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Citigroup analyst Erik Bass questions about the sales growth in Japan and the drivers of increased productivity in POJ. $PRU CFO Robert Falzon said sales were up about 15%, which is half, mainly due to the Life Planner growth of about 6% and also due to the productivity.
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.