Want to join the conversation?
Raymond James analyst Pavel Molchanov questions about M&A in the ethanol production space. $REX says that these were plants set previously and they will be redone & be better plants. These didn't run very well, didn't make money & went bankrupt. $REX wants to stick with premium plants. For other plants to be reopened, it needs to be in good hands.
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.