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$TRV 2Q15 Q&A: On capital generation and deployment, a question asked by Nannizzi of Goldman Sachs, Jay said, company will look for opportunities to organically grow business and do some M&A that requires capital. Overall it’s a matter of finding those opportunities and will return excess capital on real-time basis if we can’t find opportunities.
$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?