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Bob Drbul of Nomura probes about strength in shoes and homes. CEO Barbara Rentler replied that $ROST's strength in shoes is broad based, both in brown shoe and athletic, as is its strength in home is broad based between decorative home and bed & bath. Both businesses are pretty healthy across the board, added Barbara.
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.