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$FTI 2Q15 Q&A: Bill from Howard Well questions about Surface business guidance. Maryann answers, a lot of the headcounts reductions in Surface that we’ve been talking about have largely been made we will continue to see the benefit of that in the back of the half year along with beginning to see some of the benefits of the restructuring.
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.