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$MCY said in California, it recorded an increase in personal auto severity in the high single digit range during 2Q16 versus 2Q15. California private passenger auto frequency was up slightly. Excluding impacts of catastrophe losses, the combined ratio outside of California was about 100.3% in 2Q16 compared to 99.8% in 2Q15.
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.