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Sunday 18 October 2015
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Pre-Market News Buzz on: CIGNA (NYSE:CI), Range Resources (NYSE:RRC), Bristol-Myers Squibb (NYSE:BMY), Whole Foods Market, (NASDAQ:WFM)

On Thursday, CIGNA Corporation (NYSE:CI)’s shares inclined 4.16% to $156.70.

Cigna Corporation (CI) and Providence-Swedish Health Alliance ACO in Western Washington have launched a collaborative care initiative that aims to improve patient access to health care, enhance care coordination, and achieve the aim of improved health, affordability and patient experience.

Cigna Collaborative Care is the company’s approach to accomplishing the same population health aims as accountable care organizations, or ACOs. The program with Providence Swedish Health Alliance will benefit more than 7,100 individuals covered by a Cigna health plan who receive care from more than 1500 ACO providers.

In places where it’s been introduced, Cigna Collaborative Care is assisting to improve the health of Cigna customers while effectively managing medical costs. The programs are assisting to close gaps in care, such as missed health screenings or prescription refills, reinforcing the appropriate use of hospital emergency rooms, increasing the number of preventive health visits and improving follow-up care for people transitioning from the hospital to home.

Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally. The company’s Commercial segment offers insured and self-insured customers medical, dental, behavioral health, and vision, in addition to prescription drug benefit plans, health advocacy programs, and other products and services. Its Government segment offers Medicare Advantage plans to seniors in 16 states and the District of Columbia, Medicare Part D plans in 50 states and the District of Columbia, and Medicaid plans.

Range Resources Corp. (NYSE:RRC)’s shares gained 2.19% to $46.29.

RANGE RESOURCES CORPORATION (NYSE: RRC) declared that its second quarter 2015 financial results news release will be issued Tuesday, July 28 after the close of trading on the New York Stock Exchange.

A conference call to review the financial results is planned on Wednesday, July 29 at 9:00 a.m. ET (8:00 am CT). To take part in the call, please dial 877-407-0778 and ask for the Range Resources second quarter 2015 financial results conference call. A replay of the call will be accessible through August 29. To access the phone replay dial 877-660-6853. The conference ID is 13612457.

Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and Midcontinent regions.

At the end of Thursday’s trade, Bristol-Myers Squibb Co (NYSE:BMY)‘s shares surged 0.22% to $67.89.

Alexandria Real Estate Equities, Inc. (ARE), the largest and leading REIT uniquely focused on collaborative science campuses in urban innovation clusters, declared recently that Bristol-Myers Squibb (BMY), a global biopharmaceutical company, will establish a state-of-the-art research and development center at the Alexandria Center® at Kendall Square (ACKS) in the heart of the Cambridge Kendall Square innovation cluster. As the anchor tenant in Alexandria’s newest ground-up development at 100 Binney Street, Bristol-Myers Squibb will lease 208,000 rentable square feet (RSF) in a world-class, highly sustainable office/laboratory facility that has a total of 431,500 RSF. The project will start construction in July 2015 and is predictable to be delivered in the fourth quarter of 2017.

The decision by Bristol-Myers Squibb to locate its state-of-the-art research facility in the Cambridge Kendall Square innovation cluster affirms Alexandria Center at Kendall Square’s reputation as one of the world’s most desirable locations for life science recruitment, innovation, and collaboration.

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It provides chemically-synthesized drugs or small molecules, and biologics in various therapeutic areas, counting virology comprising human immunodeficiency virus infection (HIV); oncology; neuroscience; immunoscience; and cardiovascular.

Whole Foods Market, Inc. (NASDAQ:WFM), ended its Thursday’s trading session with 2.43% gain, and closed at $40.87.

Whole Foods Market, Inc. (WFM) declared it will issue financial results for the Company’s third fiscal quarter ending July 5, 2015, after the market closes on Wednesday, July 29, 2015. Following the release via the wire services, the Company will host a conference call with financial analysts and investors from 4:00 - 4:45 p.m. (CT).

Whole Foods Market, Inc. operates as a retailer of natural and organic foods. The company’s stores offer produce and floral, grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, and body care products, in addition to lifestyle products, counting books, pet products, and household products. As of May 7, 2015, the company had about 417 stores worldwide.

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