Cigna Group (CI)

[Monksdream]

CI new 52=week high

[Monksdream]

CI new 52 week high

[QaB2i]

Congratulations me too

[whytestocks]

JUST IN: $CI Cigna Reports Third Quarter 2020 Performance, Raises Revenue Guidance

Cigna Reports Third Quarter 2020 Performance, Raises Revenue Guidance PR Newswire BLOOMFIELD, Conn., Nov. 5, 2020 BLOOMFIELD, Conn. , Nov. 5, 2020 /PRNewswire/ -- Total revenues in the third quarter were $41.0 billion . Adjusted revenues 1 ...

Find out more CI - Cigna Reports Third Quarter 2020 Performance, Raises Revenue Guidance

[whytestocks]

Just In: $CI S&P 500 Bucks Election Uncertainty, Rockets Higher on Tech Stock Surge; Huge Gains for Healthcare Stocks

So much for uncertainty being bad for stocks. The S&P 500 Index (SNPINDEX: ^GSPC) surged up 74 points, or more than 2.2%, on Nov. 4 even as the U.S. presidential election results remain unsettled. Today's big move higher is largely due to huge gains for tech and healthcare ...

Got this from CI - S&P 500 Bucks Election Uncertainty, Rockets Higher on Tech Stock Surge; Huge Gains for Healthcare Stocks

[whytestocks]

$CI short all day Cigna Corporation Nyse Ci Short Squeeze

[tw0122]

When medical debt collectors decide who gets arrested - ProPublicahttps://apple.news/AQqxtc_LpSQupZE-Old3vUw

[whytestocks]

News: $CI Cigna Returns as Presenting Sponsor of the Marine Corps Marathon, Continuing a Tradition of Honoring Members of the U.S. Armed Forces

Global health service company Cigna (NYSE:CI) is returning for a second year as presenting sponsor of the Marine Corps Marathon® (MCM) to honor and thank U.S. military members, veterans, and their families and to support health and wellness in the community. Now in its 44 th year, the M...

Read the whole news Cigna Returns as Presenting Sponsor of the Marine Corps Marathon, Continuing a Tradition of Honoring Members of the U.S. Armed Forces

[TFMG]

$CI ANTHEM AND MEDICARE HAVE PRODUCED A DARK CLOUD ABOVE CIGNA

From a fundamental perspective, this entire sector will be used as a pawn within the political parties to gain favor with the electorate until after the 2020 election, that is quite a while to wait for a safe entry point or maybe not. Cigna is also embroiled in a long suffering court case with NYSE:ANTM claiming THAT ANTM should pay compensation of $16 billion for the botched takeover in 2015. IF CI was to win the case it would be extraordinary but most likely they will be awarded the break up of fee of $1.84 billion.
From a technical point of view the chart is becoming quite interesting and suggesting a entry point may be on the way. Please consult the chart for analysis but a break and possible retest of the trend-line(blue) would be a good buy signal.


P/E RATIO 14.81
AVERAGE ANALYSTS PRICE TARGET $214
AVERAGE ANALYSTS RECOMMENDATION BUY


COMPANY PROFILE
Cigna Corp . is a global health service company, which is dedicated to improving the health, well-being and peace of mind. Its products and services include an integrated suite of health services such as medical, dental, behavioral health, pharmacy, vision, supplemental benefits and other related products including group life, accident and disability insurance. The company was founded in 1792 and is headquartered in Bloomfield, CT .

[TFMG]

$CI ANTHEM AND MEDICARE HAVE PRODUCED A DARK CLOUD ABOVE CIGNA

From a fundamental perspective, this entire sector will be used as a pawn within the political parties to gain favor with the electorate until after the 2020 election, that is quite a while to wait for a safe entry point or maybe not. Cigna is also embroiled in a long suffering court case with NYSE:ANTM claiming THAT ANTM should pay compensation of $16 billion for the botched takeover in 2015. IF CI was to win the case it would be extraordinary but most likely they will be awarded the break up of fee of $1.84 billion.
From a technical point of view the chart is becoming quite interesting and suggesting a entry point may be on the way. Please consult the chart for analysis but a break and possible retest of the trend-line(blue) would be a good buy signal.

