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UBS analyst Tom Wadewitz questions $UPS whether there is any reduction in the rollout cost in getting some of the cost savings in a bigger way. CEO David Abney says that late this year, $UPS will complete the first phase of ORION and the company is investing the dollars in phases 2, 3 & 4. So, additional capabilities and features will save money.
$JCP shares rebounded and now in green territory after saying it will hire 800 consultants as part of a beauty expansion that will include 70 new Sephora store-in-store locations.
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.