insurance

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Insurer CIGNA Corporation (CI) posted solid first quarter earnings of $1.01 per share, excluding items, compared to the Thomson/Reuters First Call estimate of 90 cents. So far, investors are more than satisfied. Cigna’s shares rose about 75 cents after the earnings release, and recently have recovered nearly all of the ground lost during the May 6 ‘flash crash.’ On Tuesday afternoon shares rose 87 cents to $33.52. Cigna earned 76 cents per share a year ago.

Cigna, which benefited from a strong international performance, also kept its 2010 earnings guidance the same, with the company seeing full-year EPS of $3.75 to $4.15, compared to the First Call estimate of $4.08. First Call also expects CI to earn $4.36 in 2011.

Continue reading Cigna’s Q1 Beats Street on Global Performance

Cigna’s Q1 Beats Street on Global Performance originally appeared on BloggingStocks on Tue, 11 May 2010 17:00:00 EST. Please see our terms for use of feeds.

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aflac first quarter earningsShares of insurance giant Aflac Inc. (AFL) were slightly higher in after-hours trading Tuesday following the company’s announcement of better-than-expected earnings for its first quarter.

After the market close Aflac posted earnings per share of $1.35 for its first quarter, which was slightly higher than the $1.32 that analysts had forecast for the company’s quarter. During the same period last year the company had earnings of $1.22 per share.

Continue reading Aflac Trading Slightly Higher Following Q1 Earnings Report

Aflac Trading Slightly Higher Following Q1 Earnings Report originally appeared on BloggingStocks on Wed, 28 Apr 2010 09:00:00 EST. Please see our terms for use of feeds.

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Humana Inc. (HUM), whose colleagues include Aetna Inc. (AET) and CIGNA Corporation (CI), reported Q1 earnings earlier today. The health insurer isn’t doing so well, unfortunately. In late trading, shares were down almost 3% to $43.73. Volume is above the norm, as you might expect.

I’ve covered many stocks that are near their 52-week highs, but this one doesn’t fall into such a desirable category. Alas, the 52-week high on the shares stands at $52.66. And, as you can see from the following one-year chart, the stock began its pullback after it topped out in January. Since then, things haven’t been too exciting.

Continue reading Humana Dips on Q1 Report

Humana Dips on Q1 Report originally appeared on BloggingStocks on Mon, 26 Apr 2010 17:00:00 EST. Please see our terms for use of feeds.

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TRV--a buy?The Travelers (TRV), which I first discussed on April 24, 2009 at a price of $30.50 is, as expected, becoming less-cheap by the month. Hence, it’s likely that it’s “now or never” to catch this train and earn an out-sized gain with TRV during the current economic expansion.

Look for 2% to 4% premium revenue growth with TRV, as the insurance company takes advantage of new business opportunities. Prudent underwriting, a superior balance sheet, and a $1.32 annual dividend add to the positive mix.

Continue reading The Travelers Is in an Uptrend

The Travelers Is in an Uptrend originally appeared on BloggingStocks on Mon, 26 Apr 2010 09:30:00 EST. Please see our terms for use of feeds.

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