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$TMO 2Q15 Q&A: Steve of Morgan Stanley seeks thoughts on budget flush in China in the latter stages of the year? Pete replied it is hard to forecast outsized growth at the end of the year. Generally, the macro trends are pretty favorable in China because GDP growth is faster than anywhere else in the world roughly and the needs for our products
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.