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Stephens analyst Will Slabaugh questions $TXRH what it is seeing in terms of volumes and profitability in Bubba's. CFO Scott Colosi says that from a sales perspective, the results have been a little bit mixed. The margin performance has been outstanding and so the overall return picture looks pretty good for Bubba's.
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.