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UnitedHealth Rises After Raising Full-Year Profit Forecast

UnitedHealth Group Inc., the largest U.S. insurer by sales, rose the most since 2009 in New York trading after increasing its full-year forecast on higher enrollment and a decline in the company’s medical spending.

UnitedHealth gained 8.1 percent, or $3.57, to $47.81 at 4:02 p.m. in New York Stock Exchange composite trading, the biggest jump since May 7, 2009. The Minnetonka, Minnesota-based insurer said 2011 net income will be $3.95 to $4.05 a share, more than a January forecast of as much as $3.70. First-quarter earnings were 36 cents a share higher than the average estimate of seven analysts.