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$XEC 2Q15 Q&A: Jason Smith of BofA asked about testing results of Avalon. John replied that XEC is very happy and pleased with the results from the pilots that are drilled in Avalon. XEC tested a variety of spacing throughout the Avalon. On a go-forward basis, based on these results, very comfortable with 8 wells per section.
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.