WellPoint keeps outlook despite profit rise; shares off

(Reuters) – Health insurer WellPoint Inc reported forecast-beating third-quarter earnings on Wednesday, but investors were disappointed that the company did not raise its guidance and said the higher earnings had a weak underside.Shares of WellPoint, the second-largest U.S. health insurer by market value, slumped more than 5 percent, even as the company’s...

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Oil falls to lowest level since July

The price of oil tumbled nearly 5 percent Wednesday, its biggest decline of the year, as traders shifted their focus back to the struggles of the global economy.Benchmark oil fell $ 4.27 to finish at $ 84.44 per barrel in New York. It was the lowest price since July 10. Hours after President Barack Obama won re-election,...

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Merkel says Germany, Britain must work together on EU

LONDON (Reuters) – Germany and Britain must cooperate to work round their differences on the European Union‘s long-term spending plans, German Chancellor Angela Merkel said on Wednesday.“Despite differences that we have it is very important for me that the UK and Germany work together,” Merkel said through a translator before a meeting in London with Prime...

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Sony PlayStation certificate sparks talk China may lift console ban

TOKYO/SHANGHAI (Reuters) – Sony Corp‘s PlayStation 3 has received a certification of quality from a Chinese safety standards body, sparking speculation that China will end a decade-old ban on home game consoles.China has banned video game consoles since 2000, citing a need to protect the well-being of its young people. Some analysts cautioned against reading...

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War Widow’s Lawsuit Says Nat Geo, Fox Depicted Dead Husband’s Body, Aired Family Photo

NEW YORK (TheWrap.com) – An Army staff sergeant‘s widow says in a lawsuit against National Geographic and Fox that a documentary from the companies depicted her husband’s dead body and showed a private family photo she believes was taken from his laptop after he died.The suit seeks unspecified damages and to ban Nat Geo and Fox from using military family...

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Early sales of Vivus’s diet pill disappoint, shares slide

(Reuters) – Vivus Inc reported lackluster initial sales of its weight-loss pill Qsymia as a lack of reimbursement coverage prompted concerns about the drug’s adoption and dragged down shares of diet-drug makers.Shares of Vivus were down 24 percent at $ 11.38 on Tuesday afternoon on the Nasdaq after recovering from an earlier low of $ 11.00. Arena...

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Accounts merged after name mix-up

6 November 2012 Last updated at 08:06 ETTens of thousands of pounds ended up in the wrong savings account following a mix-up over two customers with the same name and date of birth. Insurance company Prudential mistakenly merged the records of the two customers in March 2007.The mix-up, which continued for more than...

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Officials: New mass graves found in Ivory Coast

ABIDJAN, Ivory Coast (AP) — Up to 10 new mass graves have been discovered near the site of a July attack on a camp for displaced people, officials said Tuesday, amid allegations that initial casualty totals were downplayed to mask killings carried out by the national army.Rights groups claim summary executions were carried out by the Republican Forces...

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VCast Closing Reveals Hidden Danger of “App Stores”

If you bought a smartphone from Verizon Wireless in the last couple of years, you may have noticed that it came with not one, but two app markets: the Google Play store (formerly known as the Android Market), and VCast, or Verizon Apps. VCast debuted in 2010 as an alternative app market which supported Verizon carrier billing, back when Google Play did...

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Broadway takes a big hit from Superstorm Sandy

NEW YORK (AP) — Superstorm Sandy, which darkened Broadway for four days, predictably ravaged the box offices around Times Square, with shows losing more than $ 8.5 million from the previous week.The Broadway League, the national trade association for the Broadway industry, released data Tuesday that showed, as expected, all shows took a hit. One of the...

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