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$DHI's CEO David Auld said that its homes sold in 1Q16 improved helped by improved absorption. The company's focus is to produce double-digit annual growth in revenue and pre-tax profits. With positive sales trends in Jan. and a well stocked supply of land, lots and homes, $DHI is positioned well for the spring selling season and for 2016.
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.