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Brett Cooper of Consumer Edge Research asks for the prospects of price/mix improvement in developed markets. $KO CEO Muhtar says price/mix has improved globally for 2015, primarily due to packaging strategies and mix management. In Europe, $KO will focus on smaller packages and more premium offerings to improve price/mix, says COO James.
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.