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Tuesday, July 29, 2014

Aetna Earnings Beat But Rising Medical Costs A Worry



Investors.com http://ift.tt/1qgNl77 Aetna gave its earnings guidance a booster shot following a strong second quarter aided by its acquisition of Coventry Health Care in 2013. The health insurer's earnings rose 11.2% to $1.69 a share, topping estimates for $1.60. Revenue jumped 25.3% to $14.49 billion on views for $13.99 billion. But shares fell 2.7% to 82.57 in early trading on the stock market today amid concerns about rising health care spending costs. The medical benefit ratio --


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