Aetna Earnings Rise 4% on Higher Medical Membership
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Fourth-quarter profit increased 4 percent as growing medical enrollment lifted revenue from health care premiums.
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Avon Products reported higher-than-expected fourth-quarter earnings yesterday as it pressed ahead with a revamping program, setting off a 10 percent gain in its share price.
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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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Eli Lilly and Co  on Tuesday said fourth-quarter profit rose on lower taxes and better-than-expected sales of its medicines, including its newer treatments for depression, diabetes and cancer.
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The health insurer got a boost from its growing government segment, a lower-than-expected income tax rate and a gain on the sale of a venture capital investment.
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Biotech giant Amgen Inc. reported Thursday that its fourth-quarter profits rose, topping analysts' estimates, despite government warnings about the safety of its popular anemia drugs.
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AT&T reported strong fourth-quarter earnings, with net income rising 63 percent, due in large part to the growth in wireless communications.
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Health benefits provider Anthem Inc. said Wednesday that third-quarter profit rose on membership gains and increased premiums. Net income increased to $242.
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In a preliminary report, I.B.M. said its fourth-quarter earnings from continuing operations rose 24 percent from a year ago, beating Wall Street expectations by a wide margin.
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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 care company raises earnings guidance, but its vital signs bear watching.
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- Aetna Inc  on Thursday posted a better-than-expected third-quarter profit as membership increased, and the health insurer raised its full-year forecast.
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Medco Health Solutions Inc. , one of the largest U.S. managers of drug benefits, said on Wednesday that profit rose 29 percent, as higher rates of mail-delivered generic drugs drove better profit margins, and it lifted its full-year earnings forecast.
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Impressive earnings drive the medical device maker to a 52-week high.
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Premiums for employer-sponsored health insurance increased an average of 11.2 percent in 2004, marking the fourth consecutive year of a double-digit increase and outpacing the growth in wages and inflation by wide margins, according to a survey released
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Employer-sponsored health insurance premiums increased an average of 11.2% in 2004 -- less than last yearâs 13.9% increase, but still the fourth consecutive year of double-digit growth, according to the 2004 Annual Employer Health Benefits Survey
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Humana, the health insurer, said yesterday that profit more than doubled as enrollment increased in the companyâs Medicare plans for older Americans.