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$OMC 1Q15 10-Q: Operating margins were flat at 10.9% vs. 1Q14 and EBITA margin increased to 11.7% in 1Q15 vs. 11.6% in 1Q14. In 1Q14, OMC incurred $7MM of expenses in connection with proposed merger with Publicis, which were primarily comprised of professional fees. On May 8, 2014, the proposed merger with Publicis was terminated.
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.