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On the single family rental community, $LEN is more positive relative to the sector and the way it is doing it; a unified community of single family homes. $LEN believes the management leverage associated with community approach to single family is attractive and provides management efficiencies. $LEN is still in the experimental phase.
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.