Aetna Earns #9 Ranking in Barron's 500.-- Moves up from #116 in prestigious financial news publication -- HARTFORD, Conn. -- Aetna (NYSE NYSE See: New York Stock Exchange : AET AET Aetna, Inc. AET After Extra Time AET Actual Evapotranspiration AET Alliance for Environmental Technology AET Alpha-Ethyltryptamine AET Applied Extrusion Technologies, Inc. ) announced today that it has been ranked ninth in Barron's annual ranking of the top 500 companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. Barron's, one of the nation's leading financial news publications, mentioned Aetna's "noteworthy improvements" in moving up from its #116 ranking in last year's survey. The methodology used by Barron's to grade and rank the top 500 companies comprises four equally-weighted measures. For each company, Barron's rates stock price performance relative to the Standard & Poor's 500 Index for the 52 weeks ended April 27; the median cash-flow return on investment for the past three years and in the current fiscal year compared to the three-year median; and sales growth in the latest fiscal year, adjusted for acquisitions and divestures. The companies are then awarded a "grade-point average" for each metric, which resulted in Aetna's ranking. The top company in this year's survey was investment bank Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. . "We are very pleased to have been named a top performer in the Barron's 500 rankings," said Ronald A. Williams, Aetna chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We have a disciplined strategy based on understanding very targeted customer needs. Demonstrating an ability to consistently meet those needs is creating preference for Aetna in the marketplace and is key to delivering sustained, long-term profitable growth. This ranking, our financial performance, and the recently reported results of a benefit consultant survey showing that Aetna has 'best in class products and services,' serve as a reaffirmation that our strategy is working." Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 34.9 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health Behavioral health was first used in the 1980's to name the combination of the fields mental health and substance abuse. As an example, an organization serving both mental health and substance abuse clients might refer to its practice as behavioral health or , group life, long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. and disability plans, and medical management capabilities. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans and government-sponsored plans. www.aetna.com |
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