>> cigna has the u.s.? >> cigna is the largest provider around the globe for expatriots.ats. globalization transpires. secondly we have infrastructure in 30 different countries where we sell direct to individuals. as the economies grow in these markets, the growth of the middle class provides great demand for supplemental solutions. and we're a leader in those products. we see tremendous growth opportunities. that business will grow high teens from a topline growth standard and has for the last couple years. >> we want to point out what we're looking at. diamond foods has opened for trading. we heard earlier that the company is going to be restating 2010 and 2011 financials. diamond foods investigated accounting for payments to walnut growers. the company -- the committee found internal controls were inadequate. diamond foods appointing a new ceo and cfo. so the stock was halted. it has now reopened as you can ski there. it is down 35% on diamond foods. michael murphy now acting as serving cfo. as you can see, we're seeing a real reaction. we've been waiting for this stoc

recreation which shows in the fall and winter, recreation programming registration continues in a cignaeen upward trend. we increased registration from fall 2010-2011 by 15%. our warning of scholarships also continues an upward trend. we are pleased with what is quickly becoming the recreation program of choice in san francisco. this saturday we have a benefit for a summer camp program for kids in the autumn spectrum. the world renowned pianist and parent and a quartet will be playing. log on to our website to purchase tickets. if you're interested in testing your metal and some of the top pingpong players in the city, join us for the third annual open table tennis tournaments. you can also download the entry form on our website. spring extravaganza. i do believe pitchers and catchers report in a few days. our quarterly family friendly event will be held on april 7, including games, and annual rib cut off between the police and fire department staff. a more somber announcement. we were informed on january 28 that dolores park suffered a severe bout of vandalism. the club house was packe

the sheriff's deputies spotted the car and gave chase before the driver lostcontrol on cigna road. a 22 year old faces a series of charges. >>> officer william would have celebrated his birthday today, he was killed in the line of duty. more than one year ago. in honor of his service to the city of baltimore , the 600 block of wildwood parkway at edmonton avenue was renamed for him. he was shot to death outside of a nightclub in january while breaking up a fight. >>> new information tonight from our bad medicine investigation. the surgeon we spotlighted if the series, oscar ramirez appealed the decision to revoke his license. a judge affirmed the action take bin the maryland board of physicians and he remains out of business in maryland. you can see his story on the special section we created op our website, abc2news.com/bad medicine. click on special report, that's the update to the story. we want to show you the special report. how to look up your doctor, all kinds of information you can look up at your finger tips. we put the doctors we looked at, 49 of them. look at their actio

(v/o)judith had a so-called mini-med plan from cigna, which had low premiums two-thousand dollars towardecause they carry the warning "does not meet the minimum standards equired by the affordable care act."(sot: nancy metcalf)"another type of coverage you should avoid is something called a fixxd indemnity plan, which is easy to mistake for traditional health insurance." (v/o) indemnity plans are sometimes marketed to individuals as if &pthey are major medical insurance... and they can cost as much... but don'' be deceived. (sot: nancy metcalf) "indemnity plans will only payy out a fixed amount every year, no matter how sick you get. and they often don't cover imporrant things like drugs, all."(v/o)consumer reports pays it's very important to read any policy you're considering thoroughly... s pudith found out the harr way. and remember, a medical crisis can cost hundreds of thousandss of dollars... so pick a plan wiih enough coverage.((pat on cam))if you can't get traditional major medical insurance through an employer... the federal website healthcare.gov lists health care plans availab

. >> cigna, sony, chipotle to some degree. abber skrercrombie & fitch. >> i will have the ceo on tonight and i'm going to take the other side of chip chip poelt lee. the rest of those, i agree with that. >> and guy pointed this out on "fast money" yesterday, going into the earnings, if you had blintd folded me and said guess what which way the stock will trade and how much of the move will be, you wouldn't guess 2% on a name like chipole. >> i still think that food with integrity works. i like the story, david, once again, i urge you to tell me -- >> urge, go ahead. >> pull me back, go ahead, pull me back. >> from what? from liking chipotle? >> from being a little aggressive. perhaps some of these stocks are caught up in some sort of hoopla. >> i'm not going to call you back. >> david, you did write earlier this morning about red stone on the viacom call. >> i did, that's right. and that call continues. in fact i had to get off the call at the moment that they were going to start taking questions, questions will be centered on

but you had boston scientific, cigna, merck turned in disappointing earnings there.h the leaders at this point, dean, or do you think the laggards would be a good value right now? >> it's on the big picture, and the big picture after spending a lot of time talking to fund managers this month is people are getting back into risk. the alternative, i.e., being treasuries as per ben bernanke's design is very, very painful, i think the vix is going down. folks are seeing the waters are a little calmer. people are getting back into the market. >> do you go with the leaders or laggards? >> the winners. they show they can withstand volatility. we did a study on the earnings coming out, there's a huge disparity between the winners and losers. winners had made $10 billion, losers have lost $14 billion. that's an enormous spread. go with the winners. >> all right. dean, doug, good to see you both again. thank you for being patient this hour. that will do it for the first hour of the "closing bell." as we go out here, we're down about eight points on the industrial average, and

and then later, an expected rise in use of health care services, will it have a big impact on cigna.to the break, here's how the health insurers have been trading so far today. we're back after this. >>> and still to come, ceo john chambers will break down cisco's earnings before he even speaks to analysts on the conference call. you're watching cnbc, first in business worldwide. >>> i'm back on the floor of the new york stock exchange. you're standing in front of the post where they trade shares of western union, one of the great names in american economic history here, a company that's had to transform itself over the years. its shares down sharply. you see it under the ticker symbol wu. the company expects revenue to grow between 2% and 4% on a constant currency basis citing softness in europe. they're saying their margin outlooks are disappointing. jeffries warned initiatives created a head wind for those margins. right now, it's $100 million business. when you're trying to create that much extra market shares, maybe you're sacrificing profitability. shares at western union and m

look at some of the largest health plans in the country, health spring is an example and bravo now cignaf these plans have made stra titegic decisions. we think we're well-positioned to do that. >> sounds like you want to remain independent. my last question here is, we've seen big expensive drugs like lipitor go off patent and other big blockbusters are going off patent. now people are going to generics. how's that going to effect you? >> actually, when branded drugs lose their patent and go generic, this is a very good thing on two fronts. the first front is it's a money-saver for our clients. and it's our job to push the lowest net cost therapy that's appropriate for a patient. b but, secondly, we have a much better profit profile on a pill basis for a generic versus a branded medication. so this big convergence and conversion from branded drugs to generic is really good for our profit. >> and cost savings for the consumer like us as well. thank you very much for joining us. ceo of csx solutions. not easy to say. >> a mouthful. good luck to them. straight ahead tim cook taking the sta

we still face cigna began economic challenges, particularly with households across the family. americans are living with the acute damage. millions of americans are living in poverty. they're shuttling to save for retirement are pay for college. we face unsustainable fiscal deficits. the budget calls for substantial additional support for economic growth and job creation alongside longer-term reforms to improve economic opportunity and to restore fiscal responsibility. congress must extend the payroll tax cut and unemployment insurance by the end of this month. if they fail to act, 160 million americans will immediately pay more. 5 million people will lose or be denied unemployment insurance. we will continue to encourage congress to preserve the jobs and help more americans to finance their mortgages. beyond these immediate steps, it outlined a longer-term strategy to strengthen economic growth and improve economic opportunity while reducing our physical deficits. the conventional wisdom is that this debate does not matter. congress is too divided. this debate is very importan

