WellPoint's outlook stable, was positive-Moody's

(Reuters) - "While the operations of the company remain strong,
WellPoint's aggressive stock repurchase program, which is
expected to reach $3 billion this year, will reduce the level
of capital at the operating subsidiaries," Moody's said in a
statement.




Moody's currently rates WellPoint's senior unsecured debt
"Baa1," the third-lowest investment-grade rating. Though an
upgrade is unlikely for now, WellPoint is solidly positioned at
that rating level, Moody's said.


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