financetom
Business
financetom
/
Business
/
Cigna says it is not pursuing combination with Humana
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cigna says it is not pursuing combination with Humana
Nov 11, 2024 5:02 AM

Nov 11 (Reuters) - Health insurer Cigna Group ( CI )

said on Monday it is not pursuing a combination with peer Humana

.

Shares of Cigna ( CI ) rose 3.2% in premarket trading, while Humana

fell nearly 3%.

Cigna ( CI ) said it would only consider acquisitions that are

"strategically aligned, financially attractive and have a high

probability to close".

Bloomberg News had reported in October that Cigna ( CI ) had

revived efforts to merge with the smaller rival, after

abandoning the pursuit late last year.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Carvana Insider Sold Shares Worth $19,658,588, According to a Recent SEC Filing
Carvana Insider Sold Shares Worth $19,658,588, According to a Recent SEC Filing
Aug 4, 2025
05:25 PM EDT, 08/04/2025 (MT Newswires) -- Mark W. Jenkins, Chief Financial Officer, on July 31, 2025, sold 50,437 shares in Carvana ( CVNA ) for $19,658,588. Following the Form 4 filing with the SEC, Jenkins has control over a total of 191,020 Class A common shares of the company, with 191,020 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1690820/000169082025000334/xslF345X05/wk-form4_1754342210.xml ...
Palomar Q2 Adjusted Earnings, Revenue Rise; Plans New Share Buyback Program
Palomar Q2 Adjusted Earnings, Revenue Rise; Plans New Share Buyback Program
Aug 4, 2025
05:26 PM EDT, 08/04/2025 (MT Newswires) -- Palomar Holdings ( PLMR ) reported Q2 adjusted earnings late Monday of $1.76 per diluted share, up from $1.25 a year earlier. Analysts polled by FactSet expected $1.67. Revenue for the quarter ended June 30 was $203.3 million, up from $131.1 million a year earlier. One analyst surveyed by FactSet expected $169.4 million....
Dorman Products Q2 Tops Estimates; Raises Outlook
Dorman Products Q2 Tops Estimates; Raises Outlook
Aug 4, 2025
05:23 PM EDT, 08/04/2025 (MT Newswires) -- Dorman Products ( DORM ) reported Q2 non-GAAP EPS late Monday of $2.06, up from $1.67 a year earlier Analysts polled by FactSet expected $1.80. Revenue for the quarter ended June 28 was $541 million, up from $503 million a year earlier. Analysts expected $517 million. For 2025, the company now expects adjusted...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved