Inc., would leave three health insurers that would dominate the rapidly changing industry landscape in the U.S. HEADQUARTERS: Anthem in Indianapolis; Cigna...

  • Futures narrowly mixed despite Amazon beat Friday, 24 Jul 2015 | 9:19 AM ET
    American Airlines

    U.S. stock futures pointed to a slight rebound following a stronger-than-expected earnings report from online retailer Amazon.

  • Anthem buys Cigna for $188 per share Friday, 24 Jul 2015 | 8:01 AM ET
    Anthem buys Cigna for $188 per share

    Ana Gupte Leerink Partners senior health care analsyt, shares her thoughts on the cash and stock deal which is valued at $54.2 billion.

  • Early movers: CI, AMZN, SAVE, BIIB, MCO, T & more Friday, 24 Jul 2015 | 7:54 AM ET

    Some of the names on the move ahead of the open.