Want to join the conversation?
$YUM's global brand divisions are in line with previous expectations with better-than-expected Taco Bell performance covering up for lower-than-expected Pizza Hut performance. Full-year EPS is pressurized by an incremental 1-2 percentage points due to stronger than expected FX headwinds, including the mid-Aug. RMB devaluation.
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.