Sign up today and save up to 83% on a Hartford Courant digital subscription
Topics

UnitedHealth Group Inc.

Aetna tops 2Q profit forecasts

Aetna's second-quarter earnings jumped 33 percent and the health insurer raised its 2015 forecast again after receiving a boost from a government business it plans to feed with a $35 billion acquisition. Shares of the Hartford, Connecticut-based company started climbing Tuesday before markets opened and after it released results. Aetna said Thursday that higher underwriting margins or improved profitability helped balance a jump in operating costs. The nation's third-largest health insurer easily topped Wall Street expectations. The company raised its 2015 forecast for the third time, and now expects full-year operating earnings of at least $7.40 per share. That's up from a...

Loading
81°