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CAG 4Q15 Call - Sean Connolly, CEO: I am resolute in my belief that unlocking our potential requires a major change. Change will encompass us everything from portfolio mix and segmentation, to more aggressive SG&A reduction, to acquiring new talent and capabilities, to compensation metrics and culture. And I am confident that it can be done.
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.