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UnitedHealth raised its annual profit forecast on Tuesday and said it aims to grow in 2026, in a sign that turnaround efforts under new CEO Stephen Hemsley were gaining steam.

UnitedHealth shares were up more than 4% in premarket trading after its third-quarter earnings exceeded Wall Street expectations as the U.S. health insurer kept medical costs in check.

Hemsley, who returned as CEO in May after leading the company from 2006 to 2017, has been working to regain investor and consumer trust after a difficult period for UnitedHealth that included the murder of a top executive, an unexpected surge in medical costs, a federal probe, and Americans' anger at insurance industry practices.

He was brought in as a

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