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Denise Chai of BofA asks about the anti-dumping ruling. $WHR said the ruling is for the US market. In 2013, the anti-dumping law was applied to countries such as South Korea and Mexico which caused LG and Samsung to shift production to China. The new ruling affects LG and Samsung such that duties must be paid regardless of place of production.
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.