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Insurance holding company $TMK reported a rise in its 1Q16 results, helped by excess tax benefits. $TMK said net income increased to $124MM, or $1.01 per share during the quarter compared to $121.6MM, or $0.95 per share for the year-ago period. Net operating income from continuing operations rose to $1.08 per share vs. $1.02 per share during 1Q15.
$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?