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$XL 2Q15 Call: Natural catastrophe losses in 2Q15 were $16MM or 2.9 loss ratio points. By comparison, net losses from natural catastrophes in 2Q14 totaled $35MM or 2.4 loss ratio points. Prior year reserve development in 2Q15 was net favorable of $109MM or 5.3 loss ratio points compared to net favorable $84MM and 5.8 loss ratio points in 2Q14.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.