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Joseph Giordano of Cowen & Co. asks about overall growth relative to total CapEx across the company's industries. $CGNX said that as the environment improves the company expects its outlook to improve as well. The markets the company serves is growing high single or low double digits over the long term and $CGNX expects to outpace that growth.
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.