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P&C insurer $CB said that after-tax operating income for 2Q16 was just over $1Bil or $2.25 per share vs. $2.40 per share in 2Q15. Excluding cat losses, after-tax operating income was $2.91 per share, up 7% over 2Q15. The company's P&C current accident year combined ratio, excluding cat losses was $88MM during 2Q16.
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.