Want to join the conversation?
$MCY said the expense ratio in 2Q16 declined to 25.4% from 2Q15. Net advertising expense was $8.6MM. Premiums written grew 6.6% in 2Q16 primarily due to higher average premiums per policy. In California, premiums written grew 7.8% while outside California, premiums written grew 1.3% during the quarter.
$BA won a $22 billion deal from SpiceJet, their largest order from an Indian airline.
$FB stock remained in the green territory after Raymond James upgraded shares to strong buy from outperform, on expectations that overall 4Q16 ad spending was strong.
$ARRY Good day for the stock, jumped 7%. Great gains !
2017 was supposed to be another record year for automotive industry. Still, $F Ford thinks its profit will dip in 2017..!!
$KKR to buy Hitachi’s power tool unit Hitachi Koki for $1.3 billion. Looks like KKR & Co is going strong in Japan! Remember when it bought Calsonic Kansei a while back?