Want to join the conversation?
$ALL's property-liability net written premiums were $8.1Bil, up 4.2% driven by a 4.7% increase in Allstate brand premium. Underwriting income of $571MM was $105MM lower than 3Q14, primarily due to higher non-catastrophe auto losses and lower favorable reserve re-estimates, partially offset by higher earned premium and decline in cat losses.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.