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$L 2Q15 Call: Last year, CNA’s earnings contribution to Loews included a$ 50MM non-recurring benefit from a post-retirement medical plan curtailment. This year, CNA’s earnings contribution was reduced by $49MM, attributable to retroactive reinsurance charge related to the loss portfolio transfer entered into by CNA and National Indemnity in 2010.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?