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During 2Q16, $PRI said that its Term Life segment margins expanded to 20.6%. Operating revenues and adjusted direct premiums both rose 14% YoverY for this segment. Investment and Savings Products (ISP) operating revenues fell 2%, while operating income before income taxes was 4% lower than 2Q15, with margins compressing slightly.
$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?