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$DIS's depreciation and amortization costs grew 3% or $66MM to $2.4Bil, driven by new theme park attractions and, to a lesser extent, new broadcast facilities and equipment. This was partially offset by the impact from foreign currency translation due to the strengthening of the US dollar against the euro.
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.