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During 3Q15, $PGR repurchased $18.4MM in aggregate principal amount of its 6.70% fixed-to-floating rate junior subordinated debentures due 2067. Since the amount paid exceeded the carrying value of the debt repurchased, $PGR recognized losses on these extinguishments of $0.9MM during 2015 and $4.8MM during 2014.
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.