Want to join the conversation?
$FLS 2Q15 Q&A: Graham of Jefferies asked about restructuring. Tom replied if you look at the $100MM of cost & $70MM of benefit while we’re trying to execute it as soon as possible, a lot that is going to be in mid-later 2016. We’ll try to maximize that as much as possible, but it’s going to take a direction as some of these are pretty complicated.
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.