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During 1Q16, $KMPR's Life & Health segment's net operating income was $20MM. Excluding the $5MM after-tax deferred premium reserve adjustment, results were in the segment were stable. Outside of Life, higher A&H claims and cat losses were offset by higher net investment income.
$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?