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Allison Poliniak of Wells Fargo asks about backlog strategy. $GBX said it has a number of multi-year orders. The strategy is basically to price three parts of $GBX's own leasing fleet base sales to select small number of strategic leasing partners and shippers. So the company has backlog extending out to 2020.
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.