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$XL said its subsidiary, XL Life, agreed to reinsure a block of U.S.Term Life treaties to a subsidiary of $RGA.The deal includes all U.S.Term Life reinsurance policy reserves & cedes 80% of remaining life reinsurance premiums not included in sale of its life reinsurance subsidiary. With this deal, $XL expects to book a net GAAP loss of about $34MM.
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.