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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 ...