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$UNM's new money yields were higher in 3Q15 vs. 1H15. The current new money rate yields remain well below the company's existing portfolio yields. Therefore, the downward pressure on portfolio yields and net investment income continues to impact the profitability. $UNM remains active in raising prices in the market to manage this.
$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?