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Cigna’s 3Q profit falls 35 pct on charge
San Francisco Chronicle

Cigna Corp. said Friday its third-quarter profit tumbled 35 percent due to a bigger hit from some businesses the managed care company discontinued years ago. The Bloomfield, Conn., health insurer reported its net income fell to $200 million, or 74 cents per share, in the three months that ended Sept. 30, down from $307 million, or $1.13 per share, a year ago.