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Brandon Couillard of Jefferies asks about China growth rate and percentage change in 2Q16. $A CEO Mike McMullen said in China the company achieved strong double-digit growth rate in the quarter. He added that the company is looking at low double-digit growth in China for the full year.
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.