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News summary: WellPoint’s 1Q profit rises 3 pct

By The Associated Press
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QUARTERLY GROWTH: Health insurer WellPoint Inc. said Wednesday its first-quarter earnings rose about 3 percent to $885.2 million, or $2.89 per share. Its adjusted earnings totaled $2.94 per share, not counting investment gains.

TOPS FORECAST: The adjusted figure easily topped the average analyst forecast of $2.38 per share, according to FactSet.

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