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$TMK 2Q15 Call: Administrative Expenses were $47MM for the quarter, up 3% from the year-ago quarter and in line with our expectations. The ratio of administrative expenses to premium was approximately 5.7%, same as the year-ago quarter. For the full year, we anticipate administrative expenses will be up around 6% to 7% at around 5.8% of premium.
$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?