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Greg Badishkanian of Citi probes on why the company is performing better than its competitors in the Caribbean in 4Q16. $CCL answered that the company has a very large base of previous cruise scores that are loyal to the brand. $CCL is better in its revenue management skills and also the capacity is distributed across multiple home ports.
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.