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$NFX 2Q15 Call: Most recent drill and complete cost in STACK is $7.9MM, down $600,000 from 1Q15 average. The company is certain that it will achieve at least another $1MM savings in completed well cost. Recent SXL wells in the Williston Basin has been drilled in about 14 days and for an all-in cost with facilities of about $5.5MM.
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.