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$ALL's recorded combined ratio was 93.6% which generated $491MM of underwriting income. The YTD underlying combined ratio was 89.1%. $ALL now expects the full year underlying combined ratio to be no higher than 89.5%. Common shareholders received $2.6Bil in cash so far this year due in part to an 8% reduction in the number of shares outstanding.
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.