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SunTrust analyst Ali Agha questions $PNW whether the results are right on plan and budget through 1H16. CFO James Hatfield says that the company is meeting its expectations based on what it thought it would be in the year. The O&M is mostly fossiled maintenance and it was front end-loaded. So, there's no surprise seeing at where $PNW is today.
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.