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$XL 2Q15 Call: Our results included operating ROE of 10% excluding unrealized gains and losses. The P&C combined ratio of 89.9% and underwriting profit of $209MM, GWP of just over $3Bil and operating earnings of $0.84 per share. Impact to these results included higher levels of cap and medium to large losses as well as $28MM in integration cost.
$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?