Cigna Corp. (CI) Offers Strong Prelim. Q2 Results; Updates FY15 Outlook
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Cigna Previews Strong Second Quarter 2015 Results, Raises Outlook
July 24, 2015 6:02 AM EDTConsolidated revenues expected to increase 9% to approximately $9.5 billion in the second quarter Adjusted income from operations1 for the second quarter is expected to be at least $650 million, or $2.50 per share Projected adjusted income from operations1,2 for 2015 is now estimated to be in the range of $2.16 billion to $2.24 billion, or $8.30 to $8.60 per share3
BLOOMFIELD, Conn.--(BUSINESS WIRE)-- Cigna Corporation (NYSE: CI) today announced preliminary financial results for the second quarter 2015.
Consolidated revenues in second quarter 2015 are... More
Anthem Announces Definitive Agreement to Acquire Cigna Corporation
July 24, 2015 6:00 AM EDTCombination will create the premier health services company with critical diversification to lead the transformation of health care for consumers by enhancing health care access, quality and affordability Cigna shareholders receiving consideration of $103.40 per share in cash and 0.5152 shares of Anthem stock in exchange for each Cigna share, reflecting a value of $188.00 based on Anthems unaffected share price as of May 28, 2015 Combination expected to drive adjusted earnings per share accretion approaching 10% in year one, with accretion more than doubling in year two The combined... More
