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Kate McShane of Citi asks for an update on acquisitions going forward. CFO Sue Lattmann said $BBBY is constantly looking at things that would be beneficial or complement its business. Sue also added that it is part of its capital allocation review that the company discusses with the Board on a regular basis.
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.