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Other links at Articles > Business of Medicine |
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Cigna Shares Hit 13-Year Low in Earnings Fallout
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Shares of Cigna Corp fell as much as 37 percent on Friday, to their lowest point in more than 13 years, as analysts said the U.S. health insurer would struggle to meet its 2009 profit forecast that itself was below Wall Street forecasts. Reuters Health Information
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Cigna Profit Drops 53 Percent, Sees Dour 2009
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Health insurer Cigna Corp forecast disappointing profit growth for 2009 as it continues to struggle with competition and broader economic turmoil, sending shares down more than 18 percent on Thursday. Reuters Health Information
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