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$ACE's 3Q15 average new money rate is 2.9% versus current book yield of 3.6%. For the past 12 months, operating cash flow was $4Bil. $ACE's strong cash flow has offset the impact of lower reinvestment rates and this trend is expected to continue. Cash flow for 3Q15 was $808MM.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.