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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.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.