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$GMCR 3Q15 Call: We generated net sales of $970MM, down 5% vs. 3Q14; & down 4% excluding currency impacts. Brewer volumes declined 15%, representing unit sales to be low our expectations, as we continue to work through high levels in inventory at retail & restock MINI. Brewer net price realization declined by 6% due to higher promotional efforts.
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.