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In FY15, $TEL's sales were up 4% organically, and 10% on a constant currency basis, this growth was driven by harsh businesses and the beginnings of new growth cycle in SubCom. Adjusted EPS of $3.60 was up 9% YoverY and up 19% on a constant currency basis. Adjusted operating margin exceeded 16% for the first time reflecting a healthy portfolio.
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.