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Personal lines insurer $ALL said that for May 2016, estimated catastrophe losses were $202MM, pre-tax or $131MM after-tax. The estimated catastrophe losses for the second quarter months of April and May 2016 total $835MM, pre-tax or $542MM after-tax.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.