UnitedHealth Posts 15% Profit Increase and Raises Its Full-Year Forecast
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The company said it had given up some health insurance customers to stay profitable and said that the total number of people it served declined by 80,000.
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United Parcel Service Inc.  on Tuesday posted a higher profit citing growth in its global business, supply chain and freight units, plus modest growth in its U.S package business despite a "sluggish" economy.
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UnitedHealth Group Inc. UNH.N on  Thursday said quarterly profit jumped nearly 46 percent as  medical costs stabilized, and the No. 2 health insurer also  boosted its 2005 forecast.
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Medco Health Solutions Inc  on Tuesday posted higher-than-expected quarterly earnings, helped by sales of generic drugs, and the pharmacy benefit manager boosted its full-year profit forecast.
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Merck & Co.  on Monday said its  second-quarter earnings more than doubled on growing demand for  its drugs, blowing past Wall Street expectations, and raised  its full-year profit forecast.
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Aetna Inc. AET.N on Thursday posted a  steep rise in quarterly profit as the health insurer boosted  its forecast for the rest of this year and gave a 2005 profit  estimate above analysts' views, pushing shares up 5 percent.
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Humana Inc.  said on Monday that quarterly net profit more than doubled on strong Medicare membership growth, which prompted the health insurer to raise its 2007 earnings forecast.
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United Natural Foods Inc.  on Tuesday said quarterly profit rose as sales jumped after it regained its deal to be the primary distributor to Wild Oats Markets Inc. .
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Diversified manufacturer United  Technologies Corp. UTX.N posted a 13 percent rise in  quarterly profit on Wednesday and lifted the low end of its  full-year earnings forecast range, helped by strong demand for  Otis elevators and aerospace equipment.
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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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UnitedHealth Group Inc. UNH.N, the  second biggest managed health care company, on Thursday said  profit rose as its premiums outpaced the soaring cost of  medical care.
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Aetna Inc  posted a better-than-expected third-quarter profit on Thursday as membership increased, and the health insurer projected next year's earnings would grow faster than Wall Street expected.
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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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The Pepsi Bottling Group reported higher-than-expected profit yesterday, helped by cost controls and price increases, and raised its full-year forecast, sending its shares up.
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Property group Lend Lease Corp. on Wednesday announced a return to full-year profit and forecast earnings-per-share growth of more than 15 percent in the current year.
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United Parcel Service Inc  on Tuesday posted a better-than-expected profit citing growth in its global business, supply chain and freight unit, plus modest growth in its U.S package business despite a "sluggish" economy.
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Luxury jeweler Tiffany & Co.  reported a 15 percent rise in quarterly profit on Thursday, edging past Wall Street estimates, and forecast full-year earnings in line with analysts' expectations.