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Homeowners results were more profitable for $CB in 3Q15 compared to last year. The 3.1 percentage point decrease in the combined ratio in 3Q15 compared to 3Q14 was primarily due to a lower impact of catastrophes. The impact of catastrophes accounted for 3 percentage points in 3Q15 compared to 5.6 percentage points in the same periods of 2014.
$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?