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Vertical Research analyst Joe O'Dea asks $URI to comment on the volatility seen in the sequential trends. CFO William Plummer says that the May, June performance raised the baseline to what is being judged in July. The new contracts going out were not greater than what was achieved in the previous month or the last contract that came just off rent.
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.