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$AIG's net investment income fell to $14.1Bil in 2015 from 2014 due to lower income on alternative investments. Net unrealized gains in the available for sale portfolio fell to about $8.8Bil as of December 31, 2015 from about $19Bil as of December 31, 2014, primarily due to a rise in rates, widening of credit spreads and sale of equity securities.
$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?