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Alan Rifkin of BTIG asks about the $300MM savings goal at the end of third full year post Family Dollar merger. CEO Bob Sasser said that $DLTR is hitting and exceeding expectations. He added that the company is on target and expects to exceed the $300MM savings goal.
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.