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$CNC said its 2016 guidance for health benefits ratio is 87.0-87.5%, a decrease from 2015 of approx. 160 BPs at the midpoint of the guidance range. G&A expense ratio is expected to be between 9.4-9.9% in 2016. On an adjusted basis, on excluding acquisition costs, the G&A ratio is expected to increase by 75 BPs to 9.0-9.5%.
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.