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Mark Mahaney of RBC Capital asks about the gap between mobile and desktop and tablet monetization and what's the trend like. $TRIP said the monetization gap the company currently has is, phone monetizes roughly at about 30% of desktop. The company has seen that improve over time and continues to believe it is well positioned to make improvements.
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.