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George Shapiro from Shapiro Research asked for some color on 737 program. $BA CEO Dennis Muilenburg said the company continues to have good dialog with its customers about their future needs regarding 737 airplanes. Dennis added 737 MAX 8 is into the production system and the company is confident on adding value to customers.
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.