Gilead Sciences GILD NASDAQ:GILD

Rumors Suggest Surprising Possibility of Valeant and Actavis Combination

Media reports over the weekend suggested Valeant Pharmaceuticals VRX held merger discussions with Actavis ACT , which may now have stalled on financial considerations. Valeant had been signaling that it was seeking to pursue a large acquisition or a merger of equals, so the magnitude of the deal was not surprising, but we were a little surprised by the target. Overall, there may be enough … Continue reading Rumors Suggest Surprising Possibility of Valeant and Actavis Combination

Sharp video playback with an ugly design

The good: Video is sharp and easy to play on Netflix for Windows Phone over Wi-Fi and 4G LTE connections. The bad: The app's Windows Phone-specific design is hard to navigate. The bottom line: Despite its undesirable design and occasionally slow performance, Netflix for Windows Phone is worth the free download to watch videos on your phone…Read More >> Continue reading Sharp video playback with an ugly design

Gilead Sciences GILD NASDAQ:GILD

White Mountains’ Underwriting Margins Drive 1Q Book Value Increase

A benign catastrophe season and continued improvement in underwriting margins at majority-owned OneBeacon OB led to a 3% sequential increase in adjusted book value to $606 per share at White Mountains Insurance Group WTM . In comparison with last year’s first quarter, the combined ratio (expense divided by earned premiums) fell to 81% from 84% at Sirius Group, White Mountains’ reinsurance subsidiary, while OneBeacon also … Continue reading White Mountains’ Underwriting Margins Drive 1Q Book Value Increase