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Matthew Borsch of Goldman Sachs asks about handling the Medicare business in 2017. CEO Steve Nelson said that $UNH wants to build on the momentum that it is experiencing in 2016. Steve added that the objective is to offer stability in the benefits and premiums.
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.