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Just days after a gunman killed 11 people at a Pittsburgh synagogue, Fink said his company has privately engaged with gun makers on how they plan to respond to the social backlash from mass shootings. BlackRock is the largest shareholder in several gun makers through its massive index funds, which generally hold shares in all companies in a certain index. Fink in January wrote a letter to corporate executives saying that companies need to show how they make “a positive contribution to society” in addition to delivering financial performance, as his company faces such demands from shareholders and customers.

(Reuters) - U.S, health insurer Cigna Corp (CI.N), which is in the process of acquiring Express Scripts Holding Co ESRX.O, significantly bumped up its 2018 adjusted profit forecast, and its shares rose more than 3 percent on Thursday, The company beat Wall Street expectations for quarterly profit by 40 cents per share as it kept a tight rein on medical costs across its businesses, but the new 2018 forecast of $14.20 to $14.40 per share raises the midpoint from its prior outlook by 55 cents, “The guidance raise in excess rudolph alexander half moons rose gold silver cufflinks of the magnitude of the earnings beat this quarter signals Cigna’s confidence in its industry-leading medical cost performance,” Leerink analyst Ana Gupte said..

Cigna’s $52 billion buy of pharmacy benefits manager Express Scripts is on track to close by the end of the year, after which the company expects to focus on paying down debt. “Over the immediate term .. our capital priorities are quite clear. We’re very well positioned .. to aggressively pay down our debt levels in the first 18 to 24 months,” Chief Executive Officer David Cordani said on a conference call. “As we look beyond that, we’re going to have a tremendous capital flexibility,” he added.

Cigna’s Express Scripts deal, and CVS Health Corp’s rudolph alexander half moons rose gold silver cufflinks (CVS.N) $69 billion acquisition of Cigna rival Aetna Inc AET.N signals a changing healthcare landscape as companies work to cut costs and brace for the threat of disruptive players such as Amazon.com Inc (AMZN.O) moving into the healthcare arena, Cigna is banking on the Express Scripts deal to help lower client expenses and cushion the impact of increases in the cost of medical services, In the third quarter, Cigna’s commercial medical loss ratio - the amount it spends on medical claims compared to income from premiums in its biggest business - improved to 76.3 percent, from 78.6 percent a year earlier..

The consensus estimate was 77.4 percent, according to Evercore ISI. Cigna, which mainly sells large and medium-sized corporate and international insurance, said the commercial business saw a 3 percent rise in membership to 15.8 million. The company, which also provides government-backed Medicare plans, reported a near 38 percent net rise in income for shareholders to $772 million. Excluding items, Cigna earned $3.84 per share, well above analysts’ average estimate of $3.44, according to IBES data from Refinitiv.

WASHINGTON (Reuters) - New applications for U.S, unemployment aid fell last week and the number of Americans receiving benefits was the lowest in more than 45 years as labor market conditions tightened further, Other data on Thursday showed worker productivity slowing in the third quarter, but still growing at a relatively decent clip and compensation surging, rudolph alexander half moons rose gold silver cufflinks adding to recent reports and anecdotal evidence that the strong labor market was pushing up wage gains, The economy’s upbeat outlook was tempered by news that manufacturing activity slowed in October as a measure of new orders dropped to its lowest level in 1-1/2 years..

Initial claims for state unemployment benefits dropped 2,000 to a seasonally adjusted 214,000 for the week ended Oct. 27, the Labor Department said. Data for the prior week was revised to show 1,000 more claims received than previously reported. Claims fell to 202,000 during the week ended Sept. 15, which was the lowest level since November 1969. Economists polled by Reuters had forecast claims falling to 213,000 in the latest week. The Labor Department said claims for North Carolina continued to be affected by Hurricane Florence, while Hurricane Michael impacted those for Florida and Georgia.

The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, rose 1,750 to 213,750 last week, The claims data has no bearing on October’s employment report, which is scheduled for release on Friday, as it falls outside the survey period, According to a Reuters survey of economists, nonfarm payrolls probably rebounded by 190,000 jobs in October after rudolph alexander half moons rose gold silver cufflinks Florence depressed restaurant and retail payrolls in September, But the pick-up in job growth was likely tempered by Michael, which struck the Florida Panhandle in mid-October..

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