Want to join the conversation?
$ALL 2Q15 Q&A: On a question asked by Shanker of Deutsche Bank Stanley about paid severity vs. incurred severity, Tom commented that paid is what is paid out and ALL doesn’t report incurred. ALL do reserving on a absolute claim reported basis; look at how many claims are reported and estimate what incurred severity will be.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.