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Adam Samuelson of Goldman Sachs asks about $HRL's volume trends in Refrigerated Foods and about visibility into improving retail cadence. CEO Jeffrey Ettinger said the organic number would have been down absent the Applegate added sales. He added that $HRL is looking at favorable environment for net sales growth for multiple segments next qtr.
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.