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Mike Rehaut of JPMorgan asked if the community count would reaccelerate into the mid-single digit or high single digit growth into next year. $DHI's management stated it expects community count to be at low single digits or relatively flat this year but looking over the next year or two, growth in the double-digit pace could be expected.
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.