Want to join the conversation?
$GPS expects to recognize pre-tax restructuring costs in FY16 of about $300MM, about $100MM of which is non-cash, from the measures to better align talent and financial resources against its most important priorities. The company expects that the charges will include long-term asset and lease-related costs, as well as employee-related costs and inv
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.