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Cigna second quarter profit jumps 37%
AP/Boston Globe, August 1, 2008
Health insurer Cigna's second-quarter profit rose 37% on a jump in premiums and fees as the company's acquisition of Great West Healthcare boosted membership. Profit rose to $272 million, or 97 cents per share, from profit of $198 million, or 68 cents per share, during the same period a year ago. Excluding one-time gains and charges, the company earned $1.08 per share in the latest quarter.
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