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During 2Q16, $CNC's Health Benefits Ratio (HBR) was 86.6%, down from 89.1% in 2Q15. The decrease was mainly due to the acquisition of Health Net that operates at a lower HBR as a result of higher mix of commercial and Medicare business. The company said that HBR also fell sequentially due to normal seasonality and the acquisition of Health Net.
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.