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$SWK 2Q15 Q&A: Wise of RBW asked what do see from a DIY and power tools end-customer standpoint. John replied it’s a complex answer and it varies a lot by geography. The trends in the US are good, 52% of our revenue is in North America. Europe is relatively flat. Rest of the world, China and Russia way down and other emerging markets doing okay.
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.