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Big insurer Anthem slashes Obamacare footprint in Kentucky in half for 2018

by synergycap1 | Sep 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Anthem on Wednesday continued reducing its Obamacare business, as the big insurer said it will cut in half the number of counties in Kentucky where it sells individual health plans next year. Anthem’s decision to sell individual plans in just 59 counties in...

Trian proposes shake-up to P&G’s structure and strategy

by synergycap1 | Sep 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

NEW YORK (Reuters) – Activist investor Trian Partners on Wednesday released its long-awaited plan to jolt shares of Procter & Gamble Co (PG.N), detailing changes intended to streamline and rejuvenate the maker of Crest toothpaste, Tide laundry detergent and...

Sorry, President Trump. The US is not the ‘highest taxed nation in the world’

by synergycap1 | Sep 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

He’s said it before, and he’ll likely say it again. But repetition doesn’t make it true. On the stump for tax reform in North Dakota on Wednesday, President Donald Trump repeated one of his favorite campaign claims: that Americans pay more in taxes...

Hedge fund activist wants to reorganize Procter & Gamble into three business units

by synergycap1 | Sep 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Nelson Peltz, a founding partner of Trian Partners, released a 93-page white paper on Wednesday describing his plans to shake up Procter & Gamble. Peltz’s fund has a $3.5 billion stake in P&G and has been seeking a board seat, but his specific plans for...

Tenet selling 8 more hospitals as investors debate company break-up

by synergycap1 | Sep 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Working Capital

Tenet Healthcare expects to sell eight low-margin hospitals and its nine hospitals and clinics in the United Kingdom to reduce debt and focus on healthier operations, outgoing Chief Executive Officer Trevor Fetter said at an analyst conference Wednesday.The...
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