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$TJX 2Q16 Call: TJX Canada delivered another exceptional comp posting 12% increase. All three Canadian chains had stellar comp performance. Adjusted segment profit margin excluding foreign currency was up 10 BP. Profit margin was negatively impacted by YoverY decline in Canadian dollar and effect on this division's merchandise margins.
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.