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$HIG's core earnings for 1Q16 dropped by 15% from last year, principally due to decreased investment income from limited partnerships and other alternative investments as well as lower underwriting results in Personal Lines, including unfavorable prior accident year development in automobile and higher catastrophes.
$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?