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$AHL announced an initial estimate of about $65MM in pre-tax losses, net of reinsurance and reinstatement premiums, related to natural catastrophes in 2Q16. The estimated natural catastrophe losses are attributed about 75% to the Reinsurance segment and about 25% to the Insurance segment.
$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?