WellPoint said its profits have nearly doubled as a result of its merger last year with Anthem. The giant health plan announced stellar numbers today, with net income up 164 percent to $640 million. The insurer said its sales more than doubled, rising to $11.3 billion from $4.8 billion. It wasn't enough for Wall Street, however, which was looking for more. WellPoint shares were down 3% in morning trading.
- see this article from TheStreet.com
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