[TraderJoe2019]

Analysts have high price target even if they do screw their customers. Like 230 on average for Cigna Holdings which us currently below 160 due to that plummet down from 200 earlier this year. I guess screwing the customers is how some companies make money lol. One of my stock brokerages just stole $500.00 out of my account. I tried FINRA, no help. I tried a courthouse, no help. I will next try a second courthouse or a lawyer. But man, they better put the money back.

[Ichauway]

They are screwing over 165 million customers or something like that

[TraderJoe2019]

I'm wondering, is it mostly just a net income issue - their CEO just gave a great presentation for First Quarter 2019 and for projections. They are serving over 165 million customers or something like that and they have like 800,000 serviced or something, and nice earnings growth and projected. So why did the stock drop almost 3%, is it just profits?

[ITMS]

Watch This Trade Level For This Leading Heath Insurance Stock $CI

Today, many of the leading health insurance providers are coming under sharp selling pressure. The catalyst for the decline in the industry group seems to be related to a proposal from Rep. Pramila Jayapal (D-WA) who wants Medicare for all. Leading heath insurance stocks such as Cigna Corp (NYSE:CI), UnitedHealth Group Inc (NYSE:UNH), Humana Inc (NYSE:HUM), WellCare Health Plans Inc (WCG:NYSE) and others are trading deeply in negative territory this afternoon.

Over the next week or so I will be watching Cigna Corp (NYSE:CI) closely. The stock is currently testing a key daily chart support level around the $180.00 area. A break of this important support level could lead to further downside in the stock. Traders should watch for major chart support around the $170.00 area. This is where the stock was defended in July 2018 after forming a bearish basing pattern. Often, when stocks rally from a negative pattern that is a sign of institutional sponsorship. I will be keeping this swing trade level on my radar in the near term.




Nick Santiago
InTheMoneyStocks

[EL CHAPO]

Been in since $171

[whytestocks]

News: $CI Photo of Cigna Building Blessings in a Backpack in Nashville Available on Business Wire's Website and the Associated Press Photo Network

A photo is available on Business Wire's website and the Associated Press photo network of Cigna and Express Scripts employees in Nashville celebrating the combination of their companies by filling backpacks with food for children at the Shwab Elementary School in Nashville. The event marks t...

Got this from https://marketwirenews.com/news-releases/photo-of-cigna-building-blessings-in-a-backpack-in-nashville-available-on-business-wire-s-website-and-the-associated-press-photo-network-7107230.html

[whytestocks]

News: $CI Photo of Cigna Building Blessings in a Backpack in Franklin Lakes, N.J. Available on Business Wire's Website and the Associated Press Photo Network; Food Going to Bronx, N.Y. School

A photo is available on Business Wire's website and the Associated Press photo network of employees at the Express Scripts office in Franklin Lakes, N.J. celebrating the company’s combination with Cigna by filling backpacks with food for children at Public School 20 in the Bronx, New ...

Read the whole news https://marketwirenews.com/news-releases/photo-of-cigna-building-blessings-in-a-backpack-in-franklin-lakes-n-j-available-on-business-wire-s-website-and-the-associated-press-photo-network-food-going-to-bronx-n-y-school-7103600.html

[whytestocks]

News: $CI Cigna Employees Kick Off $25 Million Healthier Kids For Our Future Initiative By Combatting Childhood Hunger Globally

Global health service company Cigna Corporation (NYSE:CI) today kicks off Healthier Kids for Our Future, a $25 million five-year global initiative to improve the health and well-being of children. Cigna's 74,000 global employees will work together to put children on a healthier path, startin...

