WellPoint’s Profit Drops 5.4% After Investment Losses
After pre-tax investment losses of $562.6 million, WellPoint on Wednesday reported that its Q3 profit dropped 5.4% to $820.7 million and that its quarterly revenue of about $15 billion also was down slightly. Â WellPoint is the parent company of Anthem Blue Cross.
- "Investment Losses Push WellPoint's Profit Down 5.4%" (Lee, Indianapolis Star, 10/23).