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Aetna Inc. stock price
Aetna Inc. latest news:
Health care stocks spike higher after McCain says 'no' to Graham-Cassidy
Health care stocks spiked higher in afternoon trade, to erase nearly all of their earlier broad losses, after Sen. John McCain said he could not vote for the Senate bill to repeal major parts of the Affordable Care Act, also known as Obamacare. The SPDR Health Care Select Sector ETF was down just 0.1% in afternoon trade, but had been down as much as 0.5% before McCain said no. Within the ETF, shares of UnitedHealth Group Inc. were down as much as 3.6% to lead the Dow Jones Industrial Average's decliners, but bounced to be down just 1.1% post-McCain. Elsewhere, shares of Aetna Inc. and Cigna Corp. were both up 0.2%, reversing earlier losses of 1.9% for Aetna and 1.0% for Cigna.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Health care sector falls as likelihood of ACA repeal rises; UnitedHealth's stock leads Dow losers
The health care sector traded broadly lower Tuesday, amid concerns over the potential effects of the Graham-Cassidy bill, which some analysts say is becoming increasingly likely to repeal and replace the Affordable Care Act. The SPDR Health Care Select Sector ETF shed 0.9% in afternoon trade, with 56 of its 62 components trading lower. Among the XLV's most heavily-weighted components, UnitedHealth Group's stock dropped 1.8% to pace the Dow Jones Industrial Average's decliners. The price decline of $3.61 was shaving 25 points off the Dow, which was up 44 points. Analyst Ana Gupte at Leerink Research said the bill could lead to "greater earnings downside in the near term than previous House and Senate bills for ACA-levered stocks." Among companies that Gupte said are at particular risk, shares of Centene Corp. slumped 4.6% and Molina Healthcare Inc. gave up 6.1%. Elsewhere, shares of Aetna Inc. fell 3.4%, Humana Inc. slid 3.2%, Cigna Corp. declined 1.9% and Anthem Inc. was down 2.0%. Gupte said diversified managed care organizations (MCOs) like Humana and Cigna are more defensive, though exposure should be manageable for UnitedHealth, Aetna and Anthem. The XLV has gained 4.3% over the past three months, while the S&P 500 has tacked on 2.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Some Aetna customers had their HIV status exposed in mailing
When envelopes jostled in mail, some Aetna customers found their HIV prescription information could be seen by family or others.
Aetna meets with Apple to bring smartwatch to more consumers: report
Aetna (NYSE:AET) and Apple (NASDAQ:AAPL) reportedly held meetings behind closed doors last week as the health care company seeks to bring Apple devices to more of its consumers.
Aetna in talks with Apple to offer Apple Watch to its 23 million members: report
Apple Inc. and insurance company Aetna Inc. held talks late last week to bring Apple's fitness-tracking smartwatch to Aetna's 23 million members, according to a report from CNBC on Monday, citing unnamed sources. Shares of Aetna were up more than 2% during intraday trade on Monday, while Apple shares were up 1.5%. According to the report Aetna, which currently offers an Apple Watch to its 50,000 employees as part of a wellness program, is negotiating to offer free or discounted watches to members. For the first three months of the year the Apple Watch was the top-selling wearable tracker on the market, overtaking Fitbit. CNBC's report says Aetna's proposed timeline is for early next year. Shares of Aetna are up more than 25% in the year to date, while Apple shares are up more than 38%. By comparison, the S&P 500 index is up more than 10%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Aetna trumps 2Q expectations after scaling back ACA coverage
Aetna's second-quarter profit jumped 52 percent to top Wall Street estimates and the health insurer raised its 2017 forecast again, this time well beyond analyst expectations
BRIEF-Staff One HR partners with Aetna to offer a master medical plan to national marketplace
Staff One HR: * Has partnered with Aetna to offer a master medical plan to national marketplace. * Will offer its clients a variety of plan designs, featuring low, mid-range and high deductibles Source text for Eikon: Further company coverage:
Aetna to move headquarters from Hartford to NYC
Aetna is moving its headquarters from Hartford to NYC, despite lobbying by Connecticut officials.
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