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$PCLN 2Q15 Call: Booking.com launched a TV advertising campaign in Brazil, while it invested $60MM in a minority stake in Hotel Urbano, one of Brazil’s largest & fastest growing online travel companies. Investment includes an exclusive commercial partnership; PCLN will provide Hotel Urbano customers access to accommodations outside of Latin America
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.