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$ALL 2Q15 Q&A: On a question asked by Tunis of Credit Suisse about rate increase as a percentage of starting book for Allstate auto, Steven answered the rate increase is 1.5% for 2Q15. Expects to go up as ALL moves throughout the rest of this year, up from 1.5%.
$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?