Thursday, July 19, 2007

UPDATE 2-UnitedHealth posts higher quarterly profit

(Reuters) - NEW YORK, July 19 - Insurer UnitedHealth Group Inc. said on Thursday that second-quarter profit rose 22 percent, beating analyst estimates, as premium revenue increased and operating margins improved, but an important medical-cost gauge worsened from the first quarter.



Net income increased to $1.2 billion, or 87 cents per share, from $981 million, or 70 cents per share, a year earlier.


Read more at Reuters.com Market News

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