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Courtney Willson of Cowen & Co. asks about the company's international plans over the next year or so. $AEO said it has a profitable international business built on the license business. There is growth across American Eagle and Aerie, both in the license business and wholly owned. There are opportunities in Spain and other areas of Europe as well.
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.