In case you are interested https://marketwirenews.com/news-releases/cigna-employees-kick-off-25-million-healthier-kids-for-our-future-initiative-by-combatting-childhood-hunger-globally-6828920.html

[Enterprising Investor]

Cigna Says New York, California OK Express Scripts Deal (12/13/18)

On December 13, 2018, the State of New York determined that a previously noticed hearing in that State was not required and issued its approval of the transaction. Also on December 13, 2018, the State of California issued its approval of the transaction. We continue to work with regulators in New Jersey, the one outstanding state where approval is required, and continue to expect that the transaction will close by the end of 2018, subject to the satisfaction of all closing conditions.

https://www.sec.gov/Archives/edgar/data/701221/000095015918000529/cigna8k.htm

[Enterprising Investor]

The Express Scripts/Cigna deal is in the final stages.

ESRX shareholders will receive $48.75 in cash and .2424 shares of CI per share.

[Enterprising Investor]

Cigna and Express Scripts have extended the Termination Date from 12/06/18 to 6/08/19.

Both firms continue to anticipate that the transactions contemplated by the Merger Agreement will close in 2018, subject to the satisfaction of all closing conditions.

https://www.sec.gov/Archives/edgar/data/701221/000095015918000517/cigna8k.htm

[tdeck]

Yep just may well have missed the boat, no matter. Back to other things. GLA

[tdeck]

May have missed this boat already, we'll see.

[tdeck]

This thing is starting to feel good for an entry what is the consensus, was thinking about trying to get closer to $145-150 but its looking like this is wanting to stop the downward momentum so maybe like $160'sh it hasn't totally turned yet but I think it just may test $160 and then it goes up and stays up or do you think $163 was the bounce point, whats the opinion here? I feel it is still gonna test $160 or below, we shall see.

[ITMS]

Call Option Trade On CIGNA Corporation $CI

Shares of CIGNA Corporation (NYSE:CI) are falling sharply today after they announced a buyout of Express Scripts Holding Company (NASDAQ:ESRX). Investors are taking the buyout as a sharp negative for shares, likely a signal big money thinks they overpaid. Whatever the case, the stock is falling over 11%, but gives investors waiting for an entry a buying opportunity. There is a pivot to $170.00. I will look to pick up some calls here. Join the options alerts to get my exact entry price, expiration and strike. All the details live to join me.





Gareth Soloway
InTheMoneyStocks

[ITMS]

The Bezos, Buffett & Dimon Announcement Crushes Health Care Stocks

This morning, almost every leading health care stock is coming under major selling pressure. The weakness in the health care stocks comes after an announcement was made by Amazon.com (NASDAQ:AMZN) boss Jeff Bezos, Berkshire Hathaway (NYSE:BRK.a) boss Warren Buffett and JPMorgan Chase (NYSE:JPM) Chairman Jamie Dimon announced Tuesday morning that they are "partnering on ways to address healthcare for their U.S. employees, with the aim of improving employee satisfaction and reducing costs." Leading health care stocks such as UnitedHealth (NYSE:UNH), Aetna (NYSE:AET), Cigna Corp (NYSE:CI), Humana Inc (NYSE:HUM), Express Scripts Holdings Co (NASDAQ:ESRX), CVS Health (NYSECVS), and others are tumbling on the announcement.

As a trader we must look at this decline in the health care stocks as a trading opportunity. Cignal Corp (CI) is an equity that is now on my radar. The daily chart is showing very good support around the $205.00 level. This is where the stock formed a solid chart base in late December before breaking out to new highs. Often, a retest of this area will lead to a solid bounce for the stock. I will be finding more levels for other health care stocks in the coming days, but Cigna Corp (CI) is one stock that has caught my eye right now.





Nicholas Santiago
InTheMoneyStocks

[JTrader]

Down. Somebody dun goofed.

