Want to join the conversation?
Tim Ramey from Pivotal Research Group asks about how impactful the 150th anniversary might be. $BF.A $BF.B CEO Paul Varga said the company is advertising and promotional budgets aren't of the scale of some industries, but there will be quite a bit. Advertising will be targeted through social media means, mass media and public relations.
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.