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Brian Pitz of Jefferies asks about device sales post Prime Day. $AMZN CFO Brian Olsavsky said that Prime Day had an enormous impact on the device business and devices were well adopted by customers. He said it was the largest device sales day that $AMZN has ever had, pretty much across all of the device types, e-readers, tablets, Fire TV and Echo.
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.