Cigna’s Stock Deep in Red Amid Runoff Losses

PHILADELPHIA -(Dow Jones)- Cigna Corp. (CI), citing significant
competitive and economic pressures, posted a sharp drop in
third-quarter profit, trimmed its enrollment and earnings forecast for
this year and projected further enrollment declines for 2009.

Cigna shares recently traded down 14.7%, or $2.91, to $16.94. The
trough today of $16.90 represented the stock’s lowest level in nearly
five years. 52wk hi is 56.98.

Posted by email from thehardtrade2′s posterous

Last 5 posts by MacroMan

• Thiel: Still heading toward deflationary endgame - August 4th, 2010
• Around the markets in 6 charts or less - May 6th, 2010
• Quotable - May 5th, 2010
• Quoteable - April 29th, 2010
• Pimco Warns of Deflation Risk as Central Banks to Cool Stimulus - April 21st, 2010

No Comments

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a comment

You must be logged in to post a comment.