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Gautam Khanna of Cowen asks about what level of leverage could the company be at to support a special dividend. $TDG said the company has a credit agreement that it recently re-negotiated which allow it to pay out up to $1.5Bil by Dec. 31, 2016.
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.