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$LCRX 4Q15 Call: Record revenues for the quarter were at a level of $1.481Bil, which was an increase of 6% compared with the March quarter. For fiscal year 2015, the revenues of the company also exceeded the $5Bil mark for the first time. Gross margin came in right at the midpoint of guidance at 45.5%.
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.