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According to NPD, $GPRO's 1Q combined digital camera/camcorder unit share in the U.S. increased 150 basis points YoverY to 20.9%. According to GfK, $GPRO's 1Q digital imaging unit share in Europe increased 200 basis points YoverY to 10.5%. In 1Q, $GPRO accounted for 6 of the top 10 camcorders in Europe on a unit basis.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.