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Shlomo Rosenbaum of Stifel Nicolaus asks about the trajectory of Exchange Solutions. CEO John Haley said $WLTW expects a growth in total lives covered this year. The company is beginning to see some of the increased selling in the mid-market as expected. Most of the synergies will be seen in the back half of the three years.
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.