More on Wellpoint (WLP): Q2 beats estimates on strong revenues, but the bottom-line was hit by...

|By:, SA News Editor

More on Wellpoint (WLP): Q2 beats estimates on strong revenues, but the bottom-line was hit by expenses as the company used a larger portion of premiums to cover senior medical costs. The company sees its senior business continuing to negatively impact margins for the remainder of the year, and lowers its FY forecast. Shares -3.7% premarket.