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$RIG said CapEx for 1Q16 was $368MM, largely associated with payments on new builds. The company also said its 2016 revenue efficiency guidance remains at 95% and full-year operating and maintenance expense is expected to range between $2.1-2.3Bil, down 6% from previous guidance.
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.