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$MDLZ continues to aggressively reduce costs to expand margins and provide the fuel to accelerate its growth. To this end, during 3Q15, $MDLZ significantly expanded its gross margins by generating net productivity of more than 3% of cost of goods sold, including the benefits from the installation of almost 30 lines of the future around the world.
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.