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$CINF said that it expects 2016 combined ratios in the low to mid 90% range, and 2016 property casualty premium growth rate within 1 percentage point of 2015. Catastrophe loss ratio for 2015 was 2.3 points below the average of the previous 10 years, said the company.
$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.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?