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$PGR's net income for June 2016 dropped by 36% to $60.5MM from last year, and EPS decreased to $0.10 from $0.16. Total pretax net realized losses on securities was $0.4MM compared to gains of $43.7MM in the previous year period. Net premium written for the month grew by 16% to $1.86Bil and net premiums earned increased 12% to $1.74Bil.
$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?