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Rich Valera of Needham & Company asks about $MENT's auto business. CEO Walden Rhines said it was 15-20% of the overall business and it was toward the higher end of this range in 1Q17. He also implied that it would continue to grow as a percent of revenue going forward.
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.