Aetna Inc forecast increases in medical customers and profit for 2013 and reported a 7 percent rise in first-quarter revenue due to higher premiums in the health insurer's Medicare and Medicaid businesses.But the company said net income had fallen 4 percent to $490.1 million from a year earlier due to costs from its pending purchase of Medicare specialist Coventry Health Care Inc .Excluding those costs and capital gains, earnings rose to $1.50 per share from $1.34. On that basis, analysts were expecting $1.39 per share, according to Thomson Reuters I/B/E/S.Aetna said revenue increased to $9.54 billion and that operating expenses had fallen during the first quarter because of cost-cutting.
Aetna Inc. (Aetna) is a diversified healthcare benefits company. Shares of AET remained unchanged at $56.16. In the past year, the shares have traded as low as $34.58 and as high as $57.54. On average, 3347100 shares of AET exchange hands on a given day and today's volume is recorded at 0.
Coventry Health Care, Inc. (Coventry) is a diversified national managed healthcare company based in Bethesda, Maryland. Shares of CVH remained unchanged at $48.90. In the past year, the shares have traded as low as $28.94 and as high as $49.52. On average, 1046040 shares of CVH exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $33.72. In the past year, the shares have traded as low as $26.20 and as high as $33.74. On average, 1097690 shares of TRI exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.95% or $0.32/share to $34.10. In the past year, the shares have traded as low as $26.65 and as high as $34.12. On average, 1201120 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 1896834.
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