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$CB said it estimates natural catastrophe losses in 2Q16, net of reinsurance and including reinstatement premiums, of $390MM pre-tax, or $315MM after tax. This exceeds $CB's original internal estimate of $280MM pre-tax. Of the $390MM pre-tax total, $320MM is from natural catastrophes in North America and $70MM is from events outside North America.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.