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$PGR 2Q15 Q&A: Ian Godelman asked why we see accident year go up 3 points if loss trends have been reasonable. John said that those numbers are seems right to me. We are priced to a level recognized that we are also at a point where accident results would be comfortable. No question the calendar results are better than the accident year results.
$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?