WellPoint (WLP -2%) shares continue to fall after yesterday's poor Q2 report. BMO Capital...

|By:, SA News Editor

WellPoint (WLP -2%) shares continue to fall after yesterday's poor Q2 report. BMO Capital Markets cuts its rating on WLP to market perform from outperform and expresses skepticism about the firm's belief that it's a "canary in the managed-care coal mine." Nevertheless, the board has given public backing to under-pressure CEO Angela Braly.