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$HAS 2Q15 Call: International segment revenues declined 9%. Europe was down 14% and Asia-Pacific was down 6%, while Latin America posted growth of 1%. Emerging market revenues were also down, declining 11% in reported revenues. Growth in the preschool category was more than offset by declines in the Boys, Games and Girls categories.
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.