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$CINF 2Q15 Q&A: Paul Newsome from Sandler O’Neill questioned about sizable increase in the amount of reserve releases in the commercial business, are there any studies or events that happened. Mike answered we do have a process that we follow, we've got controls and we believe it's a consistent process that really we've been following it for years.
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.