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WellPoint reports Q2 net income drop, lowers outlook
WellPoint Inc., parent company of Anthem Blue Cross and Blue Shield, announced Wednesday that net income for the second quarter declined to $750.5 million, or $1.44 per share, from $835.2 million, or $1.35 per share. (WLP)
Sacramento Business Journal  –  Jul 24, 2008 3:10 PM [GMT]  ¦  comment?
found in Local: California: Sacramento
In Brief - Wednesday
Wellpoint Q2 EPS rose 7% to $1.44, beating views by 8 cents. The HMO's revenue edged up 3% to $15.67 bil, above forecasts. It was...
Investor's Business Daily  –  Jul 24, 2008 12:29 AM [GMT]  ¦  comment?
found in Business
Membership Decline Hurts WellPoint
WellPoint said its net income fell 10% on a decline in customers, as the largest U.S. managed-care company by membership trimmed the high-end of its full-year earnings forecast.
Wall Street Journal  –  Jul 23, 2008 9:27 PM [GMT]  ¦  comment?
found in Health
WellPoint shares jump after company beats views
LOS ANGELES (MarketWatch) – WellPoint Inc. shares jumped 9% Wednesday after the health-insurance giant reported second-quarter income that beat street estimates, along with higher sales.
MarketWatch.com  –  Jul 23, 2008 8:52 PM [GMT]  ¦  comment?
found in Business
Wellpoint Profit Drops, but Beats Forecasts
INDIANAPOLIS (AP) -- Blue Cross and Blue Shield health plan operator WellPoint has reported a 10 percent drop in second-quarter profit on higher medical costs, and has narrowed its outlook for the full year.
New York Times  –  Jul 23, 2008 1:37 PM [GMT]  ¦  comment?
found in Business
WellPoint cuts '08 forecast
WellPoint, the Indianapolis-based health insurer, reported its second consecutive decline in quarterly profit today, but beat Wall Street's forecast.
IndyStar.com  –  Jul 23, 2008 11:34 AM [GMT]  ¦  comment?
found in Local: Indiana: Indianapolis
Wellpoint 2Q profit drops, but beats forecast
INDIANAPOLIS (AP) -- Blue Cross and Blue Shield health plan operator WellPoint has reported a 10 percent drop in second-quarter profit on higher medical costs, and has narrowed its outlook for the full year....
AP  –  Jul 23, 2008 10:51 AM [GMT]  ¦  comment?
found in Business
WellPoint Reports Second Quarter 2008 Results
Read full story for latest details.
PR Newswire  –  Jul 23, 2008 10:37 AM [GMT]  ¦  comment?
found in Top Stories: Press Releases
WellPoint net drops 10%, tops consensus
LONDON (MarketWatch) -- Health insurer WellPoint reported a 10% drop in second-quarter net income, which fell to $750.5 million, or $1.44 a share. Revenue rose 3% to $15.67 billion. The quarter included 3 cents a share of investment losses. WellPoint said higher medical costs, membership mix changes resulted in a 1.5 percentage point rise in its benefit expense ratio. For the year, it expects earnings between $5.42 and $5.57 a share, with enrollment dropping by around 150,000 members in the second half. Analyst polled by FactSet Research expected a profit of $1.36 a share for the quarter and $5.52 for the year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com  –  Jul 23, 2008 10:12 AM [GMT]  ¦  comment?
found in Business: Markets
WellPoint Systems Announces Changes to Board of Directors
Read full story for latest details.
Canada NewsWire  –  Jul 22, 2008 11:56 PM [GMT]  ¦  comment?
found in Canada