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$AVGO 3Q15 Q&A: Seymore of Deutsche Bank asked about stability of business. Hock said we're not one single product in our four end-markets. In fact, we’re 12 separate products in those four end markets. 12 separate operating divisions & product lines, and each of them are in a niche market of their own. Not all up at the same time and not all down.
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.