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$CINF 2Q15 Call: The bond portfolio pre-tax average yield reported at 4.64% was 12 basis points lower than a year ago. Taxable bonds purchased had an average pre-tax yield of 4.48%, while tax exempt bond purchases averaged 3.43%. In both cases those yields are higher than those we experienced a year ago and in the first quarter of this year.
$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.