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$MCY's net premiums grew 7.7% in 1Q16 mainly due to higher average premiums per policy and an increase in new business policy sales. Company-wide private passenger auto new business application submitted to $MCY rose 7% and homeowners new business submissions were down 3% for 1Q16.
$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?