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Rise in Customers Boosts Anthem’s Profit

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From Bloomberg News

Anthem Inc., which is buying WellPoint Health Networks Inc. to become the biggest U.S. health insurer, said first-quarter profit rose 54% as it added customers and had a tax benefit.

Net income increased to $295.6 million, or $2.08 a share, from $191.7 million, or $1.36, a year earlier, the Indianapolis-based company said. Revenue rose 12% to $4.57 billion.

Anthem shares fell $1.48 to $91.86 on the NYSE.

From Bloomberg News

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