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Dowling & Partners analyst Gary Ransom questions about $PGR's view on driving patterns and driving behavior on Uber app in Texas. CEO Glenn Renwick said that this idea is not just an insurance program. The success of this program is that the company knows what the vehicle is doing and where its going.
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.