Want to join the conversation?
$CSCO 4Q15 Q&A: When Faucette of Morgan Stanley asked about the security portfolio, Charles said that the company is very bullish about the strength of security portfolio. He added that deferred revenue was up over 20% on a 26% in the quarter and software is 47% of security portfolio.
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.