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$TMK anticipates that the sale of its Medicare Part D business will generate approx. $20-25MM of additional capital to be available for 2016, plus an additional $55-60MM of additional capital that will be available in 2017. The company anticipates that certain investments that were downgraded by the NAIC in 1H16 will be upgraded by the end of 2017.
$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?