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Global selling prices had a negative effect of 2.2 percentage points on YoverY sales during 3Q15. The negative 2.2% effect on year-over-year sales is consistent with $ZBH's experiences over the past three years. For the remainder of the year, the company expects this pricing pressure to continue.
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.