Stocks in the news: WellPoint, ArcelorMittal, Ford, Visa


WellPoint Inc. (WLP) said Wednesday its third-quarter profit fell 11 percent to $730.2 million, or $1.53 per share, as enrollment in employer-sponsored insurance plans continued to slip as more U.S. workers lost their jobs, causing revenue to fall less than 1 percent to $15.21 billion. Excluding items, WellPoint missed analyst forecasts.

ArcelorMittal SA (MT) on Wednesday posted a 76 percent decline in profit to $903 million, its first profit after three consecutive quarterly losses, as it saw the first signs of a gradual recovery in demand. Sales fell by more than half to $16.18 billion. The company says it expects higher shipments and steel prices in the fourth quarter. Shares fell about 2 percent ahead of the bell.