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Cigna’s 3Q profit falls; 2010 expectations rise
San Francisco Chronicle

Cigna Corp. said Friday its third-quarter profit fell nearly 7 percent on losses from some discontinued businesses, but commercial enrollment grew and the managed care company raised its 2010 profit expectations. The Philadelphia insurer earned $307 million, or $1.13 per share, in the three months that ended Sept. 30. That’s down from the $329 million, or $1.19 per share, in the same period last year. Revenue climbed more than 16 percent to $5.27 billion.