WellPoint profit drops 5%, trims 2008 view

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October 22, 2008

WellPoint profit drops 5%, trims 2008 view October 22nd, 2008 LONDON (MarketWatch) — WellPoint , the Indianapolis health-care provider, said third-quarter net income dropped 5% to $820.7 million, or $1.60 a share, with operating revenue rising 2% to $15.31 billion. The quarter included 71 cents a share of losses on equity and fixed maturity security investments; a 17 cents a share impairment charge on its state sponsored business; and a 90 cents a share gain on resolving tax matters. For th
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