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$DPS 2Q15 Q&A: Hong of Goldman Sachs asked about marketing growth as a percentage of sales. Marty replied that it's up $1MM and just coincidentally for 1H15, marketing spending came in at 7.6% of sales. DPS reported it's going to be 7.6% for FY15. It sounds like it should be 7.6% in 2H15.
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.