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$DRI 4Q15 Call – Eugene, CEO: EPS on an adjusted basis increased 100% to $1.08 &; & 4Q15 adjusted EBIT margins increased significantly. For FY15, annual sales from continuing operations increased by 7.6% to $6.8Bil. Adjusted EBIT margins increased by 150BP & annual EPS on an adjusted basis were $2.63, which is an increase of 54% versus last year.
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.