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Cigna Group (The) - CI STOCK NEWS

Welcome to our dedicated news page for Cigna Group (The) (Ticker: CI), a resource for investors and traders seeking the latest updates and insights on Cigna Group (The).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cigna Group (The)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cigna Group (The)'s position in the market.

News
AM Best Affirms Credit Ratings of The Cigna Group and Its Subsidiaries
Rhea-AI Summary
AM Best affirms the credit ratings of The Cigna Group and its subsidiaries, reflecting strong balance sheet strength, operating performance, and favorable business profile. The ratings are stable, indicating a positive outlook. Cigna's core U.S. health insurance entities show consistent cash flow, strong earnings, and robust capitalization. The organization's high goodwill/intangibles and debt management are notable. Cigna's commercial segment drives earnings, with positive growth expected in 2024. The sale of its Medicare business to Health Care Service is on track, enhancing Cigna's business profile. Overall, Cigna showcases a strong position in the health care market, supported by a diverse product portfolio and comprehensive ERM program.
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The Cigna Group Declares Quarterly Dividend
Rhea-AI Summary
The Cigna Group (CI) declares a quarterly dividend of $1.40 per share, payable on June 20, 2024, to shareholders of record as of June 4, 2024.
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The Cigna Group Announces Appearance at the BofA Securities 2024 Health Care Conference
Rhea-AI Summary
The Cigna Group, a global health company, will be presenting at the BofA Securities 2024 Health Care Conference on May 15, 2024. Brian Evanko, the executive vice president and chief financial officer, will be leading the presentation in Las Vegas, NV. Investors can access the live webcast on The Cigna Group's website.
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-0.15%
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The Cigna Group's First Quarter 2024 Earnings Release Details
Rhea-AI Summary
The Cigna Group (CI) will release its first quarter 2024 financial results on May 2, 2024. A conference call will follow to review the results. Participants can access the call via phone or webcast. Financial documents will be available on the company's website.
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-1.33%
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The Cigna Group Named Among Best Employers for Health and Well-Being
Rhea-AI Summary
The Cigna Group (NYSE: CI) has been recognized for excellence in employee health and well-being by the Business Group on Health, marking the 17th consecutive year of recognition. The company focuses on advancing employee well-being through comprehensive benefits and innovative initiatives, emphasizing the importance of a healthy and diverse workforce. Initiatives include virtual-first care solutions, Peloton-powered fitness programs, and enhanced physical office spaces.
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-0.14%
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The Cigna Group Raises Long-Term Growth Target, and Launches New Innovative Solutions at 2024 Investor Day
Rhea-AI Summary
The Cigna Group (CI) raises its long-term average annual adjusted EPS growth target to 10%-14% and reaffirms its 2024 adjusted EPS guidance of at least $28.25. The company announces innovative solutions for health care challenges, including a financial guarantee for GLP-1s, mental health care access, and a $0 out-of-pocket cost Humira biosimilar for eligible patients.
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0.86%
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The Cigna Group Announces Appearance at Barclays 26th Annual Global Healthcare Conference
Rhea-AI Summary
The Cigna Group (CI) will present at Barclays 26th Annual Global Healthcare Conference on March 12, 2024, in Miami, FL. Brian Evanko, the CFO, will lead the presentation at 4:05 p.m. ET. Investors can access a live webcast on The Cigna Group's Investor Relations website.
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High Maximum Benefit Dental Insurance Sales Skyrocket
Rhea-AI Summary
DentalInsurance.com reports a significant increase of 122% in annual sales of high maximum benefit dental plans in 2023 compared to 2022. The average maximum benefit observed across their products was $1,893, with high maximum plans offering at least $2,500. The most generous limit on DentalInsurance.com was $10,000, while the lowest was $500. The surge in sales was attributed to the strategic decision to offer more plans with high maximum benefits to counter rising inflation post-COVID.
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0.59%
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The Cigna Group Announces Pricing Terms of Tender Offers
Rhea-AI Summary
Cigna Group (CI) announces pricing terms for its tender offers to purchase senior notes with specific details on Total Consideration, Early Tender Payment, and Tender Offer amounts. The offers include Any and All Tender Offer and Maximum Tender Offer, with detailed information on the securities, acceptance priority levels, and reference U.S. Treasury securities.
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0.59%
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The Cigna Group Announces Early Results of Tender Offers and Upsize of Maximum Tender Offer
Rhea-AI Summary
Cigna Group (CI) announces successful results of tender offers for various senior notes, with an increase in the Maximum Tender Offer Amount. The company will purchase validly tendered notes and has set specific acceptance priorities and proration factors for each series of securities.
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Stock CI logo
Cigna Group (The)

NYSE:CI

CI Rankings

#118 Ranked by Market Cap
#2388 Ranked by Stock Gains
#1566 Ranked by Dividends

CI Stock Data

99.23B
290.97M
1.5%
89.85%
1.97%
Direct Health and Medical Insurance Carriers
Finance and Insurance
Link
US
Bloomfield

About CI

The Cigna Group is a global health services company. The Companys portfolio of offerings solves diverse challenges across the healthcare system. The Company offers a differentiated set of pharmacy, medical, behavioral, dental and supplemental products, and services, primarily through two platforms: Evernorth Health Services and Cigna Healthcare.