Medco profit beats Street view, raises 2007 view
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U.S. drug benefit manager Medco Health Solutions Inc.  on Wednesday reported a higher-than-expected quarterly profit on strong demand for mail-delivered generic medicines and raised its 2007 outlook, sending its shares up more than 11 percent to an all-time high.
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Walgreen Co. (WAG.N: Quote, Profile, Research) , the top US drugstore chain, on Monday said quarterly profit rose 18 percent on strong sales of prescription drugs
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Health insurer WellPoint Inc   said on Wednesday that third-quarter profit rose 7 percent as  membership increased.
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Medtronic Inc. (MDT.N: Quote, Profile, Research) on Wednesday said its quarterly earnings rose on brisk demand for devices that manage irregular heart beats and products used to treat the spine.
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Walgreen Co. , one of the largest U.S. drugstore chains, posted a 19.6 percent rise in quarterly profit on Monday, boosted by new stores and an inventory credit.
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Medtronic Inc.  reported higher  quarterly profit on Tuesday as demand for its spine, vascular  and neurology products offset weak sales of its implantable  devices to shock racing hearts back to normal rhythm.
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Sanofi-Aventis  posted higher-than-expected fourth-quarter current operating profit, despite healthcare savings in Europe as well as generic rivalry, and the drugmaker predicted more growth for 2007.
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Diversified health-care company Johnson & Johnson  on Tuesday said its quarterly profit rose on higher sales of prescription drugs and medical devices.
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CHICAGO, Sept. 25  &#151; The Walgreen Company, the drugstore chain, posted a 25 percent increase in quarterly profit on Monday driven by strong sales of prescription medications, but its shares declined as earnings before unusual items fell short of expectations.
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DEERFIELD, Ill. - Walgreen Co., the nation's largest drugstore chain by sales, on Monday said fourth-quarter profit jumped 25 percent, led by stronger prescription revenue.  For the quarter ended Aug.
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Third-quarter profit rose 15 percent to $1.28 billion as premium and fee growth in its Medicaid business helped offset lower enrollment in employer-sponsored programs.
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Medtronic Inc. (MDT.N) on Wednesday said its quarterly earnings rose on brisk demand for devices that manage irregular heart beats and products used to treat the spine.
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Walgreen Co , one of the largest U.S. drugstore operators, posted higher quarterly profit on Friday, helped by higher sales and cost controls.
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Health insurer UnitedHealth Group Inc. said Tuesday its fourth-quarter earnings climbed 3 percent, as growth in prescription services and Medicaid plans offset a smaller profit in its core health coverage division.
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Medco Health Solutions Inc   reported better-than-expected quarterly earnings on Tuesday,  helped by sales of generic drugs, and the pharmacy benefit  manager boosted its full-year profit forecast, sending its  shares higher.
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Humana posted sharply higher quarterly profit, above Wall Streetâs average estimate, on strength in Medicare health plans for the elderly and its plans for employers.
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Helped by sales of generic drugs, the pharmacy benefit manager lifted its full-year profit forecast, sending its shares higher.