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Reuters: Humana cuts 1st-qtr profit forecast by almost half

Started by chris, March 12, 2008, 08:01:03 PM

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chris

Humana cuts 1st-qtr profit forecast by almost half
      


NEW YORK (Reuters) - Humana Inc  slashed its first-quarter earnings forecast by nearly half on Wednesday on high costs in its Medicare prescription-drug plans for the elderly, crushing its shares as the health-insurance industry was roiled for a second straight day.
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