Author: 123jump.com Staff
123jump.com
Last Update: 2:49 PM EDT April 24 2008


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Aetna reported a lower quarterly net income on capital losses amid solid membership growth and premium-rate strength. The company’s medical membership rose by 614,000 to 17.467 million, while pharmacy membership climbed by 219,000 to 10.951 million and dental membership increased by 334,000 to 14.166 million. AutoNation’s first-quarter net income fell to $56 million or 31 cents per share vs. $83 million or 39 cents a year ago. Revenue slid to $4 billion from $4.3 billion last year.