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$WRK's COGS increased to $9.17Bil in fiscal 2015 compared to $7.96Bil in fiscal 2014. COGS as a percentage of net sales was 80.6% in fiscal 2015 as productivity improvements and lower fiber and energy costs were offset by the impact of lower selling prices in the current year.
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.