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Julien Dumoulin-Smith of UBS asks about the earnings contribution lost from the asset sales seen thus far. $AES CEO Andres Gluski said in its forecast through 2018, the company has modest decrease in earnings from those sales. He added that it depends on the asset one is selling and its risk profile, whether it be accretive or dilutive.
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.