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$RDC said it continues to expect drillship operational downtime to be approximately 5% after a break-in period of approximately six months up to one year, during which drillship operational downtime will likely be higher. $RDC estimates jack-up operational downtime to account for about 2.5% of in-service days in current and future quarters.
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.