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In 1Q16, $XL's Property & Casualty combined ratio, excluding prior development and the impact of natural catastrophes, was 92.1%. Natural catastrophe losses totaled $53MM. Operating tax rate was approx. 11% with certain taxes on non-operating mark to market items driving the higher tax rate on net income.
$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?