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* Shares of PacifiCare rose 5% after a Morgan Stanley analyst said the company raised premiums more than expected in some markets. PacifiCare shares rose $1.25 to close at $25.56 on Nasdaq. Santa Ana-based PacifiCare was able to raise premiums an average of 11.7% for customers renewing business this year, Morgan Stanley Dean Witter & Co. analyst Christine Arnold said in a report. Last year, PacifiCare raised premiums 8.2%.

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