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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| December 02, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

FINANCE

Humana raises its outlook again

The health care provider expects '04 profit of $1.69 a share, the high end of its previous forecast, and over views of $1.66 a share. Commercial medical enrollment should climb 220,000-230,000 from a year ago and Medicare membership should increase 15%. Humana also forecast '05 profit over views. Shares jumped 9.5% to 27.13.

Calpers ousts Harrigan from helm

The $177 bil California Public Employees Retirement System voted 3-2 to replace President Sean Harrigan, an outspoken corporate governance activist. As expected, the board named Ron Alvarado to take on the position Jan. 1.

** Radian Group rose 2.5% to 52.65 after Lehman Bros. suggested the insurer would be an attractive buyout ...

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