Why Cigna Stock Soared Today

04:45pm, Monday, 11'th Dec 2023
Cigna rebounded after the health insurance giant abandoned a potential cash-and-stock acquisition of Humana. Instead, the company will focus on smaller bolt-on acquisitions and "value-enhancing divest
Cigna (CI) expects to maintain average annual adjusted EPS growth within 10-13% in the long term.
U.S. equities were little changed at midday ahead of key inflation data due later in the week and the final Federal Reserve policy meeting of 2023. The Dow and S&P 500 were up slightly, while the Nasd
Cigna Group shares CI, +15.96% jumped 16% Monday, on pace for their biggest daily gain since 2009, as analysts saw a quick win for investors in the reported collapse of the insurance giant's deal talk
US health insurer Cigna (NYSE:CI) has abandoned plans to merge with Humana (NYSE:HUM), a transaction that would have created a $140 billion insurance giant, according to reports. The Financial Times s

Cigna Calls Off Its Pursuit of Humana

12:00pm, Monday, 11'th Dec 2023
Cigna Group calls off its pursuit of fellow health insurer Humana and is instead going to buyback $10 billion in stock. Bloomberg's Katie Greifeld reports.

Cigna stock popped 15% on Monday: here's why

11:35am, Monday, 11'th Dec 2023
Cigna Group (NYSE: CI) popped over 15% this morning following reports that it has abandoned plans of buying Humana Inc (NYSE: HUM). Why did Cigna-Humana merger talks fail?
Cigna (NYSE: CI ) has ditched its plans to acquire Humana (NYSE: HUM ), another huge health insurer. Instead, Cigna will buy back $10 billion of its own shares and carry out smaller M&A deals.

Monday Morning's 2 Must-Watch Stocks

09:57am, Monday, 11'th Dec 2023
Markets got off to a quiet start to the new week. Macy's shares jumped on news of a potential buyout bid from private equity investors.
Cigna said it will consider smaller, "bolt-on" acquisitions in the near term, but did not confirm the reports about its abandoned pursuit of Humana.
News that The Cigna Group appears to have given up on a big acquisition like the health insurance giant Humana, chief executive David Cordani said Sunday the company will now “consider bolt-on acqui
Cigna and Humana called off a potentially massive merger. The deal between the two companies would have created a $140 billion conglomerate.
Managed-care provider Cigna Group on Sunday announced a massive stock buyback, amid a report that it has abandoned its bid to buy rival Humana Inc.
Cigna hiked its stock buyback by $10 billion on Sunday. The health insurer has ended talks to buy Humana, The Wall Street Journal reported.
U.S. health insurer Cigna has ended its attempt to negotiate an acquisition of peer Humana, two sources familiar with the situation said on Sunday, plans to buy back $10 billion worth of shares. The d
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