Growth was driven by its Evernorth health services unit.
The Dow Jones Industrial Average soared more than 1,100 points, or 4.5%, on hopes for more stimulus measures from around the globe to fight the virus outbreak.
The benchmark S&P 500 .SPX rose for the second time in 10 sessions.
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Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services were greatly expanded by its 2018 merger with Express Scripts and are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 15 million medical members covered at the end of 2020, but its services extend internationally, covering another 2 million people.
| Website: | www.cigna.com |
| Email: | william.mcdowell2@cigna.com |
| Main Phone: | +1 860 226-6000 |
| Address: | 900 Cottage Grove Road |
| State: | CT |
| City / Town: | Bloomfield |
| Country: | US |
| Postal Code: | 6002 |
| Exchange: | NYE |
| CEO: | David M. Cordani |
| Employees: | 73700 |
| NAICS: | Direct Health and Medical Insurance Carriers(524114) |
Growth was driven by its Evernorth health services unit.
The Dow Jones Industrial Average soared more than 1,100 points, or 4.5%, on hopes for more stimulus measures from around the globe to fight the virus outbreak.
The benchmark S&P 500 .SPX rose for the second time in 10 sessions.
Revenue slightly below expectations, but earnings beat Street again.
A rally for US stocks came closer to fading out on Wednesday, with indexes stalling near their record levels.
The retail giant is disrupting America's most broken industry.
This firm has shown an ability to create value through acquisitions in its past, and we expect it to succeed with its upcoming acquisition as well.
There's something fishy about Carl Icahn's open letter to Cigna shareholders, urging them to vote against the merger with Express Scripts .
The stock is within range to challenge its all-time high of $170.68 set back in 2015.
Could it really be true that 80% of Success is Showing Up? This is the third in this series on challenging this myth. In the first two pieces, we found compelling evidence to support the myth but
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