Want to join the conversation?
$AIG's net investment income for 1Q16 fell to $3Bil from $3.8Bil last year, on lower income on alternative investments, from negative performance in hedge funds and lower reinvestment yields. Net unrealized gains in available for sale portfolio grew to $13.5Bil as of March 31, 2016 from $8.89Bil as of Dec. 31, 2015 on lower interest rates.
$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?