Some of the names on the move ahead of the open.» Read More
In California, however, insurers' projections of 2014 medical spending were fairly accurate. Other companies planning to sell 2015 Obamacare policies in California include Kaiser Permanente, Health Net, and Molina Healthcare. California is the largest of about a dozen states to announce proposed 2015 rates.
In California, however, insurers' projections of 2014 medical spending were fairly accurate. California is the largest of about a dozen states to announce proposed 2015 rates.
July 31- U.S. health insurer Cigna Corp said on Thursday that medical costs for its individual customers were higher than expected in the second quarter, adding to investor worries that spending is on the rise. Cigna shares fell 5 percent, and a sell-off begun early this week in other insurers including Aetna Inc and WellPoint Inc continued.
July 31- U.S. health insurer Cigna Corp said on Thursday second-quarter profit and revenue both rose as it took in more healthcare premiums and fees from more customers in its commercial business.
July 31- U.S. health insurer Cigna Corp said on Thursday that its second-quarter profit and revenue rose as it took in more healthcare premiums and fees from increased customers in its commercial business.
*Twitter shares rally a day after results. Among the biggest positives were bank shares, with the S&P financial index up 0.4 percent, helping to support the S&P 500. Shares of Wells Fargo gained 1.1 percent to $52.10.
July 30- U.S. health insurer Humana Inc reported a lower profit owing to higher costs on Wednesday, as mounting concerns about increased medical spending drove health insurance industry shares lower for a second straight day.
*Twitter rallies after blockbuster results. NEW YORK, July 30- U.S. stocks were flat on Wednesday, paring earlier gains as a strong read on second-quarter economic growth sparked concerns the Federal Reserve may adjust its stimulus earlier than expected.
*Twitter rallies after blockbuster results. *Biotechs rally on Amgen results, Regeneron trial data. Twitter Inc surged on heavy volume, jumping 25 percent to $48.25 in its biggest one-day advance ever after reporting that monthly active users had risen a better-than-expected 24 percent in the second quarter.
*Twitter rallies in premarket after blockbuster results. NEW YORK, July 30- U.S. stock index futures pointed to a higher open on Wednesday after the first read on second-quarter economic growth came in much stronger than expected, overshadowing a weak report on the labor market.
July 30- U.S. health insurer WellPoint Inc on Wednesday reported a decline in second-quarter profit, but its closely watched medical costs as a percentage of premiums ratio improved and it beat Wall Street estimates. WellPoint beat Wall Street expectations because this ratio was less than foreseen, Leerink Partners analyst Ana Gupte said in a research note.
*Twitter rallies in premarket after blockbuster results. NEW YORK, July 30- U.S. stock index futures rose on Wednesday as investors sought bargains following a period of weakness and looked ahead to data on economic growth and comments from the Federal Reserve following its latest policy meeting. *Twitter Inc surged 27 percent to $49 in heavy premarket trading.
It still beat Wall Street expectations, and the nation's second-biggest health insurer raised its profit expectations for the year. For the three months ended June 30, WellPoint's net income declined to $731.1 million, or $2.56 per share, from $800.1 million, or $2.64 per share, in the same quarter a year earlier.
July 30- U.S. health insurer WellPoint Inc said on Wednesday that profit fell in the second quarter, partly because of some higher administrative costs stemming from the healthcare reform law and new fees, but it still came in ahead of Wall Street estimates.
July 29- Aetna Inc, the third-largest U.S. health insurer, reported a rise in medical costs on Tuesday, raising investor concerns that a long run of low growth in such costs might be ending and pushing shares in the industry lower.
Aetna's second-quarter profit climbed more than 2 percent, as gains from an acquisition helped the health insurer top expectations and raise its 2014 earnings forecast again.
Cigna Corp. rose $1.11 or 1.2 percent, to $96.87. Humana Inc. rose $2.38 or 1.9 percent, to $130.93. UnitedHealth Group rose $1.07 or 1.3 percent, to $85.75.
Cigna Corp. rose$. 56 or. 6 percent, to $96.32. Humana Inc. rose $1.68 or 1.3 percent, to $130.23. UnitedHealth Group rose$. 87 or 1.0 percent, to $85.55.
Cigna Corp. rose$. 11 or. 1 percent, to $95.87. Humana Inc. rose$. 92 or. 7 percent, to $129.47. UnitedHealth Group rose$. 18 or. 2 percent, to $84.86.
Cigna Corp. fell$. 05 or. 1 percent, to $96.75. Humana Inc. fell$. 16 or. 1 percent, to $132.90. UnitedHealth Group fell$. 26 or. 3 percent, to $85.68.