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$DRI 4Q15 Call – Bradford, CFO: Adjusted EBIT margin expanded at greater amount than in 3Q14. This was result of reduced discounting at Olive Garden, a more normalized commodity cost environment, greater cost savings, leveraging our positive same-restaurant sales, & contribution of 53rd week; & also 50BP of restaurant expense improvement in 4Q15.
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.