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$TMK's net investment income for 1Q16 rose by 3% from last year. The effective annual yield on the fixed maturity portfolio slid to 5.83% from 5.87%, primarily a result of lower new money yield rates and reinvesting proceeds from bonds that were called in 2016 at yield rates less than rates it earned on the bonds before they were called.
$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?