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Carlo Santarelli of Deutsche Bank asks about the improvements in $WYNN Macau YoverY. Ian Coughlan, President said April was a steady month. The trend of the VIP business junkets and the direct business being stabilized continued. Mass continued to grow in the mid-tier. 60% of the room inventory is allocated to mass and slots now.
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.