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Jeff Silber of BMO asks if the H&R Block Bank divestiture had any issues that impacted $HRB in the tax season. CEO William Cobb said there was no impact and that the results were within expectation. $HRB expected a $35-40MM impact on EBITDA which came at $35MM.
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.