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Brad Erickson of Pacific Crest asks about inflection in revenue growth beyond 2019. $HAR said the inflection point beyond 2019 will come from fast-paced growth from the current programs being developed which will have a large rampup once scaled. There will be good margins from this business which will bring good revenue growth.
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.