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WellPoint’s 3Q profit falls 7.5 pct; outlook rises
San Francisco Chronicle

WellPoint Inc.’s third-quarter earnings fell more than 7 percent compared to last year, when results were fortified by a $110 million release from the health insurer’s reserves. The performance still topped Wall Street expectations. The largest publicly traded health insurer based on enrollment also raised its earnings forecast for 2011 and said Wednesday it expects earnings growth in 2012.