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$MSFT 4Q15 Q&A: Keirstead of Deutsche Bank had a question on cost control. Amy responded that because of performance in Xbox and Surface, reduction was due to a hardware mixed-shift bit. Outperformed on both Xbox and Surface a little bit outside cost range, but not as much as revenue outperformed. So margin was better than expected.
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.