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Shannon O'Callaghan of UBS asks about the rapid pace of additions in digital. $GE CEO Jeff Immelt said the momentum for Predix is growing. He added that partnerships with Huawei in China and Schindler will help the company extend on a global basis. $GE is pleased with the partnership numbers and that will continue to accelerate through 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.