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$CHK said in the past three years, it has reduced its total leverage by apprx. 50%. The company has reduced its cash costs by roughly 50% and significantly improved its capital efficiency. This year's capital program is roughly 10% of the capital spent in 2012 and the company's production today is approx. equivalent to its 2012 production.
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.