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Insurance company $TRV posted net income of $691MM or $2.30 per share in 1Q16. Diluted EPS of $2.30 decreased by 10% from $2.55 in 1Q15. Net income of $691MM in 1Q16 decreased by 17% from $833MM in 1Q15. The lower rate of decrease in diluted net income per share reflected the impact of share repurchases in recent periods.
$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?