[Tradescott818]

Halted what happens now? I feel a parabolic move up or down coming real soon

[T695]

No merger..... So now what

[ValueInvestor15]

Cashflow models imply Cigna Corp $CI has 28% upside b4 earnings Thursday:

Cashflow Models

[DAD2]

More issues with health care fallout:

http://www.thefiscaltimes.com/Columns/2016/06/30/Obamacare-Insurers-Are-Looking-Taxpayer-Bailout

[KingDMC]

Regulatory concerns, 45% stock deal. Junk deal IMO. Market doesn't like it.

[theDolphin]

why hasn't this exploded yet?

[KingDMC]

Going red

[KingDMC]

Too much cash and regulatory issues is why it's stuck at $156 as opposed to $188. Just like HUM.

[caseyryan1986]

Anthem buys out cigna for 48 billion! !!

[KingDMC]

$188 buyout. It's about damn time!

[KingDMC]

DOJ Girds for Strict Review of Any Health-Insurer Mergers

Source: Dow Jones News
By Brent Kendall And Anna Wilde Mathews
The Justice Department is gearing up for an exacting look at any proposed mergers among the nation's top health-insurance companies, amid questions inside and outside the department about whether industry consolidation could suppress competition.

The five biggest health insurers have been circling one another for potential deals. Anthem Inc. has made public a $47.5 billion bid for Cigna Corp., which Cigna has so far rejected. Aetna Inc., meanwhile, has made a takeover proposal for Humana Inc.

If the insurers succeed in striking such deals, it would leave the industry topped by three big companies, each with annual revenue of more than $100 billion. UnitedHealth Group Inc., currently the largest health insurer, also recently made a takeover approach to Aetna.

Many of the mergers under discussion have the potential to raise antitrust concerns, a senior Justice Department official said, adding that health insurers considering such deals should do a careful antitrust risk-assessment of the transactions.

Antitrust enforcers have had initial discussions about how they would approach any insurance tie-ups, and they are preparing for the possibility they could face multiple deals simultaneously, this official said.

If there were a wave of mergers at once, the department would look at the deals collectively, rather than each one in isolation. Enforcers would try to determine what effect the deals could have on the marketplace, and pursue questions about whether they would benefit consumers, the official said.

The big insurers declined to comment on the antitrust scrutiny that any potential deals in the industry might face.

In a recent call with industry analysts, Anthem Chief Executive Joseph Swedish said a combination of his company with Cigna would have "the scale to drive greater efficiency and affordability for our customers," and would be able to "accelerate improvements in the total cost of care."

A spokeswoman for America's Health Insurance Plans, the industry trade group, said health-plan combinations don't increase premiums, and that insurers' "focus is on making sure consumers have affordable coverage."

The prospect of consolidation poses high stakes for the Obama administration, whose signature domestic policy legacy is the 2010 health-care law. Some aspects of the health law were designed to increase insurance-industry competition, including marketplaces for health coverage and the creation of new nonprofit cooperative health plans around the country.

But the law also includes provisions that may have helped inspire consolidation, at least indirectly. For instance, it requires insurers to spend a certain percentage of premiums on health care, which adds to the pressure to trim administrative costs, a benefit insurers are likely to seek from merging.

A Wall Street Journal analysis from earlier this month found some combinations of the top health insurers could damp competition in certain markets around the country.

The law also contains policies encouraging health-care providers to move to forms of payment that involve tracking the care of groups of patients, aiming to save money and improve care. Providers say they need size and resources to transform health care, one of the driving sentiments behind recent consolidation by hospital groups and other health-care providers.

Just as the Justice Department is eyeing the health-insurance side of the equation, the Federal Trade Commission, which also has antitrust enforcement powers, has raised concerns about consolidation on the hospital side, challenging several mergers.

In fact, insurers are bulking up partly to face off against the larger hospital systems in negotiations about rates and payment models.

"All of this consolidation is about bargaining power," said Glenn Melnick, a professor at the University of Southern California who specializes in health-care finance. He co-wrote a study published in the journal Health Affairs that suggested increased health-insurer consolidation could benefit consumers by pushing down hospital rates, "as long as health-plan markets remain competitive."

