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Paul Trussell with Deutsche Bank asks about the tourism impact going into 2016. $M CFO Karen Hoguet says that the company will have to see and doesn't know currently what that's going to be. The company has been tracking it on a two year basis to understand it better. It could continue to impact the company by a point, but not more than that.
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.