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CIGNA Announces $30-40 Million Cost Reduction Charge (Business Wire via Yahoo! Finance)
PHILADELPHIA----CIGNA announced today several actions in response to the economic downturn that will strengthen the company’s competitive position, including the reduction in its global workforce by approximately 1,100 positions, around 4 percent of the company’s employees, and the planned consolidation of certain real estate locations.
Read more...Stocks to Watch: Stocks in focus for Tuesday (Market Watch)
Among the companies whose shares are expected to see active trade in Tuesday's session are Global Payments, Wells Fargo, Cigna and LDK Solar.
Read more...No job, no health insurance: How to survive tough times (Atlanta Journal-Constitution)
Just two weeks after getting laid off from his job, Ashish Desai sprained his ankle and knee playing tennis. No paycheck and no health insurance meant no doctor for the Buckhead resident. Desai bandaged the injuries the best he could and left them to heal. "It doesn't feel great by any stretch, but it feels good enough," said Desai, 32, a former securities analyst who lost his job in October ...
Read more...Stocks In Focus For Tuesday (Fox News)
Stocks In Focus For Tuesday
Read more...Slew Of Economic Data May Impact Investor Sentiment - RTTNews Daily Market Analysis (Nasdaq)
(RTTNews) - The major U.S. index futures are pointing to a higher opening on Tuesday, with stocks likely to move back to the upside after ending the previous session in the red. The upward momentum comes ahead of the release of some key economic data.
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