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$CNC said that its debt on June 30 was $4.5Bil, including $185MM of borrowings on revolver. The company's debt-to-capital ratio, excluding non-recourse mortgage note, was 44.4% vs. 44.3% in 1Q16. $CNC's medical claim liability was $4Bil at June 30, representing 43 days in claims payable. Cash flow from operations was $420MM for the quarter.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.