Want to join the conversation?
Julian Mitchell of Credit Suisse asks about core margin expectations for 2016. CEO Tom Joyce answered that the core margins were relatively flat for the company ex Fortive and for 2016, the company continues to expect 50-75 BPs of core margin expansion for $DHR ex Fortive. He added that the company expects better performance in 3Q16 and 4Q16.
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.