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BOA Merrill Lynch analyst Ken Hoexter asks $UPS what is accelerating the pace of service deliveries in the International segment. President, UPS International Jim Barber says that the success in Europe is making sure the network and the service in product offerings are best in class. The margins have always been strong.
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.