Cigna & Exxon Mobil
Cigna, the U.S. insurer that specializes in employer-sponsored health benefits, said Q1 profit plunged 80%. Revenue +4.5% as operating profit for medical plans fell 18%.
More workers than expected quit their workplace health plans because of the weakened economy, company executives said.
Employers are also shifting to less profitable health plans industrywide.
Following on the heels of petrol refiner/retailer Valero's profit plunge...
Exxon Mobil, posted the smallest earnings increase among the world's three largest oil companies,
falling short of analyst estimates as production dropped and profit margins from refining narrowed.
Exxon Mobil, Shell and BP netted almost $13 million an hour combined in Q1 amid the steepest increase in oil prices since 2000.
Exxon Mobil is the world's biggest refiner and pumps more oil than every member of OPEC except Saudi Arabia and Iran.
On a 17% profit increase; U.S. refining profit plunged by more that 50%, leading to a gas production decline of 5.6% in the quarter.
leaving the worlds largest company by market value, unable to take full advantage of record prices. My tear ducts are welling...
More workers than expected quit their workplace health plans because of the weakened economy, company executives said.
Employers are also shifting to less profitable health plans industrywide.
Following on the heels of petrol refiner/retailer Valero's profit plunge...
Exxon Mobil, posted the smallest earnings increase among the world's three largest oil companies,
falling short of analyst estimates as production dropped and profit margins from refining narrowed.
Exxon Mobil, Shell and BP netted almost $13 million an hour combined in Q1 amid the steepest increase in oil prices since 2000.
Exxon Mobil is the world's biggest refiner and pumps more oil than every member of OPEC except Saudi Arabia and Iran.
On a 17% profit increase; U.S. refining profit plunged by more that 50%, leading to a gas production decline of 5.6% in the quarter.
leaving the worlds largest company by market value, unable to take full advantage of record prices. My tear ducts are welling...
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