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$SNA, which competes with companies like $HD, $SWK and $DHR said SNA Europe delivered mid-single digit growth, in places like the UK, Spain and the Nordic region, while Asia-Pacific registered double digit increases. In 1Q16, opex of $259.9MM yielded an opex margin of 31.2% for $SNA, up 160 BP from a year ago, driven by sales volume leverage.
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.