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$XL produced a P&C combined ratio of 95.3% for the third quarter of 2015, compared to 90.1% in the prior year quarter. Because of cautious approach, $XL's writings were down 26% in the energy segment during the reported quarter. Further on an YTD basis (adjusted for FX), reinsurance was down about 5% overall.
$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?