News Headlines Article

WellPoint profit falls 21%
Los Angeles Times

WellPoint’s first-quarter net income fell 21 percent as the nation’s second-largest health insurer adjusted to coverage changes introduced by the health care overhaul. But the Blue Cross Blue Shield insurer touted the underlying strength of its business and once again raised its 2014 forecast after reporting on Wednesday quarterly earnings that topped Wall Street expectations. Its stock climbed in premarket trading after it released results.

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