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Deutsche Bank analyst Abe Azar questions $NRG's strategic priorities for 2H16 beyond the GenOn restructuring. $NRG says that the company will be accelerating the GenOn restructuring, but the company is now more focused on continuing to perfect the integrated platform that it has. This goes from the Generation to Renewables to Retail Mass.
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.