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$ACE's net loss reserves decreased $122MM in 3Q15. Excluding foreign currency, net loss reserves increased $212MM in 3Q15. Net realized and unrealized losses pre-tax totaled $1.2Bil. Operating return on equity was 12.9% for 3Q15 and return on equity computed using net income was 7.2%.
$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?