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$NKE 4Q15 Q&A Update – Mark, CEO: On initiatives with automation and Flyknit, we are starting to see some benefits of that program and we have been on a long journey with our factor partners to improve costs in the factor system and maintain innovation and the quality of products. We are starting to see some of newer technology coming on stream now
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.