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Insurer $PGR reported a 29% drop in 3Q16 earnings due to wider net impairment losses. Net income fell to $198.7MM or $0.34 per share from $278.3MM or $0.47 per share last year. Total pretax net realized losses on securities rose to $20.7MM from $15.8MM. Net premium written grew 12% to $6.05Bil and net premiums earned increased 13% to $5.72Bil.
People seem to be cold about the $HAL earnings! Honestly, I expected more stock action by now.
$TSLA's Musk says Neuralink will take on AI prominence. Apparently, he wants to avoid a "Terminator" kind situation.
$JCP shares rebounded and now in green territory after saying it will hire 800 consultants as part of a beauty expansion that will include 70 new Sephora store-in-store locations.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.