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During 3Q15, $PGR repurchased $18.4MM in aggregate principal amount of its 6.70% fixed-to-floating rate junior subordinated debentures due 2067. Since the amount paid exceeded the carrying value of the debt repurchased, $PGR recognized losses on these extinguishments of $0.9MM during 2015 and $4.8MM during 2014.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.