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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.
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.