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$GIS 4Q15 Call – Don, CFO: For FY15 Pound volume declined 1%; net price realization and mix added 2 points of sales growth and foreign exchange reduced sales growth by 3 points. Our US retail segment had a disappointing year. Our US retail brands gain share in categories representing 65% of measured sales volume.
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.