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Stock Market & Financial Investment News

News Breaks
February 5, 2014
09:27 EDTHUMHumana: Q4 EPS loss of (19c) driven by 99c per share in expenses
The expenses were for reserve strengthening in nonstrategic closed block of long-term care insurance policies. This was a non-cash charge which is expected to have little impact on our free cash flow expectations moving forward. The company said it is evaluating our strategic alternatives for this asset. Comments taken from Q4 earnings conference call.
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