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During 4Q15, $AIG strengthened Non-Life Insurance Companies' loss reserves by $3.6Bil pre-tax, which represents 6% of $AIG's total net loss reserves. Of these, $1.3Bil related to accident years 2004 and prior, and remaining $2.3Bil resulted in rise of about 0.7 points, on average, for 2005 through 2014 accident year loss ratios.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.