Cigna Corp. (CI) Tops Q3 EPS by 17c, Revenues Beat; Raises FY20 Revenue Guidance, Provides FY20 EPS Outlook
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Cigna Corp. (CI) IV flat as shares rally 13% into quarter results and outlook
November 4, 2020 10:42 AM ESTCigna Corp. (NYSE: CI) November weekly call option implied volatility is at 57, November is at 40; compared to its 52-week range of 23 to 100 into the expected release of quarter results before the bell on November 5.
... MoreTech, health stocks rise, cyclicals fall on prospects of divided U.S. Congress
November 4, 2020 7:00 AM ESTBy Susan Mathew and Sinéad Carew
(Reuters) - High-flying technology stocks boosted the S&P 500 index and healthcare led gainers on Wednesday as investors bet a divided U.S. government would stunt chances for big reforms for these sectors or corporate tax hikes.
But economically sensitive cyclical sectors - materials, industrials and banks - declined as they were expected to benefit most from a large stimulus package that is now deemed unlikely after Tuesday's U.S. election.
If Republicans retain U.S. Senate control and Democrats keep their House of Representatives majority, as investors... More
