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$NFLX 2Q15 Q&A Update – Reed, CEO: On other ways of driving price or ARPU, I'm sure there are other ways to do it and the way that we've chosen is working very well for us. So then, we intend to focus on the core, getting more content, more streaming, better usability, and the structure on the price tiering is unlikely to 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.