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UnitedHealth profit explodes after ditching most of its Obamacare business (UNH)

UnitedHealth Group, the largest US health insurer, reported better-than-expected quarterly profit and revenue, helped by strength in its Optum business. The company also increased its forecast for 2016 adjusted net earnings to about $8.00 per share, from $7.80-$7.95. UnitedHealth's net earnings attributable to shareholders rose to $1.97 billion, or $2.03 per share, in the third quarter ended Sept.
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