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$MA 2Q15 Q&A: On a question asked by Jeffrey of SunTrust about acquisition approach, Martina answered that from a strategic point of view, MA has got more clarity over last 4-5 years in terms of where it want to strategically play. Will be looking at area of strategic importance for acquisition and are giving cash back to shareholders; no change.
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.