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Kyle Rhodes of RBC asks on the CapEx range of $15-40MM, what the low end assumes from an activity perspective versus the high end. $REXX CEO Tom Stabley replied that the low end would assume that Benefit Street continues to participate and the higher end of this range would assume that they do not continue to participate at a certain level.
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.