News Headlines Article

Aetna tops 2Q profit forecasts
San Francisco Chronicle

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.