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Stephens analyst Farha Aslam asks $TSN from where the improvement in value-added chicken is coming from. $TSN says that it is coming more from retail than foodservice. The chicken business in foodservice is strong & getting stronger. By value-added, $TSN means retail & foodservice businesses collectively. In future, there will be a balance in both.
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.