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Peter Costa of Wells Fargo asks for an update on the ASO business for 2017. $AET said the pipeline, as it matured, was lower than last year. So the company does not expect robust sales as seen in 2016. $AET is encouraged by its retention efforts and is actively engaged in this but does not expect growth in this area in 2017.
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.