Brazil's Cemig appoints Luiz Paroli Santos as CEO of subsidiary Light
SAO PAULO, June 27 The board of Brazil's utility Cia Energética de Minas Gerais nominated on Tuesday Luiz Paroli Santos as the new chief executive officer at subsidiary Light SA.
April 30 WellPoint Inc, the second-largest U.S. health insurer, said on Wednesday that first-quarter profit fell, largely because of investment spending related to healthcare reform and the higher administrative costs of adding new commercial customers.
WellPoint, which runs Anthem and Empire Blue Cross Blue Shield plans, reported net profit of $701 million, or $2.40 per share, down from $885 million, or $2.89 per share, a year earlier.
Excluding net gains of 10 cents per share, earnings were $2.30 per share.
Analysts on average had expected earnings of $2.12 per share, according to Thomson Reuters I/B/E/S. It was not immediately known if the figures were comparable. (Reporting by Caroline Humer; Editing by Lisa Von Ahn)
NEW YORK, June 27 Jury selection in the New York trial of former drug company executive Martin Shkreli will enter its third day Wednesday, after some potential jurors said they could not be fair to a man who gained notoriety by raising the price of a life-saving drug more than 5,000 percent.