Some research has linked having fewer health insurers to higher insurance rates.

"There's no good evidence out there that scale is associated with lower premiums or improvements in plan quality," said Leemore Dafny, a former FTC official who is a professor at Northwestern University's Kellogg School of Management. Ms. Dafny, who co-wrote a paper tying greater competition in the health-law marketplaces to lower rates, said it isn't clear insurers would pass on to consumers the benefits of any hospital discounts they achieve.

The Justice Department has challenged, or threatened to challenge, health-insurance mergers previously. In past deal reviews, it has focused both on how a merger would affect local or regional markets as well as markets for specific insurance products.

In 2012, the department found antitrust problems with Humana's acquisition of Arcadian Management Services Inc. The companies resolved the government's objections by agreeing to divest Medicare Advantage plans--the private-health-insurance version of the government program--in 51 counties and parishes.

That same year, the department expressed concerns about WellPoint Inc.'s acquisition of Amerigroup Corp. The parties addressed those concerns by divesting Amerigroup's Virginia Medicaid managed-care business. WellPoint is now called Anthem.

In 2010, Blue Cross Blue Shield of Michigan abandoned its planned acquisition of an in-state rival when the Justice Department threatened to file an antitrust lawsuit to block the deal.

As in past government merger reviews, the input of third parties who would be affected by any insurance mergers, such as employers and health-care providers, will be important, the Justice Department official said.

Groups representing large national employers, which rely on the biggest insurers to administer their coverage, have expressed concerns publicly about a potential loss of options.

The official said the department will look closely at whether there are merger-specific cost savings produced by an insurance deal that would stimulate competition and benefit consumers, and whether any such benefits outweigh any potential risks posed by a megamerger.

Duke University law professor Barak Richman said it makes sense, with such massive deals possible, for the Justice Department to look at the combinations holistically.

"Does this create some kind of greater concentration of power in aggregate?" he said. "Are we thinking carefully about all the markets where they don't currently compete but could in future?"

A broad Justice Department examination would add to pressures on health insurers. The system of Blue Cross and Blue Shield plans is facing private antitrust lawsuits in federal court alleging that they function as an illegal cartel. The Blue Cross Blue Shield Association has said its actions are legal and benefit consumers.

Write to Brent Kendall at [e-mail] and Anna Wilde Mathews at [e-mail]

Access Investor Kit for Aetna, Inc.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US00817Y1082

[uptowndw]

$$$$$$ glad I got those calls last week on the dip... looks like everyone is gonna get paid love it!!!!!

[KingDMC]

Game theory. Anthem will either raise one more time thinking someone else will bid higher, or some one else will actually bid higher.

[cnvegas]

What gets me here is Anthem is not the stronger company here.

And I can understand CI's rebuff.
And as you said before there could be another
buyer in the wings.

[KingDMC]

Gives family and friends time to buy up stock and options before they finally accept a deal. Dirty game but that's how it is. ALTR is a prime example. They rejected a $54 a share in March, only to file over 20+ Form 4's of huge insider buys for 2 months, and then come out and accept the $54 2 months later.

[KingDMC]

Possible. They say they are open to a deal under the right circumstances which to me says $200 a share or more of a cash deal.

[cnvegas]

Do you figure that will be the extent of the run?

[KingDMC]

Yep! If a deal is accepted it will trade around $170-$175 given it's cash and stock.

[cnvegas]

Up almost 15 in pre market 6:40am

[KingDMC]

Nice. Hope we all cash in big on this. Either tomorrow or the following Monday as previously posted last Monday.

[KingDMC]

It's just a buyout game. Drag this on for as long as possible and let the euphoria die down, insiders buy up shares on the way down for as much as they can, and out of nowhere a buyout. Just a silly game. There's also the chance others will bid higher than $184 like say $195. It's a lot like "Game theory"....

[Mma20]

I don't get what offer they want ? 184 ? 200?

[cnvegas]

Well I've been following your earlier posts.
You seem to be spot on with your calls on this.