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QUARTERLY GROWTH: UnitedHealth Group Inc. said Tuesday it earned $1.27 billion, or $1.16 per share, in the second quarter. That's up from $1.12 billion, or 99 cents per share, in last year's quarter. Revenue rose 8 percent to $25.23 billion.

WALL STREET EXPECTATIONS: Analysts surveyed by FactSet expected earnings of 91 cents per share on $25.22 billion in revenue.

ANOTHER NEW FORECAST: UnitedHealth now expects 2011 earnings of $4.15 to $4.25 per share, a 20-cent raise from its forecast in April. That was a big jump from initial guidance of $3.50 to $3.70 per share, which analysts called conservative.

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