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Q&A: Stephen Kim from Barclays Capital asked about first time buyer activity; is $DHI feeling a pickup in the market since summer last year? CEO David Auld said that on the market picking up, the company is continuing to see consistent absorption and demand. $DHI is in the process of pushing that brand out across the country.
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.