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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.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.