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Updated from 10:57 a.m. EDT
OKLAHOMA CITY -- WellPoint (WLP Quote) knows how to cause some pain.
The company sent the health insurance sector reeling Tuesday after it announced that escalating medical costs -- the biggest threat to industry profits -- would cause a shortfall in its full-year earnings.
WellPoint's stock lost a more than a quarter of its value, while its rivals' shares were pummeled by worries about deteriorating trends in the sector. ...
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