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Aetna No Longer the Picture of Health
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Are more reductions possible at Aetna(AET Quote)? Analysts seem to think so.
The managed-care company lowered its full-year guidance on Tuesday and analysts said further outlook cuts are possible, sending shares in the company tumbling 6% to $25.64 in afternoon trading.
Aetna has been lauded in the past as the only major health insurer to not resort to guidance cuts. But, inevitably, the same issues that rivals like Cigna(CI Quote) and Unitedhealth Group(UNH Quote) have faced are now hitting Aetna. ...
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