New grant program to support 15 nonprofits focused on addressing health disparities in Hartford, CT, and Houston, TXBLOOMFIELD, Conn., Nov. 26, 2024 /PRNewswire/ -- The Cigna Group Foundation, the philanthropic arm of The Cigna Group (NYSE: CI), announced today the first round of grant recipients – comprised of 15 nonprofits across Hartford, CT, and Houston, TX – for The Cigna Group Health Equity Impact Fund. Through this new program, The Cigna Group Foundation will allocate $9 million to nonprofit organiza ...

Shares of The Cigna Group (CI) jumped 7.3% yesterday after it clarified in a press release that it's not pursuing a merger with Humana Inc. (HUM) . Recent speculation suggested a possible merger deal due to a potentially more business-friendly environment following the presidential election.However, Cigna put these rumors to rest, clarifying that its M&A criteria includes only acquisitions that are strategically aligned, financially attractive and have a high likelihood of closing. The stock price jump indi ...

The healthcare company put merger rumors to bed.Shares of Cigna Group (CI 7.62%), the healthcare company, were rising today after the company announced in a press release that it's not pursuing a merger with one of its competitors, Humana.Cigna's share price was up by 7.7% as of 1:15 p.m. ET.Putting Humana merger speculation to restCigna stated clearly in its release today that it is "not pursuing a combination with Humana." Investors had been wondering if the two companies might merge, and the recent presi ...

The Cigna Group headquarters in Bloomfield, Connecticut, US, on Friday, Oct. 27, 2023. Photographer: ... [+] Joe Buglewicz/Bloomberg© 2023 Bloomberg Finance LPThe Cigna Group confirmed “it is not pursuing a combination with Humana.”Despite speculation in certain media outlets, including the Wall Street Journal, such a deal really made little sense, especially given Cigna’s move to get out of the Medicare business. Cigna is nearing completion of the $3.3 billion sale of its Medicare business to Health Care S ...

Reaffirming Previously Provided Outlook for Full-Year 2024, and adjusted EPS growth of at least 10% in 2025 Confirming it is not Pursuing a Combination with Humana Inc. Confirming Continuing to Use Capital to Drive Shareholder Value, including Share Repurchase and DividendsBLOOMFIELD, Conn., Nov. 11, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) officials expect to participate in meetings with investors and analysts over the next several weeks. During these meetings, The Cigna Group ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of CI, ELV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The contents of this article, my previous articles, and my comments are for informational purposes only and may not be considered investmen ...

Infirmary's hospitals, facilities and doctors on Alabama's Gulf Coast are now in-network for Cigna Healthcare MA customersMOBILE, Ala., Nov. 1, 2024 /PRNewswire/ -- Cigna Healthcare and Mobile-based Infirmary Health have reached an agreement that allows Cigna Healthcare's Medicare Advantage (MA) customers to have in-network access to Infirmary Health's hospitals, facilities and doctors.The agreement includes value-based aspects that are focused on improving customer health, lowering costs and achieving high ...

For the quarter ended September 2024, Cigna (CI) reported revenue of $63.7 billion, up 29.8% over the same period last year. EPS came in at $7.51, compared to $6.77 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $59.83 billion, representing a surprise of +6.46%. The company delivered an EPS surprise of +4.02%, with the consensus EPS estimate being $7.22.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number 001 ...

The Cigna Group (NYSE:CI) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Ralph Giacobbe - Senior Vice President of Investor Relations David Cordani - Chairman and Chief Executive Officer Brian Evanko - Chief Financial Officer and President and Chief Executive Officer, Cigna Healthcare Eric Palmer - President and Chief Executive Officer, Evernorth Health Services Conference Call Participants AJ Rice - UBS Justin Lake - Wolfe Research Ryan Langston - TD Cowen Lisa Gill - JPM ...