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Mike Sison of KeyBanc asked about the acquisition opportunities in active cosmetics. $IFF CEO Andreas Fibig said the company is conducting due diligence on a number of potential opportunities and if it makes good sense like last year it expects to go forward with it.
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.