News Headlines Article

Insurer Aetna’s 1Q profit tumbles 13 percent
San Francisco Chronicle

Aetna Inc.’s first-quarter profit fell 13 percent as expenses rose and the health insurer faced a tough comparison to year-ago earnings that included a one-time gain. The Hartford, Conn., company’s adjusted earnings missed Wall Street expectations, and its shares tumbled more than 7 percent in premarket trading.