The health insurer Cigna Group snatched away a lifeline from Humana on Monday morning, telling investors it has no intention ...
Humana shares drop 7% premarket as Cigna confirms it won't pursue combination with the managed care insurer.
Cigna stock, meanwhile, is jumping 7%. Cigna reportedly called off its plans to buy Humana late last year after neither side could agree on financial terms. Bloomberg reported last month that the two ...
Health insurer Cigna Group said on Monday it is not pursuing a combination with peer Humana. Shares of Cigna rose 3.2% in premarket trading, while Humana fell nearly 3%. Cigna said it would only ...
Late last year, The Wall Street Journal reported that Cigna was in talks with Humana for a healthcare merger but abandoned its pursuit after shareholders balked at a deal that would have created a ...
Shares in Cigna rose in premarket US trading on the news, while Humana's stock price slipped. Cigna currently has a market ...
The flat-out denial comes after Cigna CEO David Cordani tried to throw cold water on persistent speculation of a Humana merger earlier this fall.
Stocks are on a roll this month, with the S&P 500 notching its 50th record high of the year and topping the 6,000 point mark ...
Shares of Cigna Group CI inched 0.09% higher to $319.77 Friday, on what proved to be an all-around great trading session for ...
Cigna said it isn't seeking to buy Humana, bolstering its stock and weighing on the share price of the Medicare-focused company. Cigna spoke out because of ongoing speculation it would strike a deal ...
Cigna's solid operating performance — as evidenced ... In this follow-up, I want to discuss the four main reasons why I added to my CI stock position after the Q3 earnings report — despite ...