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$WRB said at June 30, 2016 after-tax unrealized investment gains were $363MM, representing an increase of $182MM or more than 100% rise from the beginning of the year. The average rating was AA-, which was unchanged, and the company shortened the portfolio from 3.3 years at Dec. 2015 to 3 years at the end of June 2016.
$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?