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$KHC's topline results have been mixed. On the positive side, the company has had success with innovations such as Lunchables, P3 and Heinz yellow mustard. The company's sauces business in Asia-Pacific is doing well and it is benefiting greatly in Europe from an improved product mix and higher investments in marketing behind $KHC's brands.
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.