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$ALL's property-liability net written premiums were $8.1Bil, up 4.2% driven by a 4.7% increase in Allstate brand premium. Underwriting income of $571MM was $105MM lower than 3Q14, primarily due to higher non-catastrophe auto losses and lower favorable reserve re-estimates, partially offset by higher earned premium and decline in cat losses.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?