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BoFA Merrill Lynch Canada analyst Mike Jalonen questions about the timeline to resolve Voisey's Bay litigation. $RGLD says that the deductions that Voisey's Bay is making are inappropriate essentially turning an NSR to an NPI-type royalty. The company is defending itself actively and the court has scheduled for a trial in the early part of 2018.
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.