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Sean Dodge of Jeffries asks about bookings guidance. $CERN said there is no anticipation that long-term bookings percentage will be different like last year where the company saw some mid 30s. This year $CERN has been below 30% and 30% is roughly the target. The company does not expect any large spikes from any deals.
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.