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MKM Partners analyst Megan McGrath questions on the GM guide in New York and whether the delays in wholly-owned properties and Brooklyn are a coincidence. $TOL says that the delays are a coincidence. On the GM side, though $TOL had projected two sales in Manhattan at its high-end 1110 Park Avenue property, it won't be closing them this quarter.
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.