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Here's Why Shares of Humana are Higher Friday

Shares of the health insurer were climbing on better-than-expected earnings.

Shares of Humana (HUM) - Get Humana Inc. (HUM) Report were higher Friday after the health insurance giant reported third-quarter earnings above analysts' expectations. The health insurer posted adjusted earnings of $3.18 a share on sales of $13.69 billion. Both were better than estimates. Humana continues to see adjusted earnings of about $9.50 a share for the year, that's above analyst forecasts. The company is also seeking regulatory approval for its merger with rival insurer Aetna (AET) .


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