Want to join the conversation?
Camden, New Jersey-based company $CPB said that it delivered strong adjusted EBIT and EPS growth in 2Q16, along with continued gross margin expansion. Denise Morrison, CEO of $CPB, said that she is pleased with the 2Q16 results, but not satisfied with the sales performance.
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.