9 Quotes by Peter Costa

  • Author Peter Costa
  • Quote

    Jack Rowe did an excellent job bringing stability to this company when it needed it most and brought in strong people and turned the company around. He is the man most responsible for the turnaround at Aetna. You can see it in the way the shares have performed in the last few years.

  • Tags
  • Share

  • Author Peter Costa
  • Quote

    We believe the stock sold off yesterday on sector rotation, but we would be aggressive buyers of the stock at these levels, considering the strong fundamentals and attractive valuation.

  • Tags
  • Share

  • Author Peter Costa
  • Quote

    The quarter was helped by continued strong fully insured enrollment and stable medical costs, as well as lower administrative costs and higher investment income,

  • Tags
  • Share

  • Author Peter Costa
  • Quote

    Emotionally, there was a sense this week of people wanting to get home and be with their families. In terms of trading there was not a lot going on and the volume was really low. I think you'll start to see some money coming back in when earnings get started ... and when there is some progress with the Middle East.

  • Tags
  • Share

  • Author Peter Costa
  • Quote

    The Yahoo! news is positive, but I don't know how much it's going to weigh on the market.

  • Tags
  • Share

  • Author Peter Costa
  • Quote

    They're pretty much in line with what you would expect to see at this point in time. The individual sign-ups are still yet to come in a significant way, and I think that's what people are waiting to see.

  • Tags
  • Share

  • Author Peter Costa
  • Quote

    It's a close quarter in earnings given that people expect to beat consensus, you could argue it wasn't the best quarter they've had.

  • Tags
  • Share

  • Author Peter Costa
  • Quote

    It was a good quarter for them. They came in well ahead, ... They did it by keeping control of their medical costs. Aetna's medical cost trend moved higher whereas Cigna was able to keep it in control.

  • Tags
  • Share

  • Author Peter Costa
  • Quote

    It was pretty panicked this morning, but as the day wore on some bottom-fishers stepped in. Probably what you're going to see next week is the same as this week. It's gonna be that way for a few weeks until we start to see some earnings or get some good news.

  • Tags
  • Share