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Guggenheim Securities analyst Subash Chandra questions $SWN as to what are the factors ramping up in the Fayetteville. CFO Craig Owen says that the main factors are pricing, the size of the well & the way the company is driving cost through its system. The liquids profile in Southwest Appalachia helps the economics & pricing improved the NGL side.
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.