. >> we recognize that we are going to have to have pretty cigna began changes. you can ask for more. then we have to decide how to get more. that is what we're talking about. >> as you know, we do not think it is realistic or fair to consider even those changes we proposed without changes to the tax system. >> i agree with that. i think we do need to modify our tax system. we ought to make it so we can create jobs and opportunities. >> we're going to have to raise revenues. >> would talk about entitlement reform, we are talking about it saving throw money. we think you need both of those things. >> i do not want to raise revenue. i want to see what we can do to get things under control. i know you want to get down to dinner. at some any more questions. very seldom am at all by myself. >> you have inherited a very tough job. i have respect for how hard you work. i know you're trying to do the best you can. unlike to see you convince this president of things we know he should be convinced of. i always respect people that work hard. you're one of the hardest worker

cigna earned $1.11 a share, eight cents worse than the street expected.reet's estimates of $5.67 and that stock will be lower. 45.68 is where the stock closed yesterday. >>> sony is reporting a bigger than expected loss for the most recent quarter and forecasting a fiscal year loss that is wider than previously expected. sony is citing losses in its television business as well as a strong yen, and by the way, howard stringer is out there, there's a new ceo tapped, kizuli harai. joe? >>> looking for an extra dose of "squawk box," follow us on something called twitter. >> come on. we -- andrew and i both have twitter accounts, too. he's @andrewrsorkin. >> your twitter can be on fa facebook? >> i don't think facebook can be on twitter. >> he's the father of tweeting. >> i'm still using smoke signals. i don't seen have a smart phone. i have a dumb phone. i have smart people though. >> bill saw his shadow. that means he gets scared and goes back in, six more weeks of winter, not that much of a winner. >> doesn't that make you a twit if you tweet? >> no, no, no

disappointing features that we have not been able pick of the free trade agreement that we know is a cignanomic stimulus. it would demonstrate that we are able to take collective action for the common good. in the absence of that, i think it is positive to see more regional trade agreements in the european context and bilateral agreements in the case of akira -- europe. it it demonstrates that we are not retreating into protectionism fed actually moving forward. all of those three things are not things that require acts of god or an indictable forces of nature to deliver. -- or unguidable forces of nature to deliver. >> let me turn to the issues. let me turn to you now. of very much what he to talk about your own country in the region. there is a ringside seat on the eurozone. i know you have the views on its. event, i know you have views on it. also relevant because you had a financial crisis quite recently. it has coped with that crisis remarkably well. you have some lessons to teach us as well. what is your perspective on where we are? >> well, let me talk about the current global econo

unfortunately, the water district, one of the proposed signatures -- cigna tores of the bill, walked away from the table when everyone else was ready to sign and we've been involved in this imbroleyow ever since. -- imbroglio ever since. no matter how you take it, this water is gone. 6800,000 acres feet. it may be recycled but the control of it is lost. the environmental protection that go along with that water are gone. both state and federal environmental protections, clean water act, national environmental protection act, california ceqa. this is the most amazing override of environmental law i have ever seen in the 37 years i have been involved in water policy throughout this nation. this is remarkable what is being atelled here. we've got to stop this bill. the chair: the gentleman's time has expired. the gentleman from california. mr. mcclintock: the gentleman's memory problem seems to have struck again. i do not recall to make such a statement either or intending to make such a statement. what i have said is that that 800,000 acre-feet which now will become a ceiling rather th

cigna began progress has been made. -- significant progress has been made. it emphasizes safety, proficiency, professionalism, and accountability. the implementation of technology now makes the grounds of arlington one of the most technologtechnologically advanc. it used to be a paper based operation using a typewriter and only one fax machine. calls were not answered. the work force was not properly manned or quit. the stewardship and displaying this is paramount in our effort to restore the trust and honor our veterans and their families deserve. a former chain of custody process has been implemented to maintain verifiable control of remains throughout the process.nt and in are mean we have recovered funds. they were fully used to fund the construction of this and to make the necessary improvements to years of backlogs. you have my commitment that we will continue to examine the funding wreckers to see if there are more dollars that can be recovered to cut back. in the accountability report, we have examined and photographed 259,000 markers and ditches. we