EARNINGS ROUNDUP / AETNA
Times Wire Reports
Aetna Inc., the third-largest U.S. health insurer, reported a 57% drop in profit because of investment losses and expenses for eliminating jobs.
The Hartford, Conn., company maintained its earnings forecast for the year, saying it expected to add customers.
Fourth-quarter net income fell to $194.7 million, or 42 cents a share, from $448.4 million, or 87 cents, a year earlier.
Its shares rose 82 cents to $33.06.