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$MCK FY15 10-K: As of March 31, 2015 gross profit was $11,411MM and gross margin was 6.37%, respectively. Gross profit and GM increased over last two years due to business acquisitions, higher buy margin and mix of business. Gross profit was impacted by higher LIFO-related inventory charges which were $337MM, $311MM & $13MM in 2015, 2014 and 2013.
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.