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$URBN 2Q16 Q&A: When Konik of Jefferies asked about the growth trend between direct vs. store sales, Rick told that August to-date, direct-to-consumer channel is running even with 2Q16 trend with double digit increase YoverY and store channel is weaker and not coming up to the 2Q16 trend.
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.