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Adecoagro added a large fertilizer business just as its legacy farming year weakened; the AGRO question is whether Profertil earnings and ethanol flexibility can bring post-deal leverage down.
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Arch is not hard to like after an 81.7% combined ratio, $1.0 billion of Q1 net income, and $783 million of buybacks. The harder question is whether reserves, catastrophe losses, mortgage credit, and reinsurance pricing stay friendly enough for that capital mac
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