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Property insurance firm $MCY said that 1Q16 operating EPS was $0.13 vs. $0.59 in 1Q15. The decline was mainly due to an increase in the combined ratio from 99.1% in 1Q15 to 103.9% in 1Q16. The quarterly results were negatively impacted by $40MM of unfavorable reserve development and $8MM of catastrophe losses.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.