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$XL 2Q15 Call: Natural catastrophe losses in 2Q15 were $16MM or 2.9 loss ratio points. By comparison, net losses from natural catastrophes in 2Q14 totaled $35MM or 2.4 loss ratio points. Prior year reserve development in 2Q15 was net favorable of $109MM or 5.3 loss ratio points compared to net favorable $84MM and 5.8 loss ratio points in 2Q14.
$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.