U.S. equities posted gains, with the S&P 500 advancing 0.4% ahead of this week's key report on consumer prices and the final Federal Reserve policy meeting of 2023.

Midday Movers: Cigna Soars After Calling Off Humana Deal, Eli Lilly Falls Following Study

12:55pm, Monday, 11'th Dec 2023

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 ‘doing right by shareholders' by reportedly walking away from Humana deal, analysts say

12:26pm, Monday, 11'th Dec 2023

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

Cigna plans bumper buyback amid reports Humana merger talks end

12:19pm, Monday, 11'th Dec 2023

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.

CI Stock Alert: Cigna Ditches Humana Acquisition for $10 Billion Stock Buyback

10:12am, Monday, 11'th Dec 2023

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.

Cigna shares jump on reports of abandoned Humana buyout, plans for $10 billion stock buyback

09:38am, Monday, 11'th Dec 2023

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.

Humana: Failed Merger And Other Reasons To Buy

09:15am, Monday, 11'th Dec 2023

The proposed merger between Cigna and Humana being called off is expected to result in a relief rally for both stocks. Walmart is speculated to be interested in acquiring Humana, which could lead to a

A merger between Cigna and Humana that would have created a gigantic $140 billion healthcare conglomerate has been called off

04:44pm, Sunday, 10'th Dec 2023

Cigna and Humana called off a potentially massive merger. The deal between the two companies would have created a $140 billion conglomerate.

Cigna raises stock buyback by $10 billion, will reportedly drop bid to buy Humana

03:52pm, Sunday, 10'th Dec 2023

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 Reportedly Ends Humana Takeover Push, Hikes Buyback By $10 Billion

02:00pm, Sunday, 10'th Dec 2023

Cigna hiked its stock buyback by $10 billion on Sunday. The health insurer has ended talks to buy Humana, The Wall Street Journal reported.

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