Want to join the conversation?
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